GLOBAL SUB-PRIME CRISIS

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BFCSA
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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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BFCSA Blog

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

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Consumer says to us:  I said in my submission to Dastyari Inquiry that banks had forgotten about page numbers on faxes and when these Bankers woke up  so many Members and other people who requested one were told by Bad Bankers: "sorry documents have all gone missing..."  It's a joke...the FOS did not ask ANZ for a copy of my LAF or if they did were not given one.  FOS told Parliament "many bank files are ina  muddle and documents have gone missing. Yes that's what happens when its a Crime Scene run by Banking Cartel.  Consumer Confident and Trust is shattered for years to come. FOS CIRCULAR Sept 2013 is a must read re Maladministration in Lending:  FOS Circular    Issue 15 - Spring 2013   http://www.fos.org.au/the-circular-15-home/fos-forum/maladministration-and-low-doc-loans/   Maladministration and low doc loans   Our Annual Review highlights the increase in disputes we received in 2012-2013 about maladministration in lending - that is, cases...
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  • Wayne
    Wayne says #
    FOS, is a total waist of our Money & Time. Ex bankers running a consumer industry.. what a con. Some even handling Bank cases whil
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