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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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Subscribe to this list via RSS Blog posts tagged in Consumers cannot trust financial products
We had a few pertinent questions to ask the Senate.  We sent those questions to the Senators.   Not one question was asked.  Instead messages to say "they will be asked in Camera." There has to be more transparency if we are ever going to enjoy TRUST and CONFIDENCE in the marketplace and particularly relating to consumer protection.   Small businesses have been screwed by banks.  Consumer Mums and Dads have been robbed of their life savings in systemic rorting and fraud and forgery that has been going on for more than two decades. The greatest lie was being perpetrated by the regulator Australian Securities and Investment Commission ("ASIC").  No questions should be asked IN CAMERA.  The public have paid dearly for the regulatory neglect we have all experienced or heard about the past few years.  TRUTH is bubbling to the service and the long suffering public have a right to know what is happening in the world of high finance from...
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  • doyla66
    doyla66 says #
    One of ASIC's reasons for in camera with the Senators is they don't want to be named and shamed. Look at the protests Greg Tanzer
  • doyla66
    doyla66 says #
    A camera chat does nothing more than allude to guilt and cover-up and it sucks in my view that they allow this. However one might
  • doyla66
    doyla66 says #
    We insist that all the Q & A that occurred in camera be made public, otherwise Parliament has been tainted with cover up processes
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