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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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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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Posted by on in Reserve Bank of Australia
I sent in a complaint to FOS about an issue that is unique to our situation, but which I believe was borne out of the Predatory Lending practices of the bank. FOS' response is that they 'cannot consider' our dispute.  However, the uniqueness of our situation shows that their response was really pretty much a cut and paste job.  I have had to write back and ask that they give my complaint due consideration, without presumption. FOS made at least nine presumptions in their response.  It appears to me that they aren't even reading our complaints but just sending back fob off answers.  To tell the truth, I don't expect they will give any more regard to this letter as they did my original complaint.  But I live in hope :). Dear (FOS), In all due respect, it is clear to me that you did not read and understand my complaint.  ...
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  • doyla66
    doyla66 says #
    Hi JJ. YES - I am taking it to the media. I have already been in touch with some media, mainly Stephen Long of ABC 7.30 Report and
  • doyla66
    doyla66 says #
    My bank manager quite often boasted how he was taken to FOS a few times - but always won. He acted like he was invincible!! He eve
  • doyla66
    doyla66 says #
    Wayne - are you taking this to the media. The public at large needs to know of this. That is disguisting. I hope you did not agree
  • doyla66
    doyla66 says #
    COMMONWEALTH BANK of AUSTRALIA. I have re-named it the CORRUPTWEALTH BANK.
  • doyla66
    doyla66 says #
    THANKS FOR YOUR POST SUSAN. Hopefully the "minders" reading our bfcsa blogs will pass this on to the powers that be. WE ALL HAVE
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