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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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Subscribe to this list via RSS Blog posts tagged in Farmers being squeezed
http://www.crikey.com.au/2014/03/07/for-farmers-drought-not-the-most-dangerous-predator-on-the-horizon/?wpmp_switcher=mobile&wpmp_tp=1   For farmers, drought not the most dangerous predator on the horizon Amanda Gearing|Mar 07, 2014   Unfair lending practices and a system that favours bankers over farmers is threatening rural Australia’s livelihoods, says a Queensland farmer and grazier. Freelance journalist Amanda Gearing hears his story. Lack of water can be the least of a farmer’s worries in times of drought. Predatory banks can be just as deadly to a farmer’s livelihood.  Former Queensland farmer and grazier Lynton Freeman has become increasingly anxious about the financial tightrope being walked by Australian farmers as the record floods of 2011 have given way in only three years to savage drought. He fears for hundreds of family farmers at risk — not from lack of water, but from lack of knowledge in how to manage their businesses through the drought and keep their heads above the financial water that will threaten many before this drought...
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This comment from Ali is also worth a BLOG: The Pollies can stop Coles and Woolies from squeezing the farmers dry. They have the power to allow the farmers to make a reasonable profit. If this action continues all the small to medium farmers will walk off their land causing more hardship on the rural industry and bringing more burden to the Government. Coles and Woolies will keep on squeezing the farmers dry for the sake of selfish bigger profits. Once this action reaches saturation point, retail prices will soar and the public will suffer. For this principle we rarely shop at these stores. The bulk of our shopping is done at independent and small privately owned businesses.  If no-one shopped at Woolies or Coles for ten days the Government would sit bolt upright..........................think about it. I agree Ali, Farmers are being squeezed out of existence and usually their enemy/friend worry...
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  • doyla66
    doyla66 says #
    The average Australian knows that Consumer protection is wildly flouted. Standing up to these bullies in power is a must. They con
  • doyla66
    doyla66 says #
    Great idea. Farmers put in the hard work only to be ripped off by the Corporate giants. If it wasn't for the farmers we would all
  • doyla66
    doyla66 says #
    Recent article in our local paper stating a strawberry farmer is not putting up with the measly amounts C & W pays them anymore an
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