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BFCSA
MORTGAGE
DISTRESS SOS

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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 FOS 30,000 Complaints
http://aca.ninemsn.com.au/article/8872846/cba-victims-left-in-dark-over-losses How cruel can these banks be?  How does all of this grief over banking loans and advice become an aid to our economy? Mr Narev:  Saying sorry doesn't cut it.  You need to start putting people before grubby profits. The other Banks will have to be dragged into the mix.  We need a Royal Commission into the major banks and we will then see how many other lenders are involved in these nefarious activities. This email address is being protected from spambots. You need JavaScript enabled to view it.  FROM ANOTHER MEMBER VICTIM: Please blog Denise,- Just received my determination from fos- maladministration found- 50/50 proportionate liability because I failed to protect my interests (against a bank and financial industry professional) remedy is BE HOMELESS with three children and well give you some of your money back after a few weeks of being in the street. What is really going on here?? The bank does the wrong thing and then they determine remedy?? Please...
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Wonder if this happened?  Or is it still on the table?  26th November 2013.  Wish BFCSA could charge those fees to Bankers for cleaning up their mess.........Why didn't FOS suggest to Parliament that the ridiculously low compensation claim of $280,000 should be lifted to match the loans to pensioners of $4 million?  Unlimited Compensation to match their lending practices?  Start writing to the Senators.....banking is out of control!!  FOS to double its membership fees The Financial Ombudsman Service (FOS) is proposing to more than double its maximum membership fee to fund improvement of its services.  In its Fee Review Consultation Paper, FOS proposed to increase the maximum membership fee from $11,000 to $25,000.  “When the fee model was introduced in 2010, this was done so without detailed information on the numbers and outcomes of disputes under the new terms of reference,” said chief ombudsman Shane Tregillis.   “The proposed changes to...
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Recent Comments - Show all comments
  • doyla66
    doyla66 says #
    Sure are coming over as thick and fast - thick as thieves if not thick in the head from taking the kind of risks they are now taki
  • doyla66
    doyla66 says #
    Yes Organza. It make you want to throw up when you read articles like these. The ads for the banks are coming thick and fast over
  • doyla66
    doyla66 says #
    Have just been catching up on reading the weekend newspapers to find an article in the SMH Businessday by Clancy Yates stating the
  • doyla66
    doyla66 says #
    It is do as you are told and keep your mouth closed among the Fosser/Tossers. Job security is a thing of the past now and I'm sur
  • doyla66
    doyla66 says #
    It's unfair to have several different case managers, it's unfair that we are even if this position. But to throw us from person to
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