Ah YES....get tough DUMB ASIC (dumb or corrupt - take your pick)..................brokers have no training, nor licence to give FINANCIAL STRATEGIES, nor to check credit apps!!!!! The only reason they were employed was to save the bank from liability and have brokers blamed for something they clearly did not understand. This banking scandal is now oozing out of the building in ASIC Melbourne....wake up you guys....we are on to you but your nightmare is just beginning.
There will be a judgement day for all those who engineered the plot to blame brokers for dirty toxic lending practices INTERNAL TO BANKS. Smaller Lenders in order to compete had to use THE SAME SERVICEABILITY CALCULATOR - all in SECRET.
Our members will stop short of calling you swine.....we can leave that to another BLOG. ASIC knows it can only hit on the obligatory ten brokers a year (I think that's...
Tagged in:
ABN for a day SCAMS
ASIC DEMOLISHED LAWS
ASIC exempted bankers
Do not attack Pensioners Joe
Government made laws
Recent Comments
-
Show all comments
-
Nothing like doing some fast learning to work out an enigma. When I asked my bank manager for a copy of my LAF I was told (in pan -
When you think about it, EVERY loan involved the use of the Loan Service Calculator that altered the original borrower's data in a