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What BFCSA Does...

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 Low Doc Loans - Beware
Here we go again: UNVERIFIED LOANS.............................Low Doc Nightmares.  Low interest rates - watch for the "Honeymoon clause" sting in the tail in the independent legal advice before signing contracts with any lender.  Do not trust heavily conflicted bank lawyers.....big name firms.  The Teaser Rates should be labelled as teasers.   LVRs at 85%  30 YEAR INTEREST ONLY LOANS which mostly last only 4-5 years!  Ask what will be the payments on the second year etc......................   Watch for the NSR ratio...............its likely to be "adjusted."  If you don't understand and are worried its easy to join us.  Just hit the membership button.  We KNOW from experience with these products where the flaws are.    Demand a copy of the Loan Application Form at the point of signing................ This email address is being protected from spambots. You need JavaScript enabled to view it. Specialist lender launches higher LVR loan       inShare by Julia Corderoy | 19 Aug 2014   Non-bank lender Pepper has announced upgrades to its Pepper Essential product...
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