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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 NAB UNCONSCIONABLE CONDUCT
NAB's dream-destroying 'Death Star' that is Clydesdale Bank Adele Ferguson March 21, 2015 Jim McGrory, a hotelier of 40 years from St Andrews, Scotland, says his problems with Clydesdale have taken over his life. Photo: Sean Dooley TBLs and how bank clients were stung by them In the summer of 2010 John Glare hit rock bottom. A financial landmine in his business loan with National Australia Bank's UK-based Clydesdale Bank had spectacularly gone off. It took his business and his home, and forced him into bankruptcy. It wasn't just the keys to his house and business that he handed over to Clydesdale Bank, it was almost 30 years of hard toil. "It was gut wrenching," Glare says. "It was my whole life and it was taken away. I was forced to start life again at the age of 47." A Fairfax Media investigation into NAB's British operations has revealed staggering admissions from the...
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  • organza
    organza says #
    Another clue Nanna, digest the content of ASIC CO 1122/05 it gives the answer to what happens to hard copies! Only have to keep f
  • organza
    organza says #
    Sorry for the delay Nanna, have been devoured in reading a book! I ordered my copy on-line, google the title and see what pops up
  • NABbed Nanna
    NABbed Nanna says #
    Thanks Organza, Great stuff. "Nab is the biggest scandal of all" beautiful quote and so, so true. Ask me, I know how Nab operat
  • organza
    organza says #
    My copy has arrived Nanna and it's something all bank CEO's should be reading - riveting revelations re a taste of life in a high
  • NABbed Nanna
    NABbed Nanna says #
    Thanks Organza. Will look out for the book.
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NAB JUST LOVES DEBT.....it wants to own each and every Australian and mire them in debt..............................beware of banks saying "we will save you." http://www.newsnow.co.uk/h/Industry+Sectors/Banking/Australia/National+Australia+Bank this site is full of NAB articles - just click on the link http://www.prnewswire.com/news-releases/national-australia-bank-subsidiary-clydesdales-tailored-business-loans-are-hurting-scotlands-youth-poor-homeless-and-abused-according-to-scottish-charity-destiny-church-252489981.html National Australia Bank Subsidiary Clydesdale's 'Tailored Business Loans' are Hurting Scotland's Youth, Poor, Homeless and Abused, According to Scottish Charity, Destiny Church GLASGOW, Scotland, March 26, 2014 NAB owned Clydesdale Bank has seriously hurt Destiny Church's work with the homeless, disadvantaged and women suffering from domestic violence. The Church has incurred substantial 'break costs' on loans it claims were mis-sold by Clydesdale Bank sales staff. The net effect is that Destiny Church has had to severely curtail it's charitable work with poor and vulnerable people. Destiny Church ironically owns Clydesdale Bank's former Headquarters in Glasgow which it now cannot afford to redevelop into a Community Centre, Church and Nursery. The loans sold by...
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  • doyla66
    doyla66 says #
    The depths Nab will go to to feed their greedy habit is astonishing. Seems that Nab are riff raff mess really, ongoing from the b
  • doyla66
    doyla66 says #
    Just wonder how much of this was associated with sub prime loans and securitisation? They probably had to buy back the securities
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More debt needed for investments: NAB chief DateAugust 1, 2013   Gareth Hutchens "Every [foreign] person that's been coming here in recent weeks, and I see another one reported today, is sort of saying what a fantastic economy," he said"Speaking at a business lunch in Sydney, Mr Clyne criticised the level of debate about debt in recent times, calling it "very immature". Read more: http://www.smh.com.au/business/more-debt-needed-for-investments-nab-chief-20130801-2r1k6.html#ixzz2qhTo42xq  ED:  If Mr Clyne handed over all his wealth to the victims of NAB and then loaded HIMSELF and family up with DEBT FOR THIRTY YEARS, as he has surely done unto others,  then he has a right to criticise............................So far he has not earned the right to comment, he has only earned the wrath of ex NAB customers!...
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  • doyla66
    doyla66 says #
    Was waiting for your comment Nanna! Looks like they all might need to do a lot of re-financing to earn some $$$ to pay a few fine
  • doyla66
    doyla66 says #
    Mr. Clyne it appears you are living in a bubble. You know me I have pleaded for help. You have wiped me like a dirty bum. I am a
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