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.
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.
We need to topple these bankers before they steal all assets/homes they can lay their hands on. The Banks have pricked the Bubble and refinancing has stopped, which means TOP UPS have to be hidden for a short while. The new NCCP laws do have the UNJUST CONTRACTS provisions that NSW had for over 30 years. If you were from NSW you were protected from Banks for 30 years. ASIC forgot to tell the public that fact!!! How many bankers did the Corporate Fluffy Duck Cop prosecute? Zero!
Government is blamed for allowing Brokers who are untrained and unlicensed to give financial advice, untrained to use bank strategies provided with devious bank stationery and bank Manager teachers to ascertain whether your loan is affordable....something Brokers are not permitted or qualified in law to do so. Yet Government permits the charade to continue and why the overly expensive broker model...