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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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This is worth listening to - 4 suicides per week as banks move in and foreclose and on-sell properties to investors........not something widely reported in the media of course............   Monday November 24, 2014 http://www.2gb.com/article/alan-jones-bob-rob-katter     Alan Jones talks to the federal and Queensland MPs about the devastating impact on farmers of drought and bank behaviour   Bring on the ROYAL COMMISSION into the BANKING SECTOR: Why are MP's not talking about the dastardly FINANCIAL PRODUCTS created by the big bad four banks?  Planners and Brokers were the employed "sellers" of bank products. "Faulty deceptive products designed and manufactured by crooked Bankers.   Its the Financial Products stupid!"   Senator Cormann and cronies should hang their heads in shame.  The Senator has been fully briefed on this issue and still peddling nonsense re financial "advice."  The Bankers invented the bad advice as a CARTEL.   Its the mortgage loan products that are...
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  • Wayne
    Wayne says #
    How much evidence do you have shove under the noses of politicians to prove the point. what 12 to14 years of evidence Haaa what a
  • organza
    organza says #
    I think we all well know what is being covered up. The truth being regulators are now clueless re what to do about the big mess t
  • NABbed Nanna
    NABbed Nanna says #
    The truth will come out. The Banks will fall. Us small consumers and business owners are not stupid. We know when we have been
  • Wayne
    Wayne says #
    It's White Collar Crime, They are all in it together...They all know whats going on. Look at the country, the news every day, Bank
  • Duped
    Duped says #
    I think that the majority of politicians are just plainly stupid and of the old belief that the banks would not do wrong. We have
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Breaking the big four’s bad habits  The Murray Inquiry Threatens to corral Australian Banks' dodgy lending practices.  Big Banks Bad Business Model to steal homes. 6 October 2014 Callum Pickering http://www.businessspectator.com.au/article/2014/10/6/australian-news/breaking-big-fours-bad-habits   Australia’s major banks are getting desperate. The Murray Inquiry threatens to corral their dodgy lending practices and misleading accounting, prompting a last ditch effort by senior management to convince members of the inquiry that additional regulation is not required. We shouldn't sugar-coat the situation: the Murray Inquiry poses a serious threat to the business model of Australia’s big four banks. That might sound dire, but don’t be fooled, this is a business model that should be threatened.  The inquiry itself -- the first into the financial sector in 17 years -- will be released in November. At the centre of the inquiry are two fundamental issues: the major bank’s low capital ratios and the government’s implicit guarantee of Australia’s financial system. Those...
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  • Jetfighter
    Jetfighter says #
    There needs to be a better share of the market right across the board to establish a balanced and sustainable economy that will en
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