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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 Skippy the Computer
Pssst SNEAK PREVIEW:  Want to see the Bankster Passwords for Skippy the Computer? Go to the top of this page, to BREAKING NEWS.  Go to ASIC EMAILS and hit on the LINK.  Type in the search area: "Skippy" The best is yet to come for the long suffering borrowers:..........why did the service calculators have TWO different gearings? Things the Banks forgot to tell the Brokers......................... No risk and all play policy................now that's ingenious.................Ned Kelly would have loved those. Which bank started the "shred the LAF craze?" What does FOS do with its $34 million budget? Or ASIC $400 million budget?    Should try and work with the BFCSA budget chaps - just for LAFs! Puts a whole new spin on "bank bandits" But wait their's more.....................Keep reading.  We are just getting started! This email address is being protected from spambots. You need JavaScript enabled to view it....
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  • doyla66
    doyla66 says #
    I was told by my broker: "after loan are approved we are to shred all the documents"......... Now I know why. All corporations un
  • doyla66
    doyla66 says #
    Well said, Mort. On the same page Lisa A feeling human being despite all
  • doyla66
    doyla66 says #
    Many, many thanks to Denise. Honesty at last. Once the massive evidence is viewed, there will be justice. How can banks, suppo
  • doyla66
    doyla66 says #
    The old saying that "money is the root of all evil" is so true. Greed from Bank Managers and Executives causes so much suffering a
  • doyla66
    doyla66 says #
    I have a sense that what we're looking for is "temperance". What we have observed and experienced in our dealings with the Banks a
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Missing pieces in a low-doc lending trail that shattered lives Date June 3, 2013         (2)                      Michael West Business columnist                 It was 9am Monday, on a late February day this year, when Denise Brailey arrived at the offices of the Australian Securities and Investments Commission in Perth for a meeting with Victorian Commissioner Warren Day and lawyer Robert Allen. Allen and Day had flown from Melbourne to find out what information Brailey, a veteran campaigner for victims of financial fraud, had about the banks and their low-doc loans. Brailey claimed to have the last bits of the jigsaw puzzle which would prove that mortgage brokers were acting as agents of the banks in foisting loans on customers who could not afford them. Though interest rates had fallen to historic lows, there were family homes on the line, lives ruined. This $57 billion, low-doc loan sector required urgent investigation, said Brailey, who...
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  • doyla66
    doyla66 says #
    This just proves once again those 'willbees' from ASIC are still expecting Denise to do THEIR work for them. Members went to the t
  • doyla66
    doyla66 says #
    ASIC and co could justify their way out of a concrete box. Skippy, no doubt, is an efficiency measure, designed to improve product
  • doyla66
    doyla66 says #
    If our government won't order a Royal Commission now they have their priorities upside down. More fuss erupted over a dodgy hor
  • doyla66
    doyla66 says #
    Field's states"brokers (are) agents of customer" legally spurious--as not (1) customer ID "Disclosure Certificate"(DC) supplied by
  • doyla66
    doyla66 says #
    Thankyou, Andy. So well explained and now I really get it. And Philip Field - good grief - had he read the Schmidt Anor case? Reg
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