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BFCSA
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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 UK
  From "Life After Debt", chronicles the experiences of one UK borrower, Caroline.  Her story sounds so like some of our stories - the frustration, the stupidity of government policy, the suffering inflicted on borrowers, the failure of FOS, the ignorance of the law and processes, the unfairness of the entire situation over a period of 4 years. In Caroline's own words: In October 2008 life as I knew it was over-turned with the discovery that my husband had concealed his failing business from me and, much to my horror, the price we were going to pay was our home, our livelihood and our financial future. Having since discovered irresponsible lending and the economic crisis were pivotal to our financial demise, I have spent the subsequent years attempting to understand the reasons behind the current recession while pleading for personal debt forgiveness from the too big to fail bank HBOS. This...
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  • doyla66
    doyla66 says #
    Thank you Lisa. Irresponsibility in the financial/white collar brigade appears to be the norm the world over these days & it comme
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Posted by on in From My Window
Canary Wharf
    Continue reading the main story   The BCC said financial institutions needed to rebuild trust   Businesses' trust in banks and other financial institutions is falling, according to a survey from the British Chambers of Commerce (BCC). Half of the 1,560 businesses questioned said they mistrust banks and building societies, while 38% said they trust them less than a year ago. Banks and building societies remain the main source of finance for firms. Meanwhile, a separate survey revealed businesses' hiring intentions fell to a 28-month low in September. But the report from accountants BDO also said that business optimism showed a rebound this month, "continuing the zigzag pattern of ups and downs in confidence of the last four years". 'Repair relationships' The BCC survey said 57% of firms felt confident they could secure external finance, while 37% said they were not confident of doing so. Some 59% of those...
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  • doyla66
    doyla66 says #
    Did LIBOR impact Australia? Surely it must have? Why aren't our Australian Media looking into that side?
  • doyla66
    doyla66 says #
    Because our Australian Media do not want to ask the intellectual questions. They consider it is not newsworthy if it is boring to
  • doyla66
    doyla66 says #
    Anthony Klan certainly could. He's world class. So are some of the ABC investigators and well known Australian writers like John P
  • doyla66
    doyla66 says #
    "the fullest, most forensic, most transparent 'people's public inquiry'" into the behaviour of banks, with consequences. This is w
  • doyla66
    doyla66 says #
    In Bank executives minds, doing "what is right" was replaced by: A)Doing what can be covered up by their corrupt lawyers, B)Ignori
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