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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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NAB touts for Business with Honesty in Credit Lending

Posted by on in Consumers Fight Back
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I suggest everyone take a look at the new NAB promotion for Honesty.

Their home page takes you via a link to their latest credit card marketing strategy.

Further down the page you can read the results of a survey : What makes Australians honest?

I'd love to hear what other BFCSA members think of this.

Is the NAB capitalising on the move toward ethics in business after Denise Brailey put them all on notice about telling the truth at the Senate Inquiry last week?

Or is this just a co-incidence?

After all we heard that Australians are losing their taste for credit.

It certainly pays to be an enlightened consumer when considering buying into the credit market for any reason.

Can you spot the tricks and traps in credit advertising yet?




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  • Denise
    Denise Wednesday, 15 August 2012

    It will be refreshing for NAB to start promoting honesty.

    However, I would like to see them advertise: "Good news and in line with our new image! To all our customers whom we have wronged in the past: we will immediately forgive all your loans, hand back your title deeds and there will be no more fees charges or interest. We want to relieve your pain and suffering and as a good corporate citizen, we are making a real effort to make amends. We are very sorry."

    How about it chaps. Time to repair the damage and allow the wounds to heal.

    Denise Brailey
    [email protected]

  • doyla66
    doyla66 Wednesday, 15 August 2012

    I hope people are passing on their insight into the lies in advertising used by banks.
    Even my smart friends can be so easily sucked into this rubbish.

    I agree with you on that Denise. The best thing NAB could do to even begin to offset the damage done to their "image" is to do the right thing by those they have harmed, all of them.
    And if they've stolen the homes and sold them, then offer full compensation immediately without expecting those so badly injured by the NAB to go through the ordeal of court again to seek redress from the bank.
    All the rest is window dressing. It's like putting makeup on a pig. It's still a pig. (Apologies to all pigs.)

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