GLOBAL SUB-PRIME CRISIS

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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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BFCSA Blog

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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Dear Denise,   Joe talks of being terrified and my Hubby and i know just how he feels as we are also terrified of becoming homeless. We have just been served with a default notice even though it was not us who ceased the repayments. It was a bank officer who granted a moratorium at our request in 2008 when fraud was suspected and now after all these years we are cruelly slapped with a default.   So if it was they who ceased the repayments how can that be classified as defaulting? It is not a case of defaulting it is a case of having been granted a fraudulent loan. Our loan was approved by dishonest methods and Parliament must listen to the cries of the desperate victims.   At the time of loan approval we were pensioners earning $23,000. 2 bank officers were involved in tampering with our LAF. One of the officers inflated our...
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