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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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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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Does this mean that NAB will clean up the debris?  Pay out Compensation to everyone its hurt financially? OR are the NABBERSs planning to "cut and run."  clueless NAB says no impact for customers....................what about the financial destruction of people's lives this has caused? It means the fourth pillar of the banking world simply says its STAR product is "unpopular!"  YES BFCSA members have kept up the public pressure over products you Nabbers engineered, manufactured, promoted and profited from.  Yes NAB, you have been publicly exposed for selling a deliberately fraudulent loan system that kept you in BIG FAT BONUSES, whilst you kept your customers IN THE DARK like bleeding mushrooms!   So MR CAMERON CLYNE, in the recent Board Room Meetings I hope you have a very big COMPENSATION BUDGET put aside for the longer suffering NAB customers to benefit from.................................Oh and I believe Homeside ran similar products in the...
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  • doyla66
    doyla66 says #
    They'll just rename low doc loans to "NO LOANS REFUSED JUST LET US FILL IN THE INCOME FOR YOU LOANS".
  • doyla66
    doyla66 says #
    True or Easy Loans or Flexi Loans or Homesafe Loans or whatever their crafty marketing bods come up with. Dressing up a pig to loo
  • doyla66
    doyla66 says #
    I don't believe a word of what Nab are indicating. Come on Nab, this will not deter you from LOW DOC loans. What is the definiti
  • doyla66
    doyla66 says #
    I smell a brand re-badge of same foul product, Low Doc loans not popular any more so NAB pulled it??.. pull the other one NAB! Ke
  • doyla66
    doyla66 says #
    Finally an admission such loans are too hot for Mr. Cameron Clyne to handle! Wonder if NAB has done what banks have been doing in
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Bankers Profit at the Expense of the Broader Community Written on 02 September 2013 by Vern Gowdie    ‘CBA’s record result delivers Narev $7.8m pay cheque’ said a headline in the Business section of The Australian yesterday. According to the article, the CEO’s salary package rose to $2.1m compared to last year. Nice work. Narev is not an isolated case; bankers around the world are reaping the benefits of stabilised markets courtesy of central banker intervention.  Don’t get me wrong; if someone genuinely delivers they should share in the spoils. But what irks me is the banking sector (globally) is a protected species. As we witnessed in the GFC, the financial sector is backstopped by taxpayer money. Success is theirs and failure is ours. Globally the financial sector has grown like topsy over the past two decades and remuneration has followed suit. But has this growth added any real value to the economy? Paul Volcker (Chairman of the...
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  • doyla66
    doyla66 says #
    The CBA doesn't even need to get a completed Loan Application to force you to borrow. The Bank Manager is well versed in Blackmail
  • doyla66
    doyla66 says #
    How many more people have CBA forced into hardship with their predatory tactics since this article was written last September 2013
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