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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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If you happen to be a Bankster, and you invent a monstrous fraud, then flag it to all your competitors so it becomes the "norm" and the scam just happens to be a GOLD MINE in Big Fat Bonuses for all concerned: aggregators, planners, broker, lawyers and LIQS......then what happens when the fraud becomes volcanic lava flowing out onto the streets?  Ooops!  The plebs have awoken and started to smell the fumes from the over-heated LOW DOC market. NOW WE HAVE THE CORRECTED LAFS CAPER......................CBA STYLE! One of our members asked THE COMMONWEALTH BANK for her LAF and sent it in to a less than helpful FOS.  The income had been fudged upwards by over $100,000....you all know this as "the usual model."   The document was definitely altered after she signed and without her knowledge or consent.   Then a year later, because the LAF was a typed up electronic 7...
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  • doyla66
    doyla66 says #
    Has there ever been 2 royal commissions running at the same time in Australia previously? If not, then we have an idea as to why a
  • doyla66
    doyla66 says #
    Finally after 3 years of requesting our LAF's from the Nab it came to light that the Broker never completed any. Proven fact now.
  • doyla66
    doyla66 says #
    Our once trusted leaders are not so trusted anymore. Aussies are waking up to Regulator's laid back don't care and very corrupt at
  • doyla66
    doyla66 says #
    Priceless! "Trusted Banks" - ROFLMAO!!! Either APRA are very stupid or they would have no figures whatsoever and nothing to do -
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