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BFCSA Members speak out against Crooked Australia Bankers: fraudulent LAFs, dodgy unaffordable loan approvals

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douglen46- Posted on Friday, April 1, 2016

Hang in there we also lost our home similar to you I'm 85 these banks stink worse
than a dead rat. WE WILL HAVE THE LAST LAUGH they will lose all they have and know what it's like

Aries- Posted on Friday, April 1, 2016

 

Word is getting out ...Anyone who goes on tv and speaks about bank fraud should stress to every borrower
to get their copies of Loan Application Forms from the lenders even if they have been given copies after signing.
Forms are copied and changed, signatures copied and pasted...easy to do with computers...that's why these criminals
are approving low doc loans willy nilly.....BORROWERS ARE UNAWARE OF FORMS BEING ALTERED !!!!!!!!!

Magie- Posted on Saturday, April 2, 2016

 

Australia is desperate for a Royal Commission into banking . With very wide terms of reference including Fos and ATSIC. Why is so hard for the politicians to open their eyes to the mortgage stress suffered by so many people, many loosing their homes. So many complaining that LAF have been changed after signing. Banks making the LAF fit their financial situation. Do they really think the customers make up these stories. We have our documents as proof. My hardship application to the ANZ was refused 1 day after requesting it. I know the time slot of this application is 21 days. My loan was suppose to be a home loan and small business loan but the bank changed it to two business loan interest only for 30 years. Set up to fail. When is it our turn for justice. Every way you turn to doors close on you. You are just put in the too hard basket. It 's time, bring on the Royal Commission.

douglen46- Posted on Saturday, April 2, 2016

 

There is an urgent need for a royal commission into banking, banks are a law unto themselves and we are the ones paying for it. To many people are falling victims to their greed, this kind of injustice cannot go on it's time for the politicians to wake up and take
action. TOXIC LOANS NEED A TOXIC END.

Aries- Posted on Saturday, April 2, 2016

 

Banks are predatory vultures scamming borrowers ( especially if they own their own home) out of their life's savings by not practicing due diligence. This is deliberate to make themselves more wealthy by seizing the borrowers assets...
Low-doc or No doc loans is the scam....banks agents shown how to get the paperwork over the line for a fraudulent loan..banks agents altering paperwork without borrower's knowledge...Loan forms being shredded to cover up fraud by lenders and agents.
Billions of dollars in profits for banks , million dollar salaries for ceo's...gutters for borrowers.

organza- Posted on Saturday, April 2, 2016

 

One has to wonder how many people have been defaulted on through getting behind with credit card payments releasing the trigger for fake hardship while they clean up behind the scenes getting all in order for a further big collect when they call in the heavies with the blow torch. 6 month deadline a little birdie told me for what they state they are en'title'd to do and another big rort and cover-up for ticks and mouse clicks resulting in error they are responsible for.

Hopefully everyone will finally get some justice.

 


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