Liar Loans affect millions of Australians
Did your Bank Forge your Income? Your Assets? Your Liabilities? Your Signature?
This is called Predatory Lending
Please Sign Our Petition
Investigate Fraud by Banks
- Scott signed 5 minutes ago
- Lucy signed 20 minutes ago
- Linda Smith signed 42 minutes ago
- Andrew signed 1 hours ago
- Linda signed 1 hours ago
- Jack signed 1 hours ago
- Michael signed 2 hours ago
National Australia Bank forgery on Spencer's Loan Application Form.
Liar Loans affect millions of Australians.
Liar Loans are where the Bank, fraudulently alters your income, liabilities, expenses and may even forge your signature.
According to UBS research about 75% of people have had their expenses understated.
(The chart below only represents income falsification.)
Fraud invalidates your Loan Contract.
Ask your Bank for a copy of your Loan Application Form and check for Fraud.
Ask for all computer records and documents associated with the loan approval.
If the bank refuses, lodge a complaint with the Australian Financial Complaints Authority (AFCA).
Petition to:
- Scott Morrison
- Anthony Albanese
- Barnaby Joyce
- Adam Bandt
- Pauline Hanson
Our Politicians should make the Banks obey the Law.
We need a banking system we can trust.
Our Politicians Are Corrupt.
The Banks donate $millions of dollars to politicians. The Government and regulators turn a blind eye to the problem of Liar Loans. The Government reluctantly gave us a claytons Royal Commission, with a time limit and only one commissioner who spent very little time on the problem of Liar Loans.
This election please vote for politicians that will stand up to the Banks.
Why has ASIC not investigated the 1200 fraudulently altered loan application forms lodged with the Senate enquiry into White Collar Crime?
Either ASIC or a Senate committee should investigate.
Why Banks Forge Customers Documents?
Banks inflate incomes so that they get a better interest rate. These loans are packaged together and sold as AAA rated investments to pension funds and large investors.
This is the behaviour that caused the Global Financial Crisis in 2008.