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Tag AFCA

Prove Alleged Debt, Stops Mortgage Stress

Prove the alleged debt!  It isn’t a big ask of your bank or their lawyers and/or debt collectors… Until you actually demand the evidence. Notice how banks are quick to use threats and intimidation to extort monies. Yet very, very… Continue Reading →

Disclosure Duties of Banks In Australia

Disclosure duties of banks raise some questions from a customer viewpoint. While many of Australia’s “laws” seem to show favour to the corporation, rather than “the little guy”. So what are the disclosure duties of major banks and financial institutions… Continue Reading →

AFCA Bias Towards Banks

Ever wonder about AFCA bias towards Banks? Australian Financial Complaints Authority Limited is Australia’s financial “ombudsman”, an organisation funded by the banks and insurance companies. AFCA appears to assume that banks “act in good faith“, giving more weight to banks’… Continue Reading →

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