Bad Banking Stories

Everyday Banking Turns Into Nightmares

Bad Banking practices affect us all, read just a few stories of what has happened to others. Bank Reform Now is set up to build awareness of what is happening to "good people" (just like you) not only in Australia but around the globe.

How the NAB mislead me to believe they are a reputable Bank and caused my family significant financial loss and stress.

National Bank of Australia proves to be a bitter "lemon"... wriggle out of compensation even though FOS clearly defines case to be legit.

Date Published: Aug 2017
National Bank Australia NAB Customer Trust

Noted a recurring $5.00 "Package Fee" being debited to my Westpac "Everyday Account" on about the first of each month-for as far back into my account history as I can go on electronic/internet banking (3 years). 
I contacted Westpac to get information on what it was for....
So...

Date Published: Jul 2017
Westpac Bank Package Fees

"Who would lend more than $840,000 to a couple, each of whom was on a disability pension with no prospects of any form of employment, with the husband partially blind and the wife with a long-term disability, when each had nothing to offer but the desire to speculate in real estate?" Well...

Date Published: Mar 2017
Dale & Faith Burns

Experiences of a 16 year veteran of the Australian banking and financial industry. Essential reading for politicians and citizens who want to see the end of criminal and predatory banking practices.

Bank whistleblower, Pieter Van Der Woude exposes the ruthless, crooked and immoral way...

Date Published: Mar 2017
Finance Sector Australia - Banksters Exposed

Aussie World War II hero Sir Edward "Weary" Dunlop's family decimated by Perpetual Trustees. Is this the way Australia treats the families of our heros?

Why are unscrupulous players in the finance industry getting away with this sort of disgraceful behaviour? Take action with us now...

Date Published: Feb 2017
Weary Dunlop On The Family Farm

Bayview Loan Servicing is stealing my home!!!!!! I for 7 years was with M&T mortgage (credit report will show) NEVER LATE and no problems, then my note gets transferred to Bayview Loan Servicing, LLC and problems started 2 months into having them with payments jumping up 150+...

Date Published: Feb 2017
Me and my son b4 I knew of the corruption of America, banks and government.

I had 2 homes. I lived in one. The other was rented out. I was at home. I was evicted without any warning. They sold my home and paid off the mortgage on the other. The NSW Guardian took it over and rent it out. They will not return it to me until I return to Sydney and go to court. I am in the...

Date Published: Dec 2016
ANZ Bank - illegal eviction, no opportunity for alternatives.

National Australia Bank (NAB) sets up an asset rich elderly retiree in one of the most heinous crimes you could imagine. - With the Sale of the first property, PWC said to me; “oh well, it’s over. The Big Boss from NAB approved the sale this morning. You’ll have to start over.”  

At...

Date Published: Nov 2016
National Australia Bank - NAB Guilty Of Grand Theft

The staff at St George Bank Browns Plains and staff at the Commonwealth Bank of Australia Browns Plains have allowed my ex husband (who is also my business partner) to change the structure of our joint Company by fraudulent means, without my knowledge.

...

Date Published: Nov 2016
St George & Commonwealth Banks of Australia. Corrupt & Unyielding

A fraudulent bank account of $2,500 from 2004 has cost me my home and at least $150,000 'fees'. Westpac proved to be evasive, uncooperative and down right deceitful with their unconscionable conduct, lack of customer assistance and  due care. "I am sure this will eventually be heard on...

Date Published: Nov 2016
Westpac Australian Bad Banking Story

Top 4 Australian Banks - Under Scrutiny

AU Banks want much more than just the farm!
  - The world knows it, but do the people of Australia know it?
It's time to spread the word.


Flush and Dominant, Australia’s Banks Come Under Pressure

There is "...a growing storm in Australia over the size, power and conduct of the country’s four big banks."

"Long politically protected and immensely profitable, Australia’s big banks are now facing the biggest public outcry in a generation..."

"... Australia stands out. At a time when the world is considering what to do about banks that are too big to fail, Australia offers a glimpse of just how big — and how dominant — they can become."
Quoting From NY Times Article By A. ODYSSEUS PATRICK OCT. 14, 2016

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