Dr Brandson's Story About NAB

Story Overview

NAB altered Loan Application Forms in 2004 and 2005 to a member of my family so as to give a home loan that was inappropriate. The person given the loan clearly had no hope of managing the loan.

This was a textbook case of unconscionable predatory lending. The result was significant family turmoil and distress.

The NAB refused to settle the issue in a reasonable and amicable fashion. The bank only cares about its brand and bottom line. So that is where the BRN public campaign will hit NAB and the other banks. We can stop banks ripping people off .... and we will.

Story Details
Story Of: 
Dr Peter Brandson
Bank Involved: 
NAB
Bank Malpractice Type: 
Predatory Lending
Unconscionable Conduct
Year Trouble Began: 
2004
Government Involvement: 
FOS (Financial Ombudsman Service)
Did You Receive Effective Help?: 
No

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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