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

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