R10 Litigation is one of the largest class actions ever in Australia. It goes to the root cause of the Bank West and CBA abandonment of hundreds of mortgage clients and their financial devastation over the last 4 years. We seek reinstatement of member’s financial affairs positions prior to the bank calling in all these loans.
If you are scratching your head wondering why it is called "RG10" well it is simple, RG stands for Risk Grade. The 10 is the worst risk grade that the Bank had. We now have evidence that the bank re graded the commercial loans to an RG10 status, therefor allowing the CBA to receive an economic benefit.
What's better is that we can now bring in CBA borrowers that were affected in this period as well as we have identified a bridge to connect the CBA loan book. This then destroys the CBA common statement that the bank west Loan book was of poor quality. Please be ready for our BIG announcement in the coming weeks. It will be in the Media.
If you had a facility with Bankwest or the CBA and the Bank called your loan in the period of 2008/2009/2010/2011/2012 & 2013 you maybe surprised and qualify for our Class Action.
Click here for a registration page for our affected supporters to register their interest. The registration page is designed to quickly assess each borrowers loan facility that the Bank walked away from.
(Your anonymity will be assured)
Do you know of something corrupt, illegal or naughty happening at your workplace, or former workplace. Perhaps you stumbled across a big secret that needs to come out, and you don't feel comfortable saying anything publicly.
We need your information... and you'll feel a lot better when you get it off your chest.
You can also send us, contact numbers and email addresses for executives that we are trying to contact, or may contact in the future.
Rest assured you can tell us and we will never reveal who you are, unless you give us written consent.
There are 4 ways you can let us know.
1: Call 0430067311
2: Send an email to: email@example.com
3: Send mail to our office:
4: Or use the whistleblowers form below.
Unhappy Banking advocates are in daily contact with banks on behalf of clients experiencing financial hardship. Over the course of many years of dealing with the largest banks we have found the way banks deal with hardship change from time to time. We have found that the hardship process can become protracted and problematic when a bank:
1. Refuses to acknowledge the hardship
2. Continues with enforcement action despite hardship
3. Complicates the hardship assistance process
4. Does not clearly explain the hardship process and the rights of the customer
5. There are internal communication failures between the banks departments
6. Refuses to negotiate when the issues are clear
7. Refuses to communicate with the customers elected representative
The above issues have resulted in our rating of the big banks to a hardship fairness test. This is based on our experience dealing with hundreds of complaints from bank customers.
NAB - BEST PERFORMER HARDSHIP FAIRNESS TEST
1. Timeliness in responding to hardship requests
2. Provision of documentation upon request
3. Willingness to negotiate and resolve established issues with representative and customer
4. Less legal costs and expenses
CBA – WORST PERFORMER HARDSHIP FAIRNESS TEST
1. Delays in processing hardship requests
2. Refusal to provide documentation upon request
3. Refusal to cooperative with the customers elected representative
4. Higher legal costs and expenses