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Archive for the ‘Finance’ Category

Bank refunds from mistakes in mortgage & loan fees and interest errors

When I found out about the way banks in Australia have been making mistakes in our statements I was pretty angry. But rather than get angry I decided to get even … and I took the Mortgage Watchdog risk free trial. This system is great, you either find errors or you don’t pay. What have you got to lose?

Mortgage Error Facts:
– 54% of monthly bank statements contain errors.
– 80% of these errors favour the banks.
– The average monthly error is $242.
Mortgage Watchdog have helped over 22,441 people find errors in their bank statements.

Don’t Think Mortgage Errors Are Really Happening?
Recently a major Australian bank found they had overcharged fees on 55,000 customer’s accounts and it totalled $52,000,000. That’s right $52 million dollars. That’s an average of $945 for each person.

What I find pretty amazing about this is that the bank found the problem NOT the customers. That means that fifty five thousand people didn’t notice the best part of one thousand dollars missing from their bank account.

You may be thinking "I know I’d sure notice $1,000 missing from my account." … but I bet that if you called those 55,000 people mentioned above, they’d have said exactly the same thing before the bank informed them of the little blunder they made on their account.

So why risk it. Check out the information at the Mortgage Watchdog site and receive your risk free trial. They have helped thousands find errors in their statements and you can check yours risk free.

This is what some others have said:
"I have found errors in some cases over hundred dollars on my monthly statements. As a bit of an unusual thing, I have kept my statements from 1989 and am currently dealing with Westpac to get my money back which has added up to over $14,000.00. Thanks for the program". Grant Redding – Nerang. QLD

"I have now been reimbursed the exact amount of discrepancy I had found using your program of $7,563.04 plus reimbursement of the cost of the software package against my loan." Ann-Maree Enders – Kingsley. WA

"My husband and I were with Macquarie Bank. We had a number of problems with regards to fees and charges and monthly mortgage payments. Whenever I contacted Macquarie’s customer service and asked for explanations of why we had been charged extra for fees or why the monthly mortgage payment was more than expected, I was very abruptly dealt with. After being with this bank for 7 months and being extremely unhappy with all aspects of the service, we refinanced with another bank.
While I was bemoaning the situation and sure that we were owed at least $3,000.00. I saw an advert for Mortgage Watchdog. So, with nothing to lose I purchased the software. From a data entry point of view I loved the system. It was very simple to understand and the best part is the program creates a letter to send to the bank, which I did. 6 weeks later the bank sent us two cheques, one for my husband and one for me. The total we received from the bank was $4,000.00.
Best investment I have made all year. Thank you Mortgage Watchdog. Mychelle Morrissey and Gus Mulder – Wattle Grove. WA

"I bought the software after I saw the advertisement at least 4 times. When it arrived I was hesitant and it sat in my intray for a month before I installed it. It took me another 4 weeks to get around looking at the software! I must admit if there was anyone who was a sceptic, it was me! After loading in all the data and following the easy steps (even I can do it and I hate instruction manuals!) what started to unfold were a series of errors the bank had made! I reviewed the mortgage over a period of 16 months and to my horror I found that they had been charging me more interest than I owed – a few hundred dollars. I’m incredibly grateful to Mortgage Watchdog – its really one of the best investments I’ve made. I’m rapped!" Shalom Paul – Sydney. NSW

The software simply works – you either find errors or you don’t pay. Get your MortgageWatchdog free trial now!