"Charged $26,500 too
much ... Few bank customers bother to check their loan
interest rates ... but Petersham accountant ' ...' did -
and looks like getting back $26,500 for his trouble ... I
am going to check every charge now and demand an
explanation."
Sun Herald Sun (Sydney)
___
"NAB's Irish subsidiary
will reimburse $302,000 .. following the findings of two
investigations into overcharging on accounts."
Australian Financial Review
___
"I have used The
Interest Savers programs to analyse the bank accounts for
more than 20 of my clients. I have discovered
‘overcharges’ in approximately 75% of cases.
The total of all
mistakes, including overcharges of interest, fees and
other irregularities amounts to over $500,000."
JN, Financial Service
Co, NSW, December 2000