WARNING: Over 50% Of Mortgage Statements Have Hidden Fees

NAB & Bankwest Forced To Repay Customers: ASIC
Source: smh 02/17

Bank Refunds $4.9M After Overcharging Interest On Home Loans
Source: brokernews 02/17

ANZ To Refund $5 Million After Overcharging Low Income Customers
Source: heraldsun 03/16
The Facts You Need To Know
# Fact 1 – Banks Are Driven By Profits
- You will repay 2 to 3 times the amount you borrow unless you make extra payments
- After 22 years of paying your mortgage you will still have half the original amount you borrowed to pay off still
# Fact 2 – Banks Make Mistakes
- All Australian lenders have been caught overcharging clients millions of dollars
- A simple typing mistake or computer glitch is all it takes
HOW MUCH ARE YOU BEING OVERCHARGED?
- Check your loans for hidden bank errors
- Pay your home loan off sooner
- Own your home sooner
“it could have ended up costing me $20,000” – Lyndsey (interviewed on today tonight)