Bank's Mistake

Discussion in 'Loans & Mortgage Brokers' started by MTR, 10th May, 2017.

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  1. MTR

    MTR Well-Known Member

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    Got a phone call last week, AMP made a mistake on my interest rate, instead of increasing my interest rate which was at 3.82 % they reduced it to 3.40% on a 900K loan. I had no idea, did this last April. I never noticed... oops.

    Anyway, they apologised and will not be backdating, what a nice surprise... Thanks AMP


    MTR:)
     
  2. Zoolander

    Zoolander Well-Known Member

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    Yet receiving money in a bank account by accident, withdrawing and using it to buy luxury crap then fleeing the country is frowned upon. What a weird world we live in :rolleyes:
     
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  3. Biz

    Biz Well-Known Member

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  4. RetireRich101

    RetireRich101 Well-Known Member

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    that's about 3 grands plus... remember that holiday you promised me
     
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  5. Redwood

    Redwood Well-Known Member

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    gotta be your shout!
     
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  6. dabbler

    dabbler Well-Known Member

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    Yeah ? wow, an error in your favor, the game I play the error is always in the *other* parties favor & has been many times (rigged)

    Well, there was no money given, it was money not requested to be paid & probably could have argued that it is not to be increased, very different to someones funds put as cash into another account.
     
  7. MTR

    MTR Well-Known Member

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    Thats right Kalgoorlie... do you like gold prospecting...lol
     
  8. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Now that explains the super low rate you were speaking of a little while back................

    ta
    rolf
     
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  9. MTR

    MTR Well-Known Member

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    The party is over, it took 6 months or so to work it out

    If only they accidently deposited $10M in my account
     
  10. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    If they can make that mistake think of all the others that go undetected. I wonder how long it took someone to argue with them until they went - Oh crap.
     
    MTR likes this.

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