WENDELL HUSSEY | Cadet | CONTACT
A local man lucky enough to be indebted to tune of 20 years salary after tax, has today made sure to check in with his banking partner.
Alfred Sayers from Betoota Heights has today called his lender to just confirm that they were fully across this weeks news cycle.
A customer of the Greater Diamantina Office Workers Mutual Bank, Alfred said he’s generally fine with his bank, but they have a habit of forgetting to pass on interest rate changes.
“Yeah, look they’ve got a great app and they updated every week at that’s fine,” laughed Alfred.
“But that doesn’t mean I want to give them more money then I have to, or should.”
Sayers said that during the frenzied period of raising interest rates after everyone got sick, they bank seemed to always forget to raise the rate on his savings.
“Yeah, they would immediately raise the rate on my sister’s mortgage, but somehow forget to raise the rate on my high interest savings account…”
“And then last rate cut, (now that I have a mortgage) that somehow didn’t come into effect until a few weeks later after my mortgage repayment came out.”
“So I just wanted to check in with my guy that they are fleecing me for an extra few hundred bucks this month.”
“Anyone with a mortgage should do the same.”
More to come.
