Your bank may be making errors at your expense

[BankSentinel 0]

It's a surprise to most but the fact is that almost all mortgages have errors in their interest calculations.

 

The FDIC estimates that Americans are being overcharged $8-10 billion each year because of bank errors.

 

The stats state that 45% of mortgage holders are owed over $1,500 and and 13% are owed over $10,000. You would be the exception if you were not owed money by your bank.

 

There are a number of companies that for a fee and percentage of findings will check you statements for you, but it is now possible to do it yourself with a piece of software being used by over 2,000 accounting firms.

 

It's newly available at Banksentinel

 

You'll find attached to this post an interview with the ex-banker who created the software after finding $22 million in overcharges at the small regional branch where he worked.

 

Feel free to contact me with any questions.

 

Yuri info@banksentinel.com

Interview_Int.doc