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My name is Paul Herman and after an illness in 2011 I was having difficulties making my loan payments to ANZ and NAB. I was advised to get a copy of my loan application forms. I found that ANZ Bank had increased my income by about 400% and reduced my expenses down to a quarter.
The National Bank said they destroyed my loan application form, even though they are required by law to provide it to me. However they did send me the following chart in which my income was inflated by about 700%.
My comments in red. See below.
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Evidence of Bank Fraud
[/wt_custom_heading][wt_spacer height=”35″ separator=””][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”1905″ img_size=”full” add_caption=”yes” alignment=”center”][/vc_column][vc_column width=”5/12″][vc_column_text]Channel Nine, A Current Affair ran a story about an elderly man, Spencer Murray who declared his income as $20,000 when he applied for a loan. NAB put a 1 in front of that to make his income $120,000 (600% increase). After an illness NAB evicted Spencer and his wife from their home and took their assets. Many elderly people are powerless when a Bank liquidates them and takes their life savings.[/vc_column_text][/vc_column][/vc_row][vc_row center_row=”yes”][vc_column][wt_spacer height=”40″ separator=””][vc_single_image image=”1124″ img_size=”full” add_caption=”yes” alignment=”center” onclick=”zoom”][wt_spacer height=”40″ separator=””][wt_custom_heading tag=”h1″ align=”center” color=”#000000″ background=”#eeee22″]👇
Ask for your home loan application form from your lender and check for fraud.
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Tell us if you find fraud. Your story will help others. You can remain anonymous.
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