Comments on: Westpac says I’m not a person. http://www.avalonsguide.com/anab/2009/05/westpac-says/ Emigrate to New Zealand. There is no "One True Path" to emigrating. Wed, 08 Sep 2010 08:01:28 +1300 hourly 1 http://wordpress.org/?v=abc By: Avalon http://www.avalonsguide.com/anab/2009/05/westpac-says/comment-page-1/#comment-1148 Avalon Fri, 17 Jul 2009 12:12:18 +0000 http://www.avalonsguide.com/anab/?p=756#comment-1148 BTW - it appears James is a mortgage broker from New Zealand, which is perhaps why he is so offended, and why he thinks that the way Westpac handles mortgages is perfectly sensible :) BTW – it appears James is a mortgage broker from New Zealand, which is perhaps why he is so offended, and why he thinks that the way Westpac handles mortgages is perfectly sensible :)

]]> By: Avalon http://www.avalonsguide.com/anab/2009/05/westpac-says/comment-page-1/#comment-1147 Avalon Fri, 17 Jul 2009 12:08:29 +0000 http://www.avalonsguide.com/anab/?p=756#comment-1147 With all due respect - you are an idiot and maybe you should read the post before being rude and obnoxious :) There is no reason for any bank to insist on a second account. This is purely a result of the New Zealand banking system being antiquated, and Kiwis not understaning that they are being diddled :) I also have a business manager looking after me - one who apprently understands investment property - though as with many people that seems to be moving target :) Banks in countries other than NZ can and do manage perfectly well handling interest payments from other banks. I am perfectly capable of working out the interest thanks - it is Westpac who cant. Given that they are too backward to take direct debits - and they insist on standing orders (you understand the difference I take it?) they should indeed work out a standard monthly payment. You may also be interested to know that the mortage was organised through a mortgage broker. Please do not make assumption - it makes you look stupid :) The difference in interest payments from month month will depend on both the interest rate and the amount of the mortgage, and is often not a negligible amount. Again - please do not make assumptions, or assign your own life experience to me or to other people. It again makes you look a bit stupid :) With all due respect – you are an idiot and maybe you should read the post before being rude and obnoxious :)

There is no reason for any bank to insist on a second account. This is purely a result of the New Zealand banking system being antiquated, and Kiwis not understaning that they are being diddled :)

I also have a business manager looking after me – one who apprently understands investment property – though as with many people that seems to be moving target :)

Banks in countries other than NZ can and do manage perfectly well handling interest payments from other banks. I am perfectly capable of working out the interest thanks – it is Westpac who cant. Given that they are too backward to take direct debits – and they insist on standing orders (you understand the difference I take it?) they should indeed work out a standard monthly payment.

You may also be interested to know that the mortage was organised through a mortgage broker. Please do not make assumption – it makes you look stupid :)

The difference in interest payments from month month will depend on both the interest rate and the amount of the mortgage, and is often not a negligible amount. Again – please do not make assumptions, or assign your own life experience to me or to other people. It again makes you look a bit stupid :)

]]> By: James http://www.avalonsguide.com/anab/2009/05/westpac-says/comment-page-1/#comment-1142 James Fri, 17 Jul 2009 08:58:21 +0000 http://www.avalonsguide.com/anab/?p=756#comment-1142 You're joking right? What a load of whinging b...s..t. You have a mortgage with them, not a tiny little hire purchase. If you can't work out that calendar monthly payments mean you are only charged interest actually owed month to month on a daily basis then get some advice. They open a personal cheque account so they can ID you and deduct from that account. The difference month to month is negligible. As to internet access, insist on a business banker looking after you as you are obviously self employed. If all else fails next time use a mortgage broker and get it done properly! Cheers You’re joking right? What a load of whinging b…s..t. You have a mortgage with them, not a tiny little hire purchase. If you can’t work out that calendar monthly payments mean you are only charged interest actually owed month to month on a daily basis then get some advice. They open a personal cheque account so they can ID you and deduct from that account. The difference month to month is negligible.

As to internet access, insist on a business banker looking after you as you are obviously self employed.

If all else fails next time use a mortgage broker and get it done properly!
Cheers

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