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Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
In the 1990's it was identified by 4 Corners, investigated and proven true that the banks ALL charged their clients interest and fees based on 31 days per month-every month.
At that time the banks explained it as a "computer glitch", but one which they assured everyone they would reimburse everyone effected. IT DIDNT HAPPEN!
Unless the public purchased a software package that include a template letter addressed to "a bank" and the figures provided by the software, which was never queried by the bank and paid immediately .However if "you" didn't claim you got nothing.
That same 31 days a month program of interest still runs today 20 years later. Every personal loan, overdraft, mortgage, credit card is still bveing ripped off. Has this been mentioned in the Royal Commission. Plenty of eveidence available.