Let us test your loan statements

Last Saturday, the Weekend Herald revealed that banks may be miscalculating interest on customers' loans.

Australian tests through a special computer package had found errors in 54 per cent of 600 statements tested - and all but 15 per cent of those were in the bank's favour.

Now, the Herald is offering you the chance to put your statement to the test through the same software. Send us your loan/mortgage statements - preferably for a 12-month period - and include notices from your bank of interest rate changes (if you have them).

mathew_dearnaley@herald.co.nz or simon_collins@herald.co.nz

By fax: 09 373-6421

By letter: PO Box 3290, Auckland