[GNC] Canadian Mortgage

[David Carlson]

If there is a way (and there definitely is) to congregate between two cents
and six cents of rounding losses per account times millions of accounts per
year, count on bankers to find it.

On Mon, Jan 31, 2022 at 3:56 AM Liz <edodd at billiau.net> wrote:

> On Sun, 30 Jan 2022 21:40:37 -0500
> Al Maloney <aosdana at gmail.com> wrote:
>
> > Thanks.
> > What you say about formulae and bank practice makes sense to me.
> > Your advice says to me: "Don't sweat the small stuff".
>
> Some years ago, in Australia a number of people took to the courts to
> get the banks to recalculate their mortgages according to the contracts.
> I can't find an online reference in a 2 minute search, but before the
> days of a powerful home computer the calculations were beyond most
> people.
> Of course, you only need to take a couple of cents extra each month to
> make a worthwhile profit, and that is hard to find.
>
> While I agree, don't sweat the small stuff, there are those who are
> hoping you won't notice a little bit often.
>
> Liz
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-- 
David Carlson