By consumerist.com January 17, 2008

When 5/3 Bank acquired another bank, a computer glitch in the records merging splooged incorrect information into thousands of customer accounts, in some cases totally fudging up their credit reports and credit histories. The bank says it’s fixed everything but one customer says that’s not true and lost three loans due to the errors. [Orlando Sentinel via U.S. PIRG Consumer Blog]

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Comments

  1. beavis88 says:
    January 17, 2008 at 5:45 pm

    +1 for creative and amusing usage of “splooged”

  2. Kos says:
    January 17, 2008 at 6:06 pm

    Now there’s a lawsuit if I ever saw one.

  3. catcherintheeye says:
    January 17, 2008 at 6:25 pm

    @beavis88: You beat me to it – the whole reason I even wanted to comment.

  4. Buran says:
    January 17, 2008 at 7:46 pm

    @Kos: And an EECB.

  5. MonsieurBon says:
    January 17, 2008 at 8:43 pm

    This is why I won’t bank at places with doofy names. Now where’s my Ninth Forty-Second Bank checkbook?

  6. bilge says:
    January 17, 2008 at 11:30 pm

    financial bukkake

  7. aaronk says:
    January 18, 2008 at 5:24 pm

    Great, because they just bought First Horizon branches/accounts in Georgia!