bank error in their favor

Bank Of America Alerts Me To ATM Fraud, Then Decides I Did It Myself

Bank Of America Alerts Me To ATM Fraud, Then Decides I Did It Myself

Consumerist reader Frank recently wrote to Bank of America — copying us — on behalf of his girlfriend. Seems that BofA was conscientious enough to not only notify her of suspicious activity on her debit card, but also to credit her account for the fraudulent ATM withdrawals… Only to take it all back a week later. [More]

Why Did Bank Of America Take Money From My Personal Account To Pay My Business Debt?

Why Did Bank Of America Take Money From My Personal Account To Pay My Business Debt?

Consumerist reader Chris wrote in because Bank of America somehow decided that the best way to get money from his father’s business was to simply take it from his parents’ joint bank account. [More]

Bank of America Forecloses On, Then Auctions Off, Home With Paid-Up Mortgage

Bank of America Forecloses On, Then Auctions Off, Home With Paid-Up Mortgage

Imagine that you’re a homeowner who has managed to stay current on all your mortgage payments. And then you find out that the bank has not only foreclosed on your house, but they’ve also sold it at auction. That’s exactly what happened to to a couple in Georgia. [More]

Wachovia Hassles My Dad Because They Mistakenly Think My Loan Is In Default

Wachovia Hassles My Dad Because They Mistakenly Think My Loan Is In Default

Consumerist reader Jake got a big scare a few weeks back when his father called to let him know he’d been contacted by Wachovia. The bank told Jake’s dad that not only was Jake’s law school loan in default, but that, as a co-signer, he was responsible for paying $11,750 immediately. Two problems with that: 1) The loan wasn’t in default. 2) Jacob’s dad wasn’t a co-signer. [More]