posted on Feb, 14 2012 @ 05:58 PM
For the past 3 years, Bank of America has been telling credit agencies that Arthur Livingston is dead. The trouble is, he's not. In October, South
Carolina resident Arthur Livingston was surprised to learn that his bank thought he was deceased -- and had been since May 2009. But three months
later, despite having contacted Bank of America multiple times, he's more than a little frustrated.
It might be funny -- as Livingston's friends originally thought -- were it not for the fact that the error has put his life in limbo.
Because of the reporting error, Livingston and his wife can't get the loan they need to start building their family's new home. And despite the fact
that he has two checking accounts, a savings account and two college savings accounts for his children at Bank of America, as well as a credit card --
which he pays off every month -- Livingston isn't benefiting from these good-credit deeds.
The problem seems to have originated in May 2009, when the Prosperity, S.C., resident sold his prior home. At that time, the bank began reporting him
as deceased to the three major credit reporting agencies, according to ABC News. Now, Livingston's credit report reads "file not scored because
subject is deceased.
Talk about a mistake! What the heck was Bank of America thinking? This man had been paying on a credit card account, maintaining his accounts,
saving his money and using his money and this was the answer he got when he tried to resolve the issue:
"I went to Bank of America, I brought this to their attention, and we're working on 100 days now with no resolution," Livingston told WIS-TV.
Initially, the bank told him it would take 30 days to resolve, but despite the media attention, Livingston is still not officially "living."
I don't know how he's maintaining his sanity, because I would definitely be more than frustrated if this were me. Not to mention he's been patiently
waiting over 100 days to get his life on track and in the meantime B of A is just screwing him harder making his life difficult. I smell a lawsuit...a
huge one and I hope he sues the pants off B of A.
It's scary to think that a bank of this magnitude or any bank for that matter would continue to take your money and allow accounts to be maintained
after declaring a customer deceased. I mean when does logic set in? When does someone at the bank say "hey guys, this person has been declared
deceased by us....so why are all these accounts still open and in use"?
Some would say this is an example of why we should monitor our credit. Baaaaahhhhh, please, no Bank should be making a mistake like this and I
shouldn't have to pay one crook just to tell me what the other crooks are doing. This is bananas!
This is just another example of why I don't screw around with these crooks. Banks are not trustworthy anymore. Besides, I'd rather trust my money to
my dogs before I put it into their hands.
edit on 2/14/12 by ThePublicEnemyNo1 because: (no reason given)