terrors via credit reports
Even in the financial world, it's difficult to
rise from the dead. Two of our readers tell their stories of a fiscal
I didn't know my husband was
dead -- neither did he
My husband and I decided to refinance our home. When the bank pulled
our record, they found a slight irregularity.
Come to find out, my husband was "deceased."
I was a widow -- had been for almost two years. The man whose bed
I had shared every night for fourteen years apparently had been
dead for the last two of those years, but somehow, I never noticed.
Nobody had ever bothered to tell my husband he was
dead, so he just kept as if he were still alive. He had two credit
cards in his name, and he kept paying on them as agreed even though
he was dead. Same with the mortgage. He kept going to work everyday,
and his company kept paying him as if he were really alive and punching
the ole' time clock.
The bank was, oddly enough, still willing to refinance
the mortgage, but it required that I be named primary mortgagor
since -- unlike my husband -- I was still alive, and the credit
bureaus knew that.
By the way, I threw a big wake for my husband once
I discovered my loss. I decorated the house in black crepe paper
and placed his tombstone on the walkway leading up to the house.
We had a cake made in the shape of a coffin especially for the occasion.
About 20 of our best friends and family were invited. They all brought
dead flowers to place at the tombstone in the front yard. I gave
the eulogy and my husband was given five minutes for rebuttal.
The next day, we contacted the credit company and
informed them that they had made a "wee, small error"
in my dear husband's credit report.
The bank killed my mother
My 69-year-old mother received a notice of a bounced check. She
keeps an eagle eye on her account and knew that she had enough money
in the account. After consulting with the bank's bookkeepers, we
finally figured out what had happened.
The bank had sent her Social Security check back to
the government because apparently someone with the same name as
my mother's in a little town 20 miles away had died.
It took three months to straighten everything out.