Liberty Bank Credit Problems
I wanted to update everyone that we are still around after 10+ months after refinancing away from Liberty Bank. We have dealt with several different lenders and purchases since last year and we are so happy to be on a great road to financial success.
Leaving Liberty Bank for almost $8000 out of our pocket was one of the best financial decisions we ever made. It hurt us initially but we are now able to focus on more important things than if Liberty Bank is charging us the right amount of interest because it seemed to change each month.
One thing that would really help though with our latest purchase is if we could get Liberty Bank to finally stop reporting that we have an open 2nd mortgage on our credit from them. I think it is amazingly stupid and ridiculous that we might have to call them again after all this time (10+ months) and tell them to update their records. I have a hard time believing that the Credit Reporting Bureaus are completely responsible for updating our records after all the lost paperwork and sensitive information Liberty Bank has lost of ours. I think that most of this problem is still Liberty Bank’s.
Identity Theft note: Hopefully we don’t have to worry about someone stealing our identity because I doubt that everything getting lost over there is getting shredded. For those of you who don’t know what to look for here are some tips on preventing identity theft and what to watch out for with your bank and your personal habits.
Well maybe I’m overreacting. $30,000 of maxed out credit on my credit score has to be good for it. It should help me get some of the best rates and loans for cars, credit cards, houses. It is just hard to completely separate myself from them when they won’t let go of my credit after so long.
I probably just need to call the credit bureaus and make them start the investigation. Then at least they get to deal with Liberty Bank and not me.
Let me know if you have had similar experiences with Liberty Bank or any other bank by commenting on this post or by emailing nightmare@libertybankstory.com.
Liberty Bank on 07 May 2008 at 11:47 pm #
Thank you for giving Liberty Bank that information. Liberty Bank has replied to your concern with documentation, noting that the Bank had closed both active accounts in July, 2007. Please refer to the attachments that were mailed to you. The attachments will attest to the fact that Liberty Bank is, in fact, reporting correctly that both of your accounts were closed in July 2007 and that the issue will need to be addressed with the credit reporting agencies.
Your opinion is, and always be, an opinion, but please address the facts in accusations.
Liberty Bank Ex-Customer on 08 May 2008 at 1:08 am #
Thank you Liberty Bank for your comments.
Our post is current and we have spoken with your Director about this credit problem. As of last month we still had a 2nd mortgage open on our credit for $28,000. The credit bureaus still see this as an open line of credit almost maxed out.
This has not been addressed to my knowledge by your bank and it does hurt our credit and ability to refinance and obtain credit. If you wish to look into this again before you comment further that would be most appreciated.
Yours truly,
Liberty Bank Ex-Customer