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Bank of America Botched Unemployment Payments During Pandemic

Bank of America Botched Unemployment Payments During Pandemic

Today, the Consumer Financial Protection Bureau (CFPB) fined Bank of America $100 million for botching the disbursement of state unemployment benefits at the height of the pandemic. Bank of America automatically and unlawfully froze people’s accounts with a faulty fraud detection program, and then gave them little recourse when there was, in fact, no fraud. …

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Here’s How a Virtual Credit Card Can Protect Your Credit

Typing your credit card number when making an online purchase can be a nerve-wracking experience. What if a hacker is “watching” and is able to obtain your personal financial information? Luckily, a product called a “virtual credit card” has been developed to help out in these situations. Here’s how a virtual credit card can help protect …

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BANK OF AMERICA, NATIONAL ASSOCIATION – CFPB Complaint ID 3105224

Consumer Complaint Submission

Date Received: 2018-12-19T00:00:00.000 Product: Credit card debt Issue: Attempts to collect debt not owed Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: Bank of America says I have ” residual interest due ” even though I paid the account on time, by the due date, in full. How is that possible? Although the …

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BANK OF AMERICA, NATIONAL ASSOCIATION – CFPB Complaint ID 3086862

Consumer Complaint Submission

Date Received: 2018-11-29T00:00:00 Product: Mortgage debt Issue: Attempts to collect debt not owed Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: OWR NOTICE OF ERROR 524 Injunction : Bank of America per the enclosed exhibits did not adjust my mortgage on the agreed date to be compliant with the court order reaffirmation agreement. …

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BANK OF AMERICA, NATIONAL ASSOCIATION – CFPB Complaint ID 3070929

Consumer Complaint Submission

Date Received: 2018-11-09T00:00:00 Product: I do not know Issue: Attempts to collect debt not owed Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: I received a call from XXXX XXXX XXXX ( XXXX ) XXXX about an unpaid debt and was threatened with litigation. When I tried it to get the details of …

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BANK OF AMERICA, NATIONAL ASSOCIATION – CFPB Complaint ID 3061542

Consumer Complaint Submission

Date Received: 2018-10-31T00:00:00 Product: Credit card debt Issue: Attempts to collect debt not owed Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: Bank of America checking account says I owe XXXX Im not aware of. Says something dealing with a fraud but they say I have to pay. Im trying to open account …

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BANK OF AMERICA, NATIONAL ASSOCIATION – CFPB Complaint ID 3062950

Consumer Complaint Submission

Date Received: 2018-11-01T00:00:00 Product: Other debt Issue: Communication tactics Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: This company has called my father-in-law and us repeatedly stating that we owe a debt from an overdrawn Bank of America account ( which we never had ). They leave threatening messages and were extremely abusive …

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BANK OF AMERICA, NATIONAL ASSOCIATION – CFPB Complaint ID 3056675

Consumer Complaint Submission

Date Received: 2018-10-25T00:00:00 Product: Mortgage debt Issue: Attempts to collect debt not owed Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: 524 Injunction : Bank of America per the enclosed exhibits did not adjust my mortgage on the agreed date to be compliant with the court order reaffirmation agreement. BAC kept sending me …

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