How to Fix Government Bank Errors

Bank errors are a serious problem that can lower credit scores or even result in home foreclosures. The bank's coding puts in the wrong code for an individual, resulting in an error. When there are errors caused by the bank, fixing the problem is a necessary part of keeping a home or credit score.

Instructions

1

Contact the government bank and inform them of the problem. In many cases, the problem is technical in nature, resulting in an error due to an inaccurate computer code. If a credit report shows an error or if there is a notice sent due to an error, inform the bank immediately of the mistake.

2

Give the bank proof of the error. Proof might include any contracts with the bank, receipts from payments or even past credit reports, if there are regular credit reports available. Only give the bank copies and keep the originals.

3

File a complaint with the state attorney general and federal banking regulators. If the bank does not fix the error, getting the attorney general or getting banking regulators involved will usually fix the problem. Show the regulators or the attorney general the proof of the error and allow them to work on the problem. Bank errors are most commonly small mistakes in code or inputting data into the system.