Saturday, August 30, 2014
Inquirer Daily News

Savings and moan

DEAR HARRY: Upon turning 18 at the end of the year, my daughter went to a savings and loan and tried to open an account. They told her there was a problem with her Social Security number and they could not open an account or get her a credit card, even with me as guarantor. SS told her that they had no problem with her number. The S&L told her that they needed verification from SS that the number was hers. They refused to tell her what the problem was. She then went to and learned that the problem was her address. The S&L people told her that a credit report from one of the big agencies would help. But she had no credit, so that failed. There has to be some way to get to the bottom of this Catch 22.

WHAT HARRY SAYS: You need someone to intervene on her behalf. There's a goof-up somewhere in the info that the S&L has. It does not appear to me that it's her address. This is an election year, and your member of Congress needs every vote he or she can get, so present your daughter's case. I hope it's not a case of identity theft, which would be a terrible way to start her financial life.


Email Harry Gross at

Harry Gross Daily News Personal Finance Columnist
Also on
Stay Connected