As a follow-on to a previous article let’s review Beneficial Finance before Household International and William F. Aldinger. Many people sent emails over the years telling us what a good company it once was. Beneficial Finance was also – at one time long ago – a fair and honest friend of the U.S. Military.

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A former HSBC employee from Virginia sent this information: “I too have an HFC mortgage which I obtained while an employee of HSBC. I was quoted a payment over almost $2000, not including taxes and insurance which I knew I could not afford long term but signed as they told me I would have an in-house score and if payments were made on time would be able to refi at a lower than 9.75% rate in one year.

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What follows is an unsolicited editorial. I will not give the initials of the sender: “I am glad your site continues as the main watchdog against HSBC!
You have published many of our issues and of course they were drummed out of the USA!

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CF in Connecticut said: “Need some help from any former employee willing to talk. Currently in court engaged in a law suit against HSBC. We won a small victory against them in the fact their attempts to block my counter claim for violation of TILA and RESPA failed, and the judge accepted the papers and claims. Semper Fi.”

Does HSBC owe ou money now that you left the company? As HSBC closes the doors on HSBC Finance Corp, this person has not received any oney:

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