Does this seem strange to you, or is it another case of regulators sleeping at their desks?
From February 2005: more…
Archive for the Category »Stop Abuse 2009 «
The days of credit card abuse may be numbered, putting extreme pressure on what remains of HSBC Finance and HSBC’s credit card business.
Category: Stop Abuse 2009
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Debt cancellation really insures the store, not the consumer, who is generally dead at the rare times the policy is invoked. The store gets paid, even when the consumer is no longer in a position to care. As with credit insurance, consumers should always decline the product, says consumer advocate Birny Birnbaum, from the Center for Economic Justice.
Category: Stop Abuse 2009
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HSBC requires binding arbitration, thus many customers think HSBC abuses customers and the system to generate more profits. When the cost of arbitration far exceeds late fees HSBC thinks they have an air-tight case.
Category: Stop Abuse 2009
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When is a paid off account not really paid off? When it is an HSBC account. Part two of this bad joke: When is a closed account not really a closed account? You probably already guessed the answer - When it is an HSBC account!
Category: Stop Abuse 2009
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