This menu shows you other areas of this website and various areas of interest. It is a quick locator.
You are currently in a library. This takes you to the top level of Household - HSBC Watch consumer advocates and watchdogs
This takes you to the complaints library and all recent complaints about HSBC, HFC, Beneficial Finance, and their merchants since 2007
Monitor the latest news about HSBC Plc, HSBC USA, the bank and HSBC Finance Corp from around the world in this watchdog area
See articles, stories, and complaints about HSBC and Household International since 2005 in this interactive library
Send your complaint to our watchdogs where we perform trend analysis and need your help. Complaints are noted by type and processed
Get help with this one-click form just by entering your zip code in this form. You can even contact the media
You're browsing: Complaints » Auto Loan Issues, General Issues » Article Title: Truck financed with BofA until HSBC bought the paper

MS in Pennsylvania said: “We had an ATV loan a while back and after dealing with these idiots, we swore never again. Fast forward to now, some 5 years later. After trading my truck for another,they were gonna finance me with different banks. I went with a higher interest rate with Bank of America to avoid having to deal with HSBC. Within a week after signing and driving home, I recieved a letter from HSBC saying they bough the loan contract. This shouldn’t be legal! I mean, you don’t order steak and have them tell you that you must eat the fish! I became ill and had surgery this year. And just as I expected, they refused all and any attempts by myself to keep the truck and work out smaller (interest) payments until I returned to work. Not only did they refuse these options, they also started nailing me with late fees. They took an $18000 truck and sold it at auction for $11000, and now they want me to eat the loss? They’ll have to chase me to the grave before they see one red cent!

All they needed to do was work with and instead made my recovery a living hell! I’d say stay away if you can, but like in my case, I stayed away and was forced back into them with no say!”

Related posts:

  1. HSBC Financed junk car with no title
  2. What is wrong with HSBC fax numbers? No paper? ..maybe
  3. HSBC Auto consistently posts payments one day late
  4. HSBC auto loan fee structure questioned
  5. HSBC takes 18 months to recognize auto loan disability insurance

   Digg   Del.icio.us   StumbleUpon   Reddit   RSS  

Find specific results on any of our sites: Category: Auto Loan Issues, General Issues
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply

You must be logged in to post a comment.