HL in Maryland said: “My girlfriend and I went and applied for a $7500 fixed motorcycle loan at Cycle World in Glen Burnie Maryland, May 6, 2006. after 16 months of payments I was concerned about my payments, the balance didn’t seem correct. I had paid $4000.00 in payments in 16 months and my balance only deducted a couple hundred dollars. I called HSBC to find out what the problem was and was told I was paying on the interest.
Archive for the Category »Auto Loan Issues «
JS, state not specified, said “1st Complaint : HSBC Auto Took unauthorized money out of my account over-drafting the account. They later put the unauthorized amount back.
GP in Florida said: “My daughter paid some payments over the phone for an auto loan she was behind in, and was told everything was fine, but for some reason HSBC never withdrew the funds from the account. While she was waiting on HSBC to withdraw the funds, HSBC had her car towed.
Dave in Washington said: “I am one of the many unfortunate people that are victims to our economy. My unemployment insurance is on hold because my school did not report to the state that I was a student and part of the worker-retraining program. Because I have no income, I have not been able to pay my full car payment. My parents have been able to help, but HSBC doesn’t care that I can only pay a portion of my payment.
Debbie in Missouri said: “I financed my car with HSBC in 2007. In April of 2008 I was a approved to refinance through my bank at a MUCH lower rate, however the loan was not able to be processed because the car title did not list HSBC as the lien holder.

