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Archive for the Category »Auto Loan Issues «

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.

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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.

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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.

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RT in Missouri said: “On 08/05/09 I called HSBC auto to cancel a postdated check they were holding, because the representative said that this was an option. I confirmed with the rep 3 times during the conversation that the payment was cancelled and would not be processed. On 08/21/09 this payment hit my bank causing 5 over draft fees and 3 returned checks, 1 not being HSBC’s payment. For 3 days I have been trying to get them to reverse the payment and am getting the runaround. In the meantime I am left to try and cover these fees and have no money. I need help”

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JS in Tennessee said: “I financed 2 bikes in 2006 with HSBC and have had all the same problems as the rest of you, but when I told HSBC I would not play their game the guy on the phone told me they would hurt me if i didnt pay!

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