HSBC Horror Stories

JO in South Carolina said: “I was a HFC/Beneficial Manager for 10 years. I was forced to take a demotion in Jan 2008, I closed 1 Branch in SC due to optimzition and was FIRED on Thursday of last week for supposedly a “Time Entry Error”. My DSM walked into my branch […]

CD in Minnesota said : “I worked for Beneficial Household Inc. for 8 years. I worked hard for them but they were never satisfied and because I would not do a lot of the things they required. They demoted me. They are the most corrupt people. Bill Aldinger is one of the […]

MJ in South dakota said: “I work for HSBC. I have gone all over the world training individuals on the practices of HSBC. I am ashamed of myself, HSBC is nothing more than “Predatory Lenders”. I have seen practices that would make a person ill… They should be ashamed, and probably would be if […]

KP in Colorado said: “Well, I never thought I’d be posting here, but here I go. I was terminated Friday after my DSM and HRM called me into the conference room in the office where I have been a BSM for 3 yrs. Why? I was told I was undermining the DSM’s […]

A person in Indiana said: “I am a current employee of HSBC/Beneficial. I have been there for 11 yrs. I have tried to quit, but with the market being so bad, there is nowhere to go. My BSM recently strong armed a fellow AE into putting an elderly couple into a 40 […]

DR in Virginia said: ” I have worked for HSBC Finance/Household Finance/Beneficial Finance for some time now. I have managed multiple Branch Offices and shared great success as an employee of this Company. In the time I have been with the Company, I have had first hand accounts that the culture in […]

BT in Arizona said: “I’m a former long term employee and manager with HSBC (HFC/Bene). Talked to current DSM friend who confirmed rumors of 80+ additional HFC/Bene retail branches to close by end of June. Where and exactly when is closely guarded, however the spin is sure to be ‘optimization’ in this current tough […]

JA in New Jersey said: “Well Where Do I Start with the many issues at BENEFICIAL? My Heart is heavy and I feel like I gained 20 years for working just 2 yrs at beneficial. I am ashamed and guilty of doing what was told of me to do when I […]