ET in Indiana said: “I became disabled and lost my job. With mounting stress and depression, I attempted suicide. After recovery, I called and talked to various lenders and companies that I had accounts with.
Archive for the Category »Hardship Issues «
Category: Hardship Issues
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TA in Massachusetts said: “I obtained a mortgage from Beneficial, a subsidiary of HSBC, in August 2006 for 100% of the purchase price of a new townhouse. I had the income to sustain the mortgage payments, but not the savings for a down payment due to a divorce. I made my payments diligently until late 2008 at which time I took a small paycut.
Category: Hardship Issues
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LC in Arizona said: “I have an HFC home loan. Just had the interest lowered for 6 months, ok, fine. I had a personal loan from them 2 years ago, before this real estate madness got really bad. I haven’t been able to keep up the payments and no cash, 401-k, stock to handle it. Took a hit in pay a year ago. Now HFC is garnishing $300 per pay check. I don’t even have enough to make the HFC mortgage any longer, and HSBC wont work with me. As it is now, I could make more on un-employment insurance. And I am thinking of leaving my job of 14 years due to this. Or bankruptcy.”
Category: Hardship Issues
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PL in New York said: “HSBC FACELESS AND HEARTLESS BANK
I am in 100% agreement with the article that the CEO drinks his own COOl AID. For the last 3 years I have been strugling with them to get my Adjustable Mortgage modified (A mortgage that I did not make with them but because of their greed they acquired from another company). Since my rate started adjusting I was faced with a life threatening illness ended disabled, jobless for 6 months and ended up with 50% of my previous income.
Category: Hardship Issues
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MB in Indiana said: “I am writing this letter in regards to a second mortgage I was given by Beneficial HSBC Group in 2007. At that time I was a homeowner and I was going through a divorce. I was in need of a loan to cover some expenses that I was incurring at that time. I went to Beneficial and requested a loan in the amount of $5,000.
Category: Foreclosure Issues, Hardship Issues
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