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Archive for the 'Interest Free Issues' Category

Did Best Buy customer miss HSBC alert?

CT in California said: “Purchased a refrigerator about one year ago with the differed interest plan and made monthly payments. Somehow on my July 08 invoice, I missed an alert that said: ‘To avoid deferred finance charges, pay your promotion payoff of $ by xx/xx/…’

Well, I did not pay the payoff amount […]

HSBC duplicity with Helzberg Diamonds goes to attorney general

A.L. in Kansas said: “In feburary of last year, i bought a wedding ring at helzberg diamonds for my girlfriend. It was on a one year interest free payment plan. this feb the offer was ending. i received my bill the end of january, with a due date of feb 16th. On […]

Customer seeks way to get back at HSBC

DM in VIrginia said: “I paid off my Best Buy promotion balance before the date on my Nov 07 statement (the one that says, “pay by this date or you will have to pay full interest”). Now I am getting harassed, saying that I didn’t pay it off by the required date […]

10 cent balance - Lumber Liquidators and HSBC tricks

KO in Texas said: “I opened an account with Lumber Liquidators (under HSBC) in August 2007 with a promo rate through Feb 2008. In January 2008, my statement showed full payment was due by Feb 7 or I would owe an additional $800 of deferred finance charges.

I knew that I was going […]

Montana Herbergers customer mad at HSBC

KS in Montana said: “I was told at Herbergers I could buy a $100 item with no interest for 4 months. In 6 weeks I received a notice that I was “late”..I figured the computer had screwed up…but sent in my $100 anyway…didn’t want a hassle. They said I owed “interest”…How? […]

No electronic statements from HSBC but late fees applied

PM in Florida said: “I have a HSBC Best Buy Card and signed up for electronic statements which I still have to receive. Back in November when i realized they did send my nov statement i went on the web site and my payment was a day late. They would not waive […]

HSBC still posting payments one day late says Texan

NG in Texas said: “I received the last statement for my “BEST BUY” account on 12-10-2007 and mailed the total amount due on 12-18-07 since this was my last ‘interest free’ month. This check did not clear my account until 1-2-08 so I attempted to call HSBC to find out what was going on. […]

HSBC and Best Buy Deferred Interest Called Misleading

The Lawyers and Settlements website has a great article worth reading if you plan on using your Best Buy card for any interest free promotion this holiday season. Here is an excerpt:

“…When the statement came in, he noted the payment due date of June 15, 2007 indicated beside the balance, and made his Best […]



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