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Archive for the Category »Opinion «

TR in Vermont said: “I got my credit cut two days ago by HSBC, from $3000 to $320. Fortunately, I had an email notification that triggered when I came within $300 of my credit limit, and got it within hours.

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NW in Virginia said: “Predatory lending? My HSBC loan is horrible, the interest continues to accumulate! I have had the loan since 2003 and still have 70 percent balance. To top that, if I were to pay the balance today — I would have to add an additional $2000! Just terrible…..”

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VH in Ohio said: “I am a very happy HSBC employee. I am sure there are many more out there. Does anyone else notice how many of these “complaints” have the words spelled wrong? Just makes you wonder….”

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JS in Oregon said: “I too have been a victem of HSBC’s unprofessional handling of my loan. They simply “lost” a loan payment and put a 30 day late on my credit which cost me a low rate conventional refinance. They corrected the problem too late for me to get a decent loan. I figured out the ultimate way to get back at them. You can do the same if you have a second mortgage.

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RN in Minnesota sent the following analysis: “I tried to open a HSBC direct savings account for $25,000.00 On July 1st I filled out an application online and submitted it. On July 8 two small deposits were made to may account by HSBC. I received an email on July 10th from them which contained a new account application number, and a link to verify the deposits. When I clicked the link and asked to verify my deposits after entering my Name, Social security number and Date of birth. Upon submission of this information I was informed that my application was not available.

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