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Archive for the Category »Watchdog Issues «

DB in New York said: “I see that I am not the only one to have HSBC go into my bank account and withdraw money illegally. On 1/28/09 HSBC went in to my bank account and took out every penny in my account. The amount they took was $2,700.00 dollars. There was no authorization given to them by me. Now all my normal withdrawls such as homeowners insurance and car insurance have bounced. Not only does it make me mad that they can do this without any recourse but knowing that my bank lets them do it really ticks me off. Now my bank account has a negative $1,000 dollar balance and I’m going to be paying that off for months. What makes me even more angry is that the American government allows them to do this to people. My guess would be that HSBC gives a lot of money to the two parties.”

NL in New York said: “I’m so glad to find this site. I don’t know if anyone out there can help but this is what HSBC did to us.

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JT in North Dakota said: “Be careful when paying your credit card bill online. I had a balance of only $2. The system would not allow me to pay that small of an amount online. I used their electronic messaging system to get clarification. I was not allowed to pay an overage to meet the minimum allowed on the website. By the time my issue was actually addressed, I was assessed a late charge. Additionally, my interest rate was increased to 25.49%. HSBC is as close to evil as a credit card company gets.”

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VF in Pennsylvania said: “Just wanted to say I’m another victum of this FFPM and HSBC. I go to court on 1/08/09. Wish me luck. I have no money, and I am just trying to live payday to payday. That’s very hard to do when everything is going up.”

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We received this comlpaint today. It echoes waht has been said for years, but violations of the FDCPA continue unabated: “HSBC calls me all the time throughout the day and evening 7 days a week. I am tired of this. This needs to stop. The number is 800-395-2274 with caller ID as Unknown.”