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Archive for » 2008 «

TB in Rhode Island sends this suggestion: “There’s no doubt that HSBC is in blatant violation of both State, and Federal harassment laws. Keeping logs of all incoming calls is too time consuming, and frankly, doesn’t stop the calls. I have therefore taken a measure that worked for me, and if enough VICTIMS of this sort of harassment do the same, will probably end these NAZI tactics.

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BK in Michigan said: “My husband had a old loan from Household. We defaulted on it. The loan was 10 years old. Just this Monday, the 29th of December 2008, without any court notice HSBC came and took our 2007 Harley motorcyle as property for this loan. HSBC wanted anything of value – even his truck. They did not garnish his check or anything. HSBC just came and got the motorcyle, so we are going to fight them tooth and nail over this. It might be worth loosing everything just so they can’t keep this motorcycle.”

JS in Maryland said: “The saga ends with the Financial Regulation Office finding HSBC did not violate any laws. The big guys won. Does that surprize anyone? Foreclosure is on January 9th, and there is no way HSBC will get come out even or ahead. If they sell the house and get less than what the mortgage is they will come to us for the difference, however, they can’t get blood from a stone. Our only source of income is our social security.”

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PG in Florida said: “I am a disabled Veteran, and HFC has been sucking our blood for so long that I can not bleed anymore. Like the rest of honest folks out there, you work to the bones and aquired the American dreams so the greedy banks can squander billions and give us grief. I have a good job after my career in the military, work hard and pay my bills on time for 30+ years, then suddenly in 2004 I have a heart attack, and this is where everything I worked hard for starting to crumble.

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JM in Illinois said: “I have had a GM Card for over 10 years. I’ve never made a late payment. My credit is excellent. My account is active, i.e. I have current charges on my GM Card to be paid in January 2009. My credit limit during all that time has been $3,500 which was sufficient. Just yesterday I received an unfriendly letter in the mail from HSBC which reads:

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