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GM card rejects transactions to terminate low profit customers

GM in Connecticutt said “I have been a HSBC GM Card holder for fifteen years with a $16,000 credit line. I pay my card in full each month, and have a 800 FICO score. Since November 2008, HSBC has rejected transactions on my card three times with no prior warning. The first […]

HSBC attacks 86-year old customer, gives no help

LB in Texas said: “I am fed up with HSBC and their stupid tactics to make the elderly pay for not being as quick and swift as our younger counterparts. I am 86 years old and I remember opening up an account with HSBC back in 1994. I remember only purchasing one thing, […]

HSBC takes Harley motorcycle for 10 year old loan

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 […]

GM card rate increase from 7 percent to 30 percent

DY in New York said: “I’ve been a GMCARD (HSBC) customer for 8 years and had a nice 7.9% interest rate on my credit card, but after being late 1 day while I was in the hospital they raised my rate to 30.99%. I called and they refused to even consider lowering it, […]

HSBC auto loan extension and daily interest nightmare

FP in Illinois said: “I received a car loan from HSBC in 2002. Amongst other problems I’ve had with them, I am currently disputing an incorrect payoff amount on my car loan. I have been paying for my vehicle for six years. My last payment should have been September of this […]

HSBC collection account adds late and overlimit fees

BD in Colorado said: “Had an HSBC Orchard Bank account for two years. I called to close it last December because I no longer needed it. Balance was about $400. I mailed payments in but HSBC claimed my payments didn’t get there in time and charged late and over limit fees […]

Carmel Holdings and HSBC wins judgement against identity theft victim

RF in Illinois said: “I had an account for 8 years with HSBC. In August of 2007 I stopped receiving statements from them. I contacted them when I realized that the statements had stopped. When I tried to access my account they told me that I could not because I did not have the […]

Man did not know he was an HSBC co-signer

JT in california said: “Back in may 2005 I went into a motorcycle dealership with a family memeber. He did not qualify for the loan amount and needed a co-signer. We went in there and got the bike he wanted. Flash forward to 2008 and now I’m stuck with the bill. My cousin was killed […]