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HSBC increases credit card rates effective January 2009

RM said this about HSBC credit cards: “Looks like Black November for HSBC card holders. On Nov 13 2008 I also received a change of terms stating that my rate was going to increase from 8.24 to 14.99 effective Jan 2009. I have never been late on a payment on any debt in […]

HSBC customer declares bankruptcy

RW in Florida said: “I had a lot of problems with HSBC and/or the other companies in HSBC crooked billing procedures. I am from London England and now live in Florida. I came to the point that I have had enough of HSBC and such. I solved all my problems with the crooked buggers […]

My mom was abused by HSBC

MC in Lousianna said: “My mother remortgaged her house with HSBC and her payments have gone up and down. HSBC had her in bankruptcy court and they continually send back checks and money orders. I have never seen such fraud in my life. They told my mother that she had taken out a […]

Beneficial and HSBC show up at bankruptcy for non-customer

NB in Idaho said: ” I have never done ANY business with Benefical Finance. I am being forced into bankruptcy and now they say I OWE them $2500.00! I have never borrowed from them, nor had any business with them, nor have I ever received a statement from them. What’s up with […]

HSBC makes 22 credit report checks in 14 months

AB in Ohio said: “HSBC NV has made 22 requests for my credit history between July 2006 and Sept 2007. Who are they, why do they keep checking my credit history and why did they all of a sudden stop? I am trying to re-establish my credit after a (medical) bankruptcy and have […]

HSBC social security number mix up hurts innocent victim

MT in Tennessee said: “December 2007 I received a notice I was refused a credit card from JC Penny’s because I had filed bankruptcy in March 2007. I have never filed bankruptcy. My account has been crossed with a woman in Ohio who has my same name and one digit different […]

Reason for HSBC high delinquencies cited

BR in California said: “I am reading BUSINESSWEEK - Feb 18, 2008 edition - page 36 - regarding CREDIT CARD SECURITIES.

I quote “The consultancy Risk-Metrics recently analyzed 14 larges pools of credit-card assets and found that delinquencies and bad loans had jumped by as much as 19% in the last six months of 2007.
Among […]

HSBC loss mitigation fails to return calls

MS in Minnesota said: “I have been going through medical tests and had EFT set up for my mortgage account. I noticed one month wasn’t taken out so I made 4 phone calls to Kristen Gallighan in the loss litigation department, because that is who I sent it to. Asked if there was […]



Household HSBC Watch is a watchdog and consumer advocacy organization We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.Household HSBC Watch is not associated or affiliated with HSBC in any way
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
We are not associated with HSBC, Household International, or their merchants.
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