AM in Texas said: “I worked for Beneficial for 11 years, and I left because they still overcharge customers with rates, right now I am closing loans at a 6.0 rate versus Beneficial that is charging over 11% with the same credit profile. The government needs to regulate this lending practices.”
BCS in North Carolina said: “1. Prepayment penalties are written into a mortgage note, and can not be waived. They are part of a legal document. Even if a loan is sold, the note remains the same. There is no magic wand that makes it go away.
2. When the consumer can not prove […]
A whoppping 82 percent of cardholders report dissatifaction with their HSBC backed credit card. See the survey here. The link will open in a new window so you can take the survey easily. Over 600 people took the survey, thus the unsatisfactory rating for HSBC is not from a random small sample. Most appear dissatisfied with […]
An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
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