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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 […]

HSBC credit card with $300 limit

SG in New York said: “I have had a HSBC credit card since March 2008. I make my payments on time and much more than the minimum. Although it may not be important to you, I am hard at work establishing a good credit report and score. The $300 limit is […]

PA homeowner says HSBC loan modification is a scam

MJ in Pennsylvania said: “HSBC, just say no. I’ve had nothing but problems with my mortgage through HSBC/Beneficial from day one. I was forced to file bankruptcy in August 2003 because not one person offered me a hardship when I laid off from work. My problem was not credit card debt but the […]

GM Flex Card may add to General Motors problems

CC in Massachusetts says this about the GM Flex Card: “Follow-up to previous report of GM Flex scam. GM Flex uses deceptive business practices. Offered card at 12 mo at 0% and 9.99% fixed thereafter. Transferred all balances and have been paying more than minimum. After 12 months got first statement and interest rate […]

Best Buy Consumer Electronics Store Financing Blasted

DJ in Florida says this about HSBC merchant Best Buy Stores, the consumer electronics giant: “Why does Best Buy use the horrific HSBC Nevada Household Finance credit card company to service its credit cards. These people are like mafia loan sharks! There are so many other better companies that could be used. […]

HSBC Merchant rated D+ by Better Business Bureau

Today we acquired a copy of the BBB report for HSBC Merchant Musician’s Friend. It does not look good, but all of it cannot be blamed on HSBC in any way, shape, or form. (Part of it probably can) Personally I go to the Musician’s Friend factory outlet store in Kansas City, […]

HSBC on credit report for no reason says Kansas resident

SC in Kansas said: “I just checked my credit report and found HSBC on my report 20 times. Someone has been applying for credit over 20 times on my credit. I do not know who HSBC is. I did not apply for anything with this company nor have I applied for anything in the […]

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 […]