HSBC Horror Stories

MR in Arizona said this informative copy of his long letter: September 13, 2008
Arizona Department of Financial Institutions and all in CC list.
2910 North 44th Street, Suite 310
Phoenix, Arizona 85018

RE: Loan number: (redacted) HFC-HSBC
• Predatory Lending Practices
• Misrepresentation of lending […]

JS in Oregon said: “I too have been a victem of HSBC’s unprofessional handling of my loan. They simply “lost” a loan payment and put a 30 day late on my credit which cost me a low rate conventional refinance. They corrected the problem too late for me to get a decent loan. I […]

WG in oregon said: “HSBC has been collection menions have been hounding me for weeks for payment on a fraudlent credit card account that was created from my stolen identity. I have filed a complaint with the County Sheriff’s Office where I reside and provided the case # to HSBC. Their fraud department agreed […]

NL in Wisconsin said: “If I was to give advice to anyone with a HSBC card… GET RID OF THE DAMN THING!! Well there is the point that I am going to try to put across. I used to work for Younkers about 2 years ago. When I was hired they automatically signed me […]

CF in Connecticut sent this update: “I want to add this as an update to an on going horror story regarding HSBC Mortgage Services Inc.. I am to appear before the States Attorney and file formal complaint for billing fraud committed by HSBC. The states Attorney has reviewd my complaint and attached documents from […]

LJ in Nebraska said: “I was recently sued by HSBC for a “supposedly” co-signed loan. They hired attorneys and took me to court and on September 28, 2007 the county court Judge denied the Summary Judgment filed against me, and ordered that the judgment is against the original lender and owner of the automobile.

I […]

A web visitor asks: “I bought a ring from Helzberg diamonds using their HSBC credit. One day i got a call that i was 60 days late for my payment. I paid the complete amount within 5 days. However, they had already informed the credit reporting agencies and this took a severe hit on […]

PP in Alabama sends this short report: “My account should have been closed in 2001 but it’s still showing on on the credit report as inactive, not closed.”

Editor’s Note: HSBC Finance, which is the old Household International group, reports to all theree credit reporting agencies in a slightly different manner. Customers report […]