HSBC Horror Stories

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 […]

RS in North Carolina says: “HSBC is misreporting to the 3 major credit reporting agencies the date of charge off of an alleged debt. This violates the Fair Credit Reporting Act (FCRA). When HSBC was notified of their error instead of correcting it they retaliated by reporting an even more recent date thus affecting […]

BD in California says:  “My daughter purchase a car 2001 and i was listed as co-signer. Because i always keep up with my credit i check my credit often. In 2007 the car has been paid off prior to that every month for the last three month hsbc was charging me various charges and when the car […]

MC in North Carolina reports:  “I have a Best Buy card that was reported to a credit reporting service as being 30 days past due. I contacted HSBC retail services and was told that my March statement was returned as having an incorrect address. The “supervisor’ I talked to stated that the late fee would be […]

DI in Missouri asks:  “I attempted to pay online and could not and was charged the $15.00 and my account was then defaulted and the interest rate increased. Is there a letter or something I can inform the credit reporting agencies of this practice?”

Editor’s Note:  You can reference all of our complaints like this, similar in […]

J.G. said:  “I was about to recently refinance my home. I found that through HSBC there has been a credit card opened in 08/06, which my husband and I have disputed with the credit reporting agencies. The balance is $1543 on a $2000 credit limit. We have been unsuccessful so far with HSBC to remove […]