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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 […]

Credit score plummets as HSBC issues false assurances

KS in Colorado said: “My credit report is showing a 30, 60, 90, and two 120 day delinquencies due to a $15 check by phone charge, which I was told was waived. I spoke with 6 people at HSBC who all say they will take care of the problem and still nothing has […]



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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