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HSBC’s Beneficial fails to pay disability claim

DT in Pennsylvania said: “I HAVE A MORTGAGE WITH BENEFICIAL. I ALSO HAVE DISABILITY INSURANCE WITH THIS ACCOUNT ALSO. IN AUGUST I WENT INTO THE HOSPITAL FOR SURGERY AND WHEN I GOT OUT A WEEK LATER I FILED THE NECESSARY PAPERS FOR MY CLAIM THAT WOULD PAY MY MORTGAGE. HERE IT IS 3 MONTHS […]

HSBC life and disability cancelled after claim

MB in Minnesota said: “First they hire someone from Mexico who quits and takes all info with him, like our ss#, bank # and had a hay day with it…… All they will do is say sorry, is there anything else we can do for you today??? Then we add another loan to add […]

AG reviews HSBC back dated insurance documents

ES in North Carolina said: “HSBC/HFC sent me fraudulent documents to justify added disability/credit insurance 1995 through 2002. Each letter I received from HSBC would always correspond a difference loan number plus they sent me documents crossing out the loan numbers with a sharpie. Then to justify a certain amount, HSBC sent me […]

A call for insurance commission investigation of HSBC

SD in Washington said: “Orchard Bank credit insurance consumer rip-off. I was high pressure sold this insurance when I got my master and visa cards last May. After getting approved for SSDI in record time, 6 months, I applied for debt cancellation. After going to 2 doctors, filling out several forms and […]

HFC BFC tells how HSBC packs loans

A New Jersey former employee said: “I worked for HFC and BFC for the past 4 years and have recently left because of the constant insanity. The pressure to get that 1st mortgage (that doesn’t make any sense!), making sure you “planted all the right seeds” to ensure you sold your Life Insurance, Disability […]

HSBC insurance packing raises ugly head again as fraud

ES in North Carolina reports this problem: “Please explain how HSBC can mail me documents showing my mortgage with them 11/1995 when I have my mortgage papers from SAXON & Meriteck showing my mortgage was paid off in 1997? I also received HUD papers (detailed) from HSBC/HFC Mortgage with my signature forged dated 11/1995. What […]

HSBC insurance packing verified - see how it works

KS recently said: “I just finished reading about the complaint regarding the sale of the optional payment protection coverages, and must agree that this writer hit the nail on the head. I lost over 50 loans when managers refused to run loan documents unless the client took all three coverages and a home & […]

HSBC Beneficial Insurance Service is insurance packing - again

BM in California said: “Beneficial Insurance Service — beware! I have a revolving credit line with Beneficial which was opened early in 2007. In July 2007 they offered me a “30 day free trial” of their unemployment, disability, and life insurance coverages, which sounded like an idea worth considering.

According to the rep on […]



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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