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HSBC late payment scam is well known now

CH in wisconsin said: “After having a GM (HSBC) credit card and several “store” cards that were carried by HSBC for a number of years. They pulled their late payment scam on one of my store cards and then tried to blame the post office for losing my payment. After paying off the store […]

Suprime loan given to prime borrower by HSBC

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 […]

More HSBC credit card fraud reported in United States

BT in Maryland said: “I haven’t used my HSBC credit card since September of 2007 as far as I can remember. Sometime early this year, I received two new set of HSBC credit cards for me and my wife with different account numbers. I was told that there was some information compromised […]

HFC and Beneficial caught in payment lie on 30 day late

LD in Arizona said: “I have an HFC second mortgage and a credit line which HSBC moved to Beneficial. I made a payment over the phone for both accounts, to the same customer service rep during the same call. One payment was credited properly. The other was denied for incorrect checking account information? How […]

HSBC credit card rate out of line with others

CM in Oregon said: “I am a victim of HSBC unethical business practices. I didn’t understand why until I found out that HSBC is Hong Kong Shanghai Banking Corporation. How is it that a financial corp. controlled by an admitted enemy of the United States is allowed to gouge U.S. citizens and […]

3 point analysis of HSBC and customer responsibility

WM in Ohio said: “This covers 3 topics, the future of HSBC, HSBC insurance and customer responsibility. At this point, HSBC in USA plans on FHA loans and adding Auto Finance to states that currently don’t offer it. I’m not certain that this will save their financial woes in the US.

On the insurance matter, […]

Real life with Beneficial Finance and HSBC Auto

I have different accounts with Household companies since 1999 and up until maybe a year and a half ago. At that time I began having problems every single time I called Customer Service. Nothing was ever noted in my account when ever it was said to be, harassing phone calls through out the […]

Washington State AG needs HSBC information

By anonymous submission a Washington state resident says: “I have recently spoken with investigators from the WA state Attorney General’s office and the Department of Financial Institutions. They need your help in prosecuting Household and Beneficial Finance business practices.

Past and present employees and customers need to contact the office of the Washington State […]



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.
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