HSBC Horror Stories

Let me make a point perfectly clear. When we write about HSBC Finance we are not attacking employees, as they must work within the guidelines set by the company. This report is anonymous by request: “As a current employee I am appauled to see Beneficial and HFC’s latest trick which seems to […]

A former HSBC employee said: “I am withholding my initials and state because I am still trying to get monies owed to me by HSBC as part of my severance package. I have been an employee for over 20 years, starting with Beneficial back in the good old days when our only goal […]

The following complaints about HSBC, received from individuals around the country, should be considered as allegations only. We make no effort to investigate the validity of complaints submitted by customers and non-customers. Instead we monitor complaints such as these for trends that can be verified, just as we did before Household International was […]

AJ in Pennsylvania said: “As a former employee of HFC/Beneficial I can say yes… Yes to all of the stories that have been posted. Now, does that mean that the consumer is always right in every complaint that is posted??? No, but I can say that after living it for four years that the […]

NEW YORK – HSBC Finance Corp. said Thursday it will stop offering some tax refund loans, popular but controversial products that let taxpayers who expect refunds get their money early, but at a potentially high cost.

In a statement, the Prospect Heights, Illinois-based unit of HSBC Holdings Plc said it will discontinue “pre-season” and “pre-file” products beginning […]