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Man discusses high number of HSBC car and ATV repossessions

NM in Tennessee said: “When I decided to purchase a couple of four wheelers and later a street bike, I never dreamed my loan would end up being a “credit card” loan through HSBC. Several years ago my parents had a loan through HSBC and it was a total nightmare for them. That […]

Truck financed with BofA until HSBC bought the paper

MS in Pennsylvania said: “We had an ATV loan a while back and after dealing with these idiots, we swore never again. Fast forward to now, some 5 years later. After trading my truck for another,they were gonna finance me with different banks. I went with a higher interest rate with Bank of America […]

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 […]

Routh Crabtree, Budd Hibbs and FDCPA

CP in Washington said: ” I wanted to comment about the Sears / Roth Crabtree collections. I am taking RC to court. The person needs to check out Budd Hibb’s website and contact a NACA lawyer. Routh Crabtree commonly violate FDCPA and place non-judicial liens on properties (then foreclose) or obtain confession of judgement […]

Mysterious preauthorized debit from HSBC RS

SK in Pennsylvania said: “I check my bank account every day to see what has posted to my account since I’m not the greatest person out there to keep track of their money. I checked it this morning and there was a “PreAuthorized Debit from HSBC RS” for $20.00. I called the bank to […]

Sears and Routh Crabtree

JG in Alsaka said: “We were unable to make payments to Sears for a balance of around $3000. Sears used a high power collections firm, Routh Crabtree to file suit against us and to avoid a judgement and subsequent garishment, etc. we agreed to payment terms with the collections firm for an amount nearly […]

Section 6 of RESPA help and the $99 HSBC late fee

SK in Kentucky said: “Here is a copy of our 5th and most recent letter we sent last week to Beneficial/HSBC. We got the wording from another watchdog site and the HUD website:

Dear Beneficial/HSBC;
This is a “Qualified Written Request” under Section 6 of the Real Estate Settlement Procedures Act (RESPA). We are writing to […]

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, […]



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