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HSBC makes 22 credit report checks in 14 months

AB in Ohio said: “HSBC NV has made 22 requests for my credit history between July 2006 and Sept 2007. Who are they, why do they keep checking my credit history and why did they all of a sudden stop? I am trying to re-establish my credit after a (medical) bankruptcy and have […]

The fine print of zero percent HSBC credit cards

This was submitted this morning: “I copied and pasted from a Google search for “zero percent” HSBC CARD!

READ IT - this is why everybody gets a card and why EVERYBODY GETS JACKED!
“We apply payments to lower APR balances before higher APR balances. We have the right to change your APRs, fees and other terms […]

HSBC uninsured mortgage never uninsured, going to court

TC in Tennessee said: “My mortage was sold to HSBC in 2003. In March and we were told we did not have insurance. Our payment was used for insurance with Safco, their provider. For five years we had the calls and letters saying they would foreclose after calling my bank and insurance company. […]

Ohio resident claims new scam by HSBC Finance Corp

FH in Ohio reports what they call a new HSBC scam: “I have been dealing with HSBC for several months now because of their new scam !!!!!! I was late on a payment several months ago. A payment I thought I mailed in enough time. My loan was defaulted that one […]

HSBC Fouls Up Automobile Loan Lien Releases

KT in North Carolina sends are report that echoes so many others on this subject:
“I bought an automobile with an HSBC loan in 2004 which was paid off in 2005. There was no history of late or missed payments.

What we did miss, was that we never got a lien release letter from the company. Two […]

1997 Best Buy Scam Used Again by HSBC in Arizona

DR in Arizona said: “I have used the Best Buy HSBC credit card to buy products with deferred interest over the past several years. The theory being if you can use someone else’s money for free, why not. Otherwise, I do not carry balances. On their account I was down to a very low […]

HSBC Sues Customer For Yahoo Postings

I am a US citizen living in Panama. I recently learned of a very disturbing lawsuit filed by the multi national banking conglomerate HSBC in Panama - a country where anyone can be criminally prosecuted or civilly sued for defamation even if the statements that are the subject of the suit are absolutely true (truth […]

HRS, HSBC Retail Services Late Payment Scam Not Valid

I mailed my normal payment of 129.00 plus 171.00 for a total of 300.00 to HRS on 1/12/2007 as I have been doing since the first payment was due in April of 2005. For unknown reasons HRS claimed to have never received my payment by mail and sent me a late payment notice and an […]



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
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