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 […]
A resident of india asks: “I have received some of the mails from HSBC Finance Corporation and these are the following addresses. They announced me as a UK national lottery winner. I urgently want to know […]
LP in Florida says: “I was a Household Finance customer. The first loan I had with them seemed to get larger instead of getting smaller with each payment. So in August 2002 I went to them refinanced the loan and had it put on the EZ-Pay plan so that there would be no reason […]
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 […]
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 […]
DA in Texas says: “On Sept. 5, I called HSBC / Direct Merchants to pay off my account. I asked to speak to a supervisor. I told the supervisor that I could arrange a bill pay through my bank (which they would recieve in 3 days), or I would pay by phone if they […]
HSBC recently set aside billions of dollars for subprime losses. After analyzing SEC filings it was later determined that businesses within HSBC Finance Corporation were effected. Those include unsecured second mortgages, unsecured credit card debt, subordinated positions, and some home mortgages. This blog, and the horror stories published herein, show what the […]
GP in New Hampshire says: “I have a mortgage with Household Beneficial. I got behind but then my mother caught me up. However, not only was my mom’s check credited to my account but to another account as well. I did not know of HSBC’s mistake until February, when they said they were going to […]
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
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.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.
