JB in Pennsylvania said: “To make a long story short, I have (2) two accounts with HSBC. My Auto account is working out good, but the credit card account, that another story… I was paying the due amount posted, and was about $100 or so from my credit limit, HSBC took my payment, […]
CB in New York said: “My husband had an HSBC credit card. He was laid off for several months and we fell behind on payments. It was sold to Carmel Holdings who sold it to NCO Financial. I worked with them, paid them money I really couldn’t afford, and paid off the account in […]
SM in Colorado says: “In September 2006 my $500 limit credit card with HSBC was charged a $69 annual fee, three months before it should have been charged. I called to dispute the charge because it put me over my credit limit (I was not expecting the charge until December.) I called to have […]
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 […]
LONDON — Shares of HSBC Holdings PLC fell Thursday after Europe’s largest bank by market capitalization said it is raising provisions for bad loans by 20 percent higher than the market had expected.“Foreclosures have shown a higher severity” than expected, Chief Executive Michael Geoghegan said on a conference call. “The major impact was taking into […]
A Macao-based bank accused by the United States of distributing counterfeit money said it used HSBC Holdings plc services to screen U.S. currency.
Banco Delta Asia is accused by U.S. investigators of helping Pyongyang — North Korea’s capital — distribute counterfeit money.
However, the Macao bank said it is too small to have the technology necessary to check […]
SP in Florida says: “I refinanced my home thru Solstice Capital in May, so that I could pay off my husband’s bills. I was told by Benson Mugo that when I paid off my bills and straightened out my credit that I could come back to them in two months to acquire the additional $20,000 […]
An open letter to HSBC, Knight Vinke and Stephen Green
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.
