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Insider briefs readers on HSBC’s HFC and Beneficial

This is from another former employee requesting anonymity:
“Having recently left the company on my own accord, you could say that I still very much have my finger on the pulse of the daily operations of the scam machine HFC/Beneficial. Shortly before I left the upper management team approved the use of a new sales tactic […]

Predatory Lending Redefined In 2007

A few years ago our team at Household - HSBC Watch defined predatory lending as “the practice of imposing inflated interest rates, fees, charges, and other onerous terms on home mortgage loans not because the imperatives of the market require them, but because the lender has found a way to get away with them.”

Looking back […]



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