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OCC helps South Dakota customer with HSBC problems

TB in South Dakota said: “HSBC ripped me off two years ago. I paid the account in full four months before the terms ended, I even called them before I made the payment to verify the payoff amount. Several months later HSBC started harrassing me saying that I owed them several thousand dollars. […]

Beneficial HSBC Group Bounces Checks

FP sent this report:  “I opened an account with Beneficial HSBC Group, by depositing a check they sent to me.   The check cleared my bank account, and Beneficial HSBC Group sent checks for me to use.   I wrote checks on the account that cleared, however, I was called by a representative to come in […]

Aldinger’s HSBC Sham - Mehta and Derickson Fired

See the latest about Bobby and TransUnion

When William F. Aldinger sold his scandal plagued predatory lending company, then called Household International, to HSBC Bank plc he knew he had to profit personally before the sham fell apart. An opportunist who profitted from running scams on borrowers, Aldinger’s departure left room for promotions in the executive […]

HSBC Could See New Charges in 2007

Within a few years HSBC admitted they did not do their homework when it came to Household International, although at the time they insisted the performed due diligence. When consumer watchdog organization Household - HSBC Watch (see more) wrote opposition letters protesting the buyout of Household International by HSBC, attorneys representing HSBC downplayed or disputed key […]