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Loan modification adds more to balance due, frustrates homeowner

A kentucky resident said: “After several months of letters, phone calls and submittals we finally received a 6 months loan modification from HSBC (almost 6 months ago) but all I can see that they did was take our past due amounts and fees and roll them to the end of the loan which makes […]

HSBC hooks retired disabled Army veteran

PT in New York said: “I live in upstate New York. I read your article on this company and let me tell you they have taken my money. My loan balance never dropped. I took a hardship and they said it will go on the loan, not interest. I paid […]

Missouri resident finds Best Buy and HSBC on credit report

BH in Missouri said: “I was just checking out my credit report and noticed this HSBC/RS. I was like what the blank is that…so I put it in my search browser and this is why I am here. Apparently they are affilliated with Best Buy? I don’t even have a Best Buy near me. […]

HSBC and HFC just as bad in Canada

DL in Canada said: “Not in the States so not sure this will be of interest, but have dealt with what was HFC for over ten years and noticed a change for the worse in last year or so. Thank heavens my account is nearly paid off, but I missed one payment and […]

Suprime loan given to prime borrower by HSBC

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 […]

HSBC life and disability cancelled after claim

MB in Minnesota said: “First they hire someone from Mexico who quits and takes all info with him, like our ss#, bank # and had a hay day with it…… All they will do is say sorry, is there anything else we can do for you today??? Then we add another loan to add […]

My Suzuki payoff is exactly what it was two years ago

RD in Florida said: “Just trying to find your account with HSBC bank on line is almost impossible. In 2006 I purchased a Suzuki motorcycle, 2 years later I still owe what I paid for the motorcycle, even though I made extra payments and was never late. At least I didn’t think […]

14 days for HSBC to post mailed payments

MB in California said: “HSBC makes it impossible to pay loans. Bad online access, phone pay charge, late charge,finance charges on late fee, do not edit address changes, finance charges fluctuate from 9.99-17.80. Calls for late payments are unwarranted and without account information. HSBC insists on overpayment to keep out of collection, […]



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