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 […]
M in Florida said: “I have been victimized by excessive “default rates” (29%) when the maximum usury rate in Florida is 18%. HSBC is still advertising 0% first year interest rate but do you see the catch? Outrageous. I would like to start a class action suit against these people for violation of usury […]
JE in Tennessee sais via email: “I am a very recent former employee. Former by choice. Here is the true CURRENT Beneficial story.
Every day account executives start calling folks at home or work from 5pm to 8pm. The numbers could be current HFC/Beneficial clients or HSBC affiliates.
When someone answers […]
I read the most recent posting and want to agree whole heartedly. Not only is HSBC charging outrageous rates and fees, but they are treating their employees with no dignity. I too am now with a REAL lender, and charging normal rates, and since I have been in the REAL WORLD outside of HSBC, I […]
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.
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