AP in Georgia said: “The WORST thing I ever did in my life was to get involved with HSBC. Two years ago, I found myself unemployed. I had two mortgages on my home (the second was with HSBC). I put it on the market even BEFORE I fell behind on either mortgage payment. […]
If you ever had an insurance claim that stalled and required a lawyer to get a payment that should have been automatic you know how customer service at HSBC Finance works. Although the company says they have a hardship program for mortgages and second mortgages, it is hard to access. Unsecured loans may […]
HSBC recently set aside billions of dollars for subprime losses. After analyzing SEC filings it was later determined that businesses within HSBC Finance Corporation were effected. Those include unsecured second mortgages, unsecured credit card debt, subordinated positions, and some home mortgages. This blog, and the horror stories published herein, show what the […]
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 […]
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.
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