HSBC Watch News Release Forum Index
Forum Name: - Kawasaki
Topic Title: Balance Stays High
i bought an kawasaki 650 paire about an year ago an i owed 5,000 on the machine. i have been paying since november 2003. at about 120 dollars an month. now i owe 4200 dollars. but first it started out i was paying 50 dollars an month. but i woul pay 100 dollars. than all of an suden my bill wanted me to start to pay 120 an month. please help me if you can
we purchaced a motercycle in 2000 and it was financed through HSBC. We got our mountly statements of 115.00 a month. My interest rate slowly started rising and my balance never went down, only way up. Here it is 2005 and our bill is suddenly $154.00 a month.
When we called they said it was b/c they had been undercharging us and obviously it was clear now why a balance of 4000.00 was now 6341.00. wtf what can I do. I hate these mfers, and it caused alot of probs at home b/c i was acusing my wife of not making the payments.....

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