Household and HSBC were accused of crediting payments “late” for almost ten years, from 1994 through 2004. Did the fraud stop? This is from December 31, 2004:
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Category: Credit, Credit bureaus, HSBC North America, You Should Know
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2004 has come to an end as has the holiday buying season. The advertisers’ hard sell was a sight to behold. Financing plans, rebates, buy more flashier things. Make the retailers dreams come true. The holiday season is the basis for their annual sales figures. Was it a good season? Did more merchandise get out the door than will be returned? Were they able to hit their projected sales figures?
Although Household International changed its name to HSBC Finance Corporation on Decemeber 15, 2004, consumer watchdog organization Household - HSBC Watch says Canadian operations are uneffected at this time.
Category: HSBC Global, HSBC North America, You Should Know
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12 things a debt collector cannot do:
Contact you at inconvenient times or places, such as before 8 a.m. or after 9 p.m., unless you agree;
Contact you at work if he/she knows that your employer disapproves of such contacts;
Use obscene language;
Repeatedly use the telephone to annoy you;
Make false or misleading statements or writings, such as falsely implying that he is an attorney or government representative, that you have committed a crime, or that he represents a credit bureau;
State that you will be arrested if you do not pay your debt;
Send you anything that looks like an official document from a court or government agency when it is not;
Use a false name;
Deposit a post-dated check prematurely;
Deceptively make you accept collect calls or pay for telegrams;
Contact you by postcard;
Apply a payment you have made on one debt to another debt without your approval.
Category: Credit, Credit bureaus, You Should Know
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Did you know Best Buy leases two stores from its chairman at an annual cost of $950,000?
Did you know Chairman Dick (Richard) Schulze also owns 16 percent of Best Buy?
Did you know Best Buy receives ongoing compensation from Household International - HSBC Finance Corporation for credit card interest, late fees, past due fees and overlimit fees? See More.
Category: Best Buy Stores, You Should Know
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