The new Household - HSBC Watch series on debt collectors is number one this week. We were prompted to write the series of articles after receiving a consumer complaint which said the account was placed in collections but the customer never received the credit card, never received a statement, and never received a phone […]
A recent study looked at completed applications for first mortgages to buy single-family, owner-occupied homes. It considered race and income of applicants and the census tract, and loan amount. The study does not include government-backed loans, second mortgages, home improvement or refinance loans. For example, only 10 percent of the loans reported by HSBC Holdings […]
LONDON (Dow Jones)–HSBC Bank (Panama), S.A. has signed an agreement to acquire the group of consumer finance companies trading under the brand name Financomer. The Financomer group, which had a gross assets of $41.5 million at 31 December 2004, entered the personal lending market in Panama in 1989 and currently has 129 employees, […]
No, we are not trying to be the next switchboard.com, but we are programming and managing the myriad of phone numbers in our database. This should take some of the presure off of the Live Help operators and reduce the number of hotline calls. To see this project in the early stages visit […]
As Household - HSBC Watch monitors Charles Schwab, William Aldinger, and any potential move by HSBC we call your attention to a new website called “Do You Have a Schwablem?” IT appears, however, that Schwab may have a Schwablum or two as market share is dropping, stock price is dropping, and they are buying […]
Thursday, August 25, 2005 — U.S. personal bankruptcy filings in federal courts surged 18 percent in the three months through June from the prior quarter, as consumers rushed to beat the deadline for a new law that makes erasing debt more difficult, the Administrative Office of the U.S. Courts said. The number […]
With the addition of William F. Aldinger to the board of directors at Charles Schwab, consumer advocates at Household - HSBC Watch said they would watch Charles Schwab as well as HSBC. Investigators discovered that Aldinger’s assistant is still employed by HSBC. Intelligent minds ask if Schwab is for sale, or is Schwab […]
The NBFC would enable HSBC to expand its retail operations in India
Kansas City - August 25, 2005 - News Release
Sources who prefer to remain unnamed report that William F. Aldinger’s assistant still does work for Aldinger while paid by HSBC. Whether part of Aldinger’s retirement package or for some other reason Mary Hicks continues to do work on behalf of Aldinger while paid by HSBC […]
Due to a record number of complaints about Household International and HSBC our programmers added a “related topics” link to the forums. Now whenever you view a complaint or read a horror story similar related issues will be listed. To read those issues, check for trends, or further examine what happened just click […]
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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.
Some items are used by permission granted in the Fair Use guidelines of the 1976 U.S. Copyright Act.
