This menu shows you other areas of this website and various areas of interest. It is a quick locator.
You are currently in a library. This takes you to the top level of Household - HSBC Watch consumer advocates and watchdogs
This takes you to the complaints library and all recent complaints about HSBC, HFC, Beneficial Finance, and their merchants since 2007
Monitor the latest news about HSBC Plc, HSBC USA, the bank and HSBC Finance Corp from around the world in this watchdog area
See articles, stories, and complaints about HSBC and Household International since 2005 in this interactive library
Submit your complaint to our watchdogs. We perform trend analysis and need your help. Complaints are noted by type and processed
Get help with this one-click form just by entering your zip code in this form. You can even contact the media
You're browsing: Archived News » 05 All Articles, 05 Compliance, 05 Regulators, Credit, Credit bureaus » Article Title: The national average credit score is 678

The national average credit score is 678 as of summer 2005. Researchers at Household - HSBC Watch follow the impact of predatory lending and predatory credit card processing by HSBC and their holding company formerly known as Household International. In many cases - more than what one would expect from a reputable organization - late crediting of payments causes problems for unsuspecting consumers. “If a customer mails a payment 20 days early the customer does not expect it to be credited one day late, especially in light of Shea v Household” said the watchdog organization. For more see this report.

Related posts:

  1. Subprime credit card users can increase credit score
  2. HFC Below Average on JD Power Satisfaction Survey
  3. Identity Theft or Mistake - Credit Score Suffers
  4. Disruption of Serive Common at HSBC Finance Corporation
  5. Fair and Accurate Credit Transactions Act

   Digg   Del.icio.us   StumbleUpon   Reddit   RSS  

Find specific results on any of our sites: Category: 05 All Articles, 05 Compliance, 05 Regulators, Credit, Credit bureaus
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Leave a Reply

You must be logged in to post a comment.