Household HSBC Watch

Polaris Industries Inc., Medina, has received a multi-year contract with HSBC Bank Nevada, under which HSBC will continue managing the Polaris private-label credit card program. In spite of Shea v Household, predatory lending issues, reputational risks and other factors Polaris is staying with their predatory lender. “Consumers continue to note their complaints on our website. Polaris is not concerned with repeat busines or customer satisfaction, but they obviously benefit from ongoing compensation” said consumer advocates at Household - HSBC Watch. “Every time you pay a late fee, overlimit fee, or pay the interest on a ‘no-interest’ promotion Polaris gets part of that money” said the group.