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 » 2006 HSBC, In the U.S., Predatory Lending » Article Title: January foreclosures up 27 percent

In a report just released by a foreclosure tracking service the number of homes in foreclosure increased a whopping 27% in January 2006 and a 45 percent increase from January 2005, with the state of Georgia leading in the number of foreclosures.

“The number of foreclosures from predatory lenders and inflated appraisals remains unclear until investigations are complete, but the numbers will be forthcoming” said consumer advocates at Household - HSBC Watch. “A predatory credit card can ruin the family budget just like losing one’s job, divorce, etc., which then causes a domino effect” the group went on to say.

Related posts:

  1. December’s Foreclosure Numbers Highest in 2005
  2. December’s Foreclosure Numbers Highest in 2005
  3. Predatory Lending Blamed for Pennsylvania Foreclosures
  4. 20 percent of refinancings in 1998 through 2000 foreclosed
  5. 78 Percent Rate HSBC Credit Cards Poorly

   Digg   Del.icio.us   StumbleUpon   Reddit   RSS  

Find specific results on any of our sites: Category: 2006 HSBC, In the U.S., Predatory Lending
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.