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You're browsing: Archived News » 2006 HSBC, Identity Theft, In the U.S., Predatory Lending » Article Title: HSBC Account Web Site Shows Ads Only
25
Mar
HSBC Account Web Site Shows Ads Only
Research

This information is subject to change in the future, but while investigating problems with HSBC online payments we decided to try variations of the domain name. It turns out www.hsbcaccount.com is registered in China and has little to do with HSBC or one’s ability to pay their bill online. In fact the site shows nothing but advertisements and some are rated XXX. How does a global bank with a track record of predatory lending and online payment problems - see more - let this happen? Why would it happen? Because they make more money in late fees, past due fees, over limit fees, telephone payment fees, etc.

The top categories on this false website includes online payments, apply for a credit card, and more. The website was created in March 2005 and is registered until March 2007.

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