This customer report is alarming and very revealing. It is consistent with reports since 1994. It also supports charges against HSBC and Household International in Shea vs Household (HSBC). Clearly and without doubt HSBC is lying to this customer. Here is the report:
Archive for the Category »05 BestBuy «
Category: 05 BestBuy, 2006 HSBC, Best Buy Stores, Predatory Lending, Scams
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A former Buy Buy executive is now CEO of Circuit City, as Circuit City turns from losses to profitability. That’s one CEO that knows not to align his Circuit City customers with predatory credit cards and predatory lending. The Best Buy credit card is managed by Household Internaitonal but the new name of the nation’s largest predator is now HSBC Finance Corporation.
Category: 05 All Articles, 05 BestBuy, 05 Who's Who
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Best Buy Stores - the largest electronics retailer, finances their in-store credit card with HSBC Finance Corporation. And who is HSBC Finance Corporation? It’s the new name for high rate predatory lender Household International. Are you looking for a military discount? Our staff here at Household - HSBC Watch has 45 years of active duty military experience between just two of us, and we recommend NOT APPLYING for the Best Buy card.
Category: 05 All Articles, 05 BestBuy, 05 Lesson Plan
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Best Buy uses HSBC Finance Corporation for the Best Buy credit card. HSBC Finance Corporation is the new name of scandalized predatory lender Household International, responsible for foreclosures nation wide and a $484 million nation wide predatory lending suit.
Category: 05 All Articles, 05 BestBuy
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Who is to blame and who bears the responsibility if a sales person tells you something that is not true? Take this actual consumer report as an example:
“Tom Wheelis told me in no uncertain terms that my total cost of the purchase was $1591.02 and no payments were due until one year from date of purchase.” This related to an Art Van account destined for collection. At Best Buy, the same applies. The sales person tells the customer “It is no interest and no payments for 12 months” only to find out that by the second month you are headed for collections and a stain on your credit report.
Category: 05 All Articles, 05 BestBuy, 05 Retail Services
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