Here is an excerpt from a customer report. If this practice by HSBC (Household International) doesn’t attract the attention of the Justice Department, Office of the Comptroller, FTC and Federal Reserve Board we will be shocked. Here is his horror story:
Archive for the Category »05 Cosigning «
When you take the time to file a complaint with the FTC they will reply promptly, and they will assign a reference number to your complaint. Here is part of what you will receive:
Here at Household - HSBC Watch we see horror stories about cosigners and cosigned loans. A cosigner is liable and when things go bad we know what happens. Often overlooked is stress in the family if parents cosign for a child. Also important is friction between friends and ruined relationships. One story from a parent told of how their son never told the parents that he was behind on payments to disgraced predatory lender Household International. In fact, the son said he was not behind on payments, and said he made every payment on time.
Category: 05 Cosigning, 05 HSBC - U.S., You Should Know
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