Household HSBC Watch

Referencing Richland State Bank v. Household Cr. Serv., Inc., 2004 DSD 21, Household - HSBC Watch, your source for information on HSBC, reports that Household Credit Services was once again sued for souring a deal to sell Richmond State Bank. Richland State Bank was a credit card issuing bank, but was not a servicer. […]

JULY 01, 2005 — The Bon-Ton Stores Inc. ,York, Pa., will likely bid on the Northern Department Store Group of Saks Inc., Birmingham, Ala., reports Women’s Wear Daily. Preliminary bids for the stores are due at the end of the week. Bon-Ton will likely team with a private equity firm in the bidding process. The […]

“They do not send an electronic receipt when payments go through, so consumers must assume it worked… The person I reached on my second call was simply unbelievably rude. He said that nobody would have told me that payments are sometimes not processed. I said I wasn’t blaming him or anyone - I understand that […]

In a recent telephone discussion with the Office of the Comptroller of the Currency (OCC) Household - HSBC Watch learned that federal regulators were in complete disagreement about who should regulate and control Household Finance Corporation. A division of Household International, now owned by HSBC, Household Finance was the target of predatory lending charges. […]

Workers at British high street bank HSBC, part of HSBC Holdings PLC, have voted to go on strike in a dispute over pay, the Amicus trade union said. An Amicus spokesman said the strike would take place on May 27, the day of HSBC’s annual general meeting, unless the two sides reach a settlement […]

The BTK killer worked as a compliance officer before he was captured. He was also active in his church. “Although people have the perception that compliance officers are eager to make sure companies toe the line, the BTK killer reinforces the fact that these people they are just people. Some believe compliance […]

Workers of HSBC and former predatory lender Household International may face oppressive financial problems of their own in the future. Faced with high gasoline prices and huge home heating costs, these workers may have a hard time paying their own bills. Why? Their jobs are going offshore, mostly to India. HSBC […]

HSBC begins to round out the field of those discriminated against. Higher car rates for blacks and hispanics, redlining african americans on home mortgages, and predatory mortgage lending which discriminates against those with lower FICO scores. Add to that the latest charge - PETER Lewis, former global head of equities at HSBC, is […]

Also sometimes called United Recovery Agency, this agency tries to collect on former predatory accounts of Household International, and acts as a bill collector for HSBC. Consumer reports indicate settlement scams by this company. If you are offered a settlement get it in writing and signed by the company, on company letterhead. […]

When untrained clerks at Best Buy tell you that a purchase qualfies for “nointerest and no payments for X number of months” be very careful. Calls to the Household - HSBC Watch hotline indicate customers are immediately in default. If HSBC doesn’t send a statement for 45 days, and the sales […]