In an interview with the Associated Press, Megan Hayden, spokeswoman for Household’s parent, Household International Inc., in Illinois said “We make good loans to our customers who need them and, frankly, have nowhere else to go. And we’re proud of that.”
Archive for the Category »05 Quotable Quotes «
It’s official. Here is the HSBC and Household Bank quotable quote for 2005:
“He huffed and insisted I was lying. I asked him if that’s what he was implying, and he said ‘You, like these other customers who say this, are lying and just didn’t make a payment.’” (see article)
We enter Barry Rodrigues in the ‘quotable quotes’ section of Household - HSBC Watch for his gloss on HSBC’s subsidiary HSBC Finance Corporation. Leaving out some key points Rodrigues said:
The voting is still open as Household - HSBC Watch volunteers search for the quotable quote of 2005 from an HSBC employee. In first place is this gem:
Facing the rising tide of dissent over purportedly racist lending practices this summer (2005), Wells Fargo head Richard Kovacevich told Bloomberg news: “We are responsible lenders, and we price for risk; we don’t price for race. We don’t do predatory lending. And the American consumer is better off that we take that risk. We just have to get paid for it.”

