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Archive for the Category »05 Tax Masters «

It is tax time again, and when people Google the search term ‘household bank ral’ Household - HSBC Watch comes in at the top spot with our article ‘HSBC Bank Charged With Racketeering’. We make every effort to level the playing field, given that we are all volunteers and HSBC is one of the largest banks in the world. Visitors and readers are reminded the HSBC Finance Corporation is stained and disgraced predatory lender Household International.

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This is the Household - HSBC Watch year end update on H&R Block, Household International, and HSBC tax refund loans. Racketeering charges against HSBC and H&R Block still remain, mostly in part to HSBC’s predatory lending subsidiary formerly named Household International.

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A Tuesday night episode of Boston Legal exposed the credit card industry for what they really are. When any industry goes beyond what is reasonable and prudent in the interest of profit it is a travesty. Boston Legal put the industry on prime time for what they really are, but the show contained a quote we find interesting. “We are one of the largest law firms with offices in London and HongKong”

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KANSAS CITY, Mo.–(BUSINESS WIRE)–Nov. 17, 2005–H&R Block Inc. (NYSE:HRB) today reported a net loss of $72.2 million, or 22 cents per share, for the second quarter of fiscal 2006 compared with a loss of $49.9 million, or 15 cents per share, in the year-ago quarter. Revenues in the quarter rose 14 percent to $620.4 million from $542.0 million in the prior-year period, with all business segments contributing to top-line growth.

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September 29, 2005 Credit card delinquencies shot to a record high in the second quarter, as consumers tried to keep up with rising gas prices and increasing interest rates without curtailing spending, a report showed yesterday. The percentage of credit card accounts that were 30 days or more past due rose to 4.81 percent during the April to June period, up from a revised 4.76 percent in the first quarter, the report from the American Bankers Association found.

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