Just in time for the holiday season thieves found a way to steal the remaining balance on store gift cards. They take the information from the gift card, put the card back on the sales rack, and then wait for someone to buy it and activate it. Thieves call the telephone number on the gift card to find out if it has been activated. Once it has, thieves take all of the remaining balance.
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Category: 2006 HSBC, In the U.S., Scams
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Jose Cantu is all smiles — and why not? He’s holding a document he’s been trying to obtain for years. “You guys did a great job on this after all these years,” Cantu said. “I finally got someone to help us.” Back in 1992, Cantu borrowed $5200 from a finance company and used his Gila Bend home as collateral.
Category: 2006 HSBC, In the U.S., Predatory Lending, Scams
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Household - HSBC Watch consumer advocates said for years that a combination of high HSBC interest rates, questionable payment processing and troubled merchants is a bad combination for customers and credit card holders.
Category: 2006 HSBC, In the U.S., Predatory Lending, Scams
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Most sued and former executive of HSBC and CEO of predatory lender Household International William F. Aldinger III once boasted that his company ‘invented tax refund loans’ - and they are proud of it. Household, and later HSBC, partnered with H&R Block. H&R Block CEO Mark Ernst appeared eager to turn the page on a flurry of disappointing corporate news. Speaking at the firm’s annual shareholders meeting in Kansas City this week, the head of the nation’s largest tax preparer outlined a fee-reduction plan that implicitly responded to critics who have charged that refund-anticipation loans unfairly siphon high interest charges from millions of low-income Americans.
Category: 05 Aldinger, 2006 HSBC, In the U.S., On This Website, Predatory Lending, Scams
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HSBC wanted to buy a predatory lender. The purchased Household International in 2002 to satisfy their desire. Now those customers are at risk as HSBC predicts a recession for the United States. Already beaten down and strangled by HSBC’s oppressive terms and conditions these very same customers were hit harder by rising gasoline prices. In a series of exclusive presentations for HSBC’s corporate customers in Dubai, David Bloom, Global Head, Market Strategy – HSBC Global Markets, based at Group headquarters in London, warned that there is growing risk of an outright recession in the US economy.
Category: 2006 HSBC, In the U.S., Predatory Lending, Scams
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