Household HSBC Watch

This customer report is alarming and very revealing. It is consistent with reports since 1994. It also supports charges against HSBC and Household International in Shea vs Household (HSBC). Clearly and without doubt HSBC is lying to this customer. Here is the report:

I feel I am being taken for a […]

HSBC and Household International has two general forms of merchant agreements with vendors. This pertains to your Best Buy credit card, Saks card, and over 60 other merchants. A list is on the bottom of the page. For this one may substitute the term vendor, merchant, and store interchangeably. Once may […]

DES MOINES, Iowa, January 19, 2005 — Maytag Corp. said Wednesday it would no longer sell Maytag-branded appliances in Best Buy Co. retail stores, where sales have declined significantly in recent years.

Consumer advocacy organization Household - HSBC Watch reminds consumers that the Best Buy credit card is backed by predatory lender Household International, […]

This short report was received by Household -HSBC Watch on 7 January 2005:

“They keep changing my address to a previous address, and I’m not receiving my bill. I’ve called three times to correct the problem and they say it is fixed each time. Is it really that difficult to update an address? ”
This one is […]

Active duty service members are reporting an ongoing problem with HSBC - Household International, according to watchdogs at Household - HSBC Watch. Reports received for the last four years indicate problems with receiving statements and bills following a PCS (permanent change of station) move. Reports indicate that the service members generally receive all […]

A recent article reported that one’s FICO score can drop by more than 65 points if your credit card company does not report your limit to the three major credit bureaus. The omission can be costly when you apply for credit. Capital One omits the information. Equally costly, according to Household […]

2004 has come to an end as has the holiday buying season. The advertisers’ hard sell was a sight to behold. Financing plans, rebates, buy more flashier things. Make the retailers dreams come true. The holiday season is the basis for their annual sales figures. Was it a good season? […]

Did you know Best Buy leases two stores from its chairman at an annual cost of $950,000?
Did you know Chairman Dick (Richard) Schulze also owns 16 percent of Best Buy?
Did you know Best Buy receives ongoing compensation from Household International - HSBC Finance Corporation for credit card interest, late fees, past due fees and overlimit […]

Best Buy IT workers filed a class-action lawsuit last Wednesday claiming that the Richfield, Minn.-based electronics retailer engaged in a pattern of age discrimination in terminating their jobs. The plaintiffs range from 40 to 71 years old, and their average age is 51, according to the lawsuit, which was filed in U.S. District Court in […]

A subsidiary of H&R Block Inc. said Tuesday it has agreed to pay $500,000 in fines to settle charges that two former brokers helped a hedge fund engage in improper trading practices.
The National Association of Securities Dealers, the brokerage industry’s self-policing organization, also required the investment division of the world’s largest tax preparer to pay […]