“Millions fail to pay debt before 0 per cent offer ends, says Harriet Meyer” said one article. “How no-interest credit deals can cost you more” said another. Examples given include people who forgot to transfer their balances again, and still others who failed to pay off their balance before the “no-interest” period […]
Marks & Spencer has warned that, because of poor Christmas trading, its annual profits would fall at least £50 million short of forecasts. HSBC announced that HSBC Finance Corporation, a subsidiary of HSBC would manage credit card operations for the troubled retailer. U.S. consumer advocacy organization Household - HSBC Watch said many […]
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 […]
The following report was received at Household - HSBC Watch. Enough of these reports were received in the last 60 days to indicate that this is a new trend on the part of HSBC (Household). This consumer did exactly what GE told them to do. Hopefully states attorney’s general will take action, […]
Consumer watchdog organization Household Watch says if you have a problem with your HSBC mortgage, even if it is a Household Finance or Beneficial Finance mortgage, you should write to them at this address:
HSBC Mortgage Services
Policy and Compliance Support
636 Grand Regency Blvd,
Brandon FL 33510
(800) 333 7023
If you have a complaint let them know by […]
As reported by Household - HSBC Watch, there are new names for Household - HSBC Finance in 2005:
HOUSEHOLD AUTOMOTIVE FINANCE CORPORATION (”HAFC”),
HSBC BANK USA (”HBUS”) AND/OR
HSBC MOTOR CREDIT (USA) INC. (” HSBC”)
Consumers should be aware of these names when shopping for financing. It has also been reported that if the finance companies mentioned […]
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 […]
Household and HSBC were accused of crediting payments “late” for almost ten years, from 1994 through 2004. Did the fraud stop? This is from December 31, 2004:
“”Had I not initiated contact with HSBC - Household, they would still be reporting me delinquent. They claim the incorrect address was harvested from my credit […]
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? […]
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An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
We use your individual HSBC complaints and merchant complaint reports to perform trend analysis.
We are not associated with HSBC, Household International, or their merchants.
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