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The internet payment fee at HSBC Finance has a new name. HSBC calls it convenience surcharge! Is a new name in the works for HSBC’s high-cost $15 telephone payment fee? As one customer pointed out (see Northern Tool complaint) there is nothing convenient about HSBC’s so-called convenience surcharge if there is no quality [...]
Major mortgage lenders have agreed to streamline and speed up the process for assisting distressed homeowners, according to new guidelines set to be released today (June 17, 2008). We will monitor complaints in relation to promises. Under the guidelines, the lenders would acknowledge a borrower’s request for help within five business days and [...]
HSBC Group is to terminate all second charge mortgage lending through its intermediary brand Endeavour Personal Finance, which is part of HFC. EPF was operated as a division of HFC Bank, which HSBC bought as part of the purchase of alleged predatory lender Household International. Similar to the closing of facilities in Jacksonville [...]
Iran has withdrawn around $75 billion from Europe to prevent the assets from being blocked under threatened new sanctions over Tehran’s disputed nuclear ambitions, an Iranian weekly said. Where will Iran put the money? We researched news articles from Manama Bahrain and other Middle East nations. We must raise the question on [...]
National financial organization HSBC North America Holdings Inc. is closing a subsidiary operation in Jacksonville Florida and laying off approximately 240 employees. The facility on Vantage Way South supported the HSBC Finance Corp. Card & Retail Services. Employees were notfied last week and they were given a 60-day notice. This action [...]
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