Household HSBC Watch

Electronics retailer Best Buy Co. said Tuesday it extended a multi-year strategic alliance with financial services company HSBC Finance Corp. Financial terms of the deal were not disclosed. Shares of Best Buy dropped 70 cents to $47.65 in afternoon trading. Perhaps shareholders were not happy with the decision.

Consumer advocates were not […]

Many suspect a racketeering case will eventually include electronics retailer Best Buy and HSBC. At issue is ongoing compensation to Best Buy due to payments HSBC says are “late” when in fact they are not. However, Best Buy is already wrapped up in a racketeering case, this time with Microsoft. In the […]

HSBC’s largest credit card customer is having a tough time lately. Best Buy Stores uses HSBC Finance for the Best Buy credit card. Will your payment will be processed ‘late’ even if it is not, making an additional $39 for Best Buy and HSBC? Some say it has been happening all along.

Best […]

HSBC Mortgage Services plans to close its collections call center in Orlando and eliminate nearly 110 jobs locally, the company said this week (April 6, 2007). The Charlotte-based mortgage business of HSBC North America said it would move the work and an undetermined number of jobs to a similar operation in Tampa. HSBC […]

I signed up for Best Buy card and there was a question would you like to sign up for master card. No terms and condition nothing. Then on the statement I found out it has 19% apr and my credit score is pretty good, next year for no reason no late payments nothing […]

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 […]

Nick White, the head of personal finance for uSwitch.com, has branded the new cashback loan from HSBC a “phantom offer” for many borrowers. The unique offer is intended to reward ‘loyal’ loans customers who borrow from the bank and keep to the original terms and conditions of the loan, specifically the length of the […]

The following evolved into a dedicated page. Read “The HSBC Killzone” to see how this evolved.

A question often asked by those harmed and hurt by HSBC is how they determine who to hurt financially. Early in the investigation one could not determine if people were targeted by their credit scores. Common sense […]

With only 194 votes so far, a disturbing trend can be seen. A full 78 percent rate their HSBC credit card as either “poor” or “totally unprofessional”. A Household - HSBC Watch poll simply asked people to rate their HSBC backed credit card. The poll is shown on each article and […]

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 […]