Effective Date March 9, 2004: GSI-Chelsea Solutions, Inc. (”GSI”) operates the web site, www.lizclaiborne.com, pursuant to agreements with LCI Holdings, Inc. (”Liz”). Liz Claiborne recently signed on board with questionable credit card processor Household International, now operating as HSBC Finance Corporation. But their web site allows you to open an account […]
Under rules established by Visa and MasterCard, processors cannot retain cardholder information after handling transactions. HSBC Finance Corporation, the new name of former predatory lender Household International, is a major processor for MasterCard. “This news does not pertain to private label credit cards” said Household - HSBC Watch, a watchdog organization.
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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.
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