WK in Illinois said: “I have followed the entries on your website for several years and I can understand why HSBC customers and employees feel the way they do. I was employed at HSBC for 10 years in the HFC and Retail Services divisions of Household International which later became HSBC Finance. […]
Seen in the comments section of Market Watch: “Companies like HSBC should be run out of town. They are crooks. Try getting them on the phone about an error. I hope they go broke.” The article is titled “Wednesday’s Personal Finance stories” and the actual web page is titled “credit-card gripes grow, but […]
This is a classic example of how the subprime mess spun out of control. It is a classic example of how state regulators are continually frustrated by federal regulators and their desire to overrule state-level laws. Anyone who thinks they can get results from a local Better Business Bureau, when federal and state […]
The History of Sub-Prime and Predatory Lending, approximately 30 pages in PDF format, is revised for 2007. This educational and informative document is written as a lesson plan for educators, but is also prudent for anyone that wants to learn about the subject. At the same time The History of Sub-Prime and Predatory […]
When considering recent issues with General Motors, identity theft and the GM credit card, combined with the high cost of fuel and slowdowns in the auto industry, one must ask if General Motors is considering the sale of General Motors Acceptance Corporation and GMAC’s residential mortgages. Intelligent minds conclude that GM would not turn […]
Due to a record number of complaints about Household International and HSBC our programmers added a “related topics” link to the forums. Now whenever you view a complaint or read a horror story similar related issues will be listed. To read those issues, check for trends, or further examine what happened just click […]
Some of the collection agents who call several times a day are mostly downright harassing. The collection agents have said to me “You shouldn’t have bought a house that you couldn’t afford”, why don’t you have a garage sale to make the payment,” “You should consider handing your deed over to us”, “Aren’t you ashamed?, […]
IS HSBC calling your home or business as much as 30 times a day? One family, in three days, received more than 38 calls generated by 32 different numbers. All of the numbers were from within Household International, the disgraced predatory lender now owned by HSBC. All came from the 847 area […]
Here is an excerpt from a customer report. If this practice by HSBC (Household International) doesn’t attract the attention of the Justice Department, Office of the Comptroller, FTC and Federal Reserve Board we will be shocked. Here is his horror story:
“”I wanted to have my payments auto debited each month so they […]
According to a Reuters report, Interpublic Group of Cos. Inc. said on March 15, 2005, it would defend its advertising account with General Motors Corp. , which has put its ad business, estimated to be worth at least $2.8 billion, up for review.
According to consumer advocates at Household - HSBC Watch, which monitors predatory […]
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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.
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