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Half of Identity Theft Involves Credit Cards

Here at Household - HSBC Watch we receive many complaints about HSBC which cause people to worry about identity theft. HSBC NV or HSBC RS on their credit reports cause problems, as well as HSBC’s marketing tactic which tells people their “application” cannot be approved when in fact there was no application. Here […]

HSBC Customer Care Ranks Worst

As recent opinion in our blog said:
“Their customer care, as they like to call it, - Where is it? HSBC HAS THE WORST CUSTOMER CARE! I have never received customer service like this. I plan to cancel all credit cards with HSBC. You read their website with false statements claiming “customer service is […]

Weak Credit Card Results May Hit HSBC

Citigroup Inc. , the largest U.S. bank, on Friday reported quarterly profit that missed analysts’ forecasts, as weaker credit card results offset investment banking growth. Much of the U.S. banking sector has suffered from narrowing margins, or the difference between borrowing and lending costs, as the Federal Reserve pushes up short-term interest rates.

HSBC credit […]

HSBC Finance Corp Income Down, Excuses Don’t Add Up

As predicted by our analysts here at Household - HSBC Watch, HSBC’s predatory profit is down. But first, read this article from Saturday, October 1st 2005 in which HSBC said less than one percent of accounts were effected by hurricane Katrina. Now read the newest news release below. Who is lying? […]

Are GMAC Mortgages or GMAC for Sale?

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 […]

New HSBC NV Forum Created

A new dedicated forum for HSBC NV was created on October 17, 2005 within the HSBC Watch forums. Many consumer complaints indicate HSBC NV is now on their credit reports as identity theft or credit card fraud. Although many reports about HSBC NV are found by searching our website, the problem with HSBC […]

Popular HSBC Watch Blogging Pages

These are the current top stories based on visitor demand:

Most Reads Per Day

Is HSBC-NV Identity Theft or Simple Error?Tot: 151, Avg: 38, Max: 43
Andrew Armishaw Needs to Explain hrsaccount.comTot: 130, Avg: 32, Max: 38
Regarding Sherman Acquisition Collections and NAFSTot: 116, Avg: 29, Max: 37
HSBC Retail Services Carol StreamTot: 77, Avg: 19, Max: 30
United Recovery SystemsTot: […]

Private label program shifts to HSBC NV

“Polaris Industries and HSBC Bank Nevada” said the press release. “HSBC will continue managing the Polaris private-label credit card program” it also said. HSBC Nevada is HSBC NV, the source of many complaints and reported identity theft. Formerly reported to credit bureaus as HSBC RS (retail services) many customers now see HSBC […]

ID threat triggers exodus from online banking

In an article by Andrew Ellson, Times Online, he said “Research seen by Times Online shows that the public is getting increasingly reluctant to use internet banking as they become more concerned about the risk of identity theft.” In response to the article consumer watchdog organization Household - HSBC Watch said HSBC consumers would […]

GM Considers Sale of Their Mortgage Business

On May 26, 2005, more news about General Motors (GM) and their troubles added fuel to the fire. GM already tasks predatory lender Household International, now called HSBC Finance Corporation, with processing and handling the GM credit card. Missing records and identity theft issues were traced to the GM card. “Our point […]