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HSBC past, present, and future in the U.S.

HSBC Holdings PLC isn’t interested in buying Morgan Stanley, a person familiar with the bank said Friday. “HSBC has made clear in the past that buying an investment bank is not on its agenda,” the person added. “HSBC feels Morgan Stanley is not worth pursuing.” It appears as though HSBC is not interested […]

Opportunistic marketers pushed laws to the limit

Shifting political sands in America and Europe, especially after the 9-11 terror attacks and concerns of a probable slowdown in developed economies are encouraging Islamic investors to turn their focus into growth economies like India and China. Saudi Economic and Development Company (Sedco) and Bearys Group have come together to invest $20 million for […]

HSBC Says Check Your Credit Report - Ironic

While discussing the FACT Act: “HSBC advises consumers to check their credit report at least once every six months to catch any inaccuracies.” One study by the National Association of State Public Interest Research Group shows that almost 25 percent of all credit reports have errors serious enough to result in a denial of […]

Is Household coming to your campus?

Why is predatory lender HSBC looking at college students and UMUC?
Having saturated the working adult population with credit card offers, credit card companies are now banking on a new market: college students. Under regular credit criteria, many students would not be able to get a card because they have no credit history and little or […]

Open Letter to Visitors

This letter explains our research and complaint gathering methods.
Open letter:
To Whom It May Concern:

We are an independent research study which solicits information from those who financed purchases from various stores that use HRS (Household Retail Services) as their method of financing.
Specifically, we are gathering factual reported cases from consumers that financed on a 6 […]