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Phonics, Preparation H, and Rodney King for all of us please

Spelling lessons for everyone I say. An HSBC employee thought it prudent to comment on the misspelled words in our complaints blog. Needless to say we have many more emails now, since I published the suggestion. What the employee failed to consider are the reports we receive from HSBC employees and former […]

National Assn of Attorney’s General asked to revisit Shea vs Household

The final outcome of Shea vs Household was as follows, and is filed in Superior Court for the State of California, Case Number 00CC12585, published March 19, 2004. The Honorable Stephen J. Sundvold presided.

The lawsuit alleged that Household imposed certain finance charges, late fees, a overlimit fees between October 20, 1994 and March 18, 2004 […]

Clarification on 950 HSBC layoffs

We have many questions lately about an article we ran a few days ago. According to insiders there have been layoffs at two HSBC locations. Reports are still unconfirmed, thus you should consider this to be rumor or speculation until we see it in the news. Here is what we were told […]

New Jersey Takes Predatory Lending Seriously

If you mailed your payment to HSBC on the 7th, as an example - and it was not credited until the 18th of the month, while you received a late fee, overlimit fee, and a pay-by-phone fee, 12 phone calls from India and a slap in the face, you may have recourse. This is […]

Best Buy Card and HSBC Scam in Detail

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 […]

DOJ and IRS Visit Household - HSBC Watch

Both the Department of Justice and the Internal Revenue Service visited our website today. The IRS researched 1099 C (cancellation of debt) while the DOJ researched ‘HSBC Consumer Alert’. Since both areas are fully researched and documented by our staff we have material dating back to the old days when […]

How HSBC Complaint Trend Analysis Works

Household - HSBC Watch performs trend analysis based on customer input such as customer complaints and experiences. When data is received from one customer it is compared to previous reports. When specific areas of concern begin to surface they are flagged for investigation. Let’s use a simple example:

(1) 50 reports are received […]

FTC - Free Credit Report Legal Website Only

The Federal Trade Commission said AnnualCreditReport is the only valid free credit report service. Experian, a credit reporting agency, was found guilty of fraud as they advertised free credit reports, but in reality consumers were charged when they didn’t cancel the service within 30 days. “The website above is the real one, and […]

Suicide Bomber Reported Outside HSBC Canary Wharf

By KATIE ROOK, Thursday, July 7, 2005 Updated at 11:34 AM EDT, a Globe and Mail Update: “From the 18th floor of Canary Wharf in London, Canadian Brendan Spinks could see a “massive rush of policemen” outside the building Thursday after the city was rocked by terrorist attacks. The Internet in his office had […]

Sub Prime Delinquencies Soar

While overall mortgage delinquencies dropped in the first quarter of 2005, subprime delinquencies rose. Advocates at Household - HSBC Watch explained that one factor may be, under international accounting rules, that HSBC (formerly Household International) Finance Corporation is required to report home mortgages correctly for the first time in years. “During their transition […]