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HSBC - Mailing of Statements Now More Questionable

If you thought HSBC was not mailing your statements to you, or if they did they mailed them too close to the due date, watch out. The US Postal Service and the predator now have an agreeement to cloud your issue even more.

http://ribbs.usps.gov/files/fedreg/prc2005/05-4111.TXT
I. Background: The Baseline Capital One Negotiated Service Agreement,
Docket No. MC2002-2
[…]

HSBC USA buys HSBC retail credit card loans

May 17–HSBC USA, the immediate parent of HSBC Bank USA in Buffalo, said costs from the purchase of credit card loans from former disgraced predatory lender Household Internatioanl kept net income for the first quarter flat, even though the bank made more loans and took in more fees. Household is now owned by HSBC. […]

Our letter for your lender, RE: HSBC

(Send to your new lender)
Letter to Support a Credit Application:
From: Household - HSBC Watch, Consumer Support Division

Subject: Additional Support Documentation
Distribution: This document may be distributed by the recipient
Copies: Signed official copies provided upon request
Executive Summary:
HSBC-RS , HSBC Retail Services is a large “Private Label” credit provider. This means that store charges with Best Buy, […]