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Another law suit for HSBC in Canada

Here at Household - HSBC Watch we thought HSBC was operating blindly before the mortgage crisis hit. Here is more evidence to that fact. Mining company First Quantum Minerals Ltd is suing HSBC Bank Canada for negligence and breach of contract, claiming that the bank recommended investing in asset-backed commercial paper shortly before […]

FICO Score Plummets When Account Balance Omitted

A recent article reported that one’s FICO score can drop by more than 65 points if your credit card company does not report your limit to the three major credit bureaus. The omission can be costly when you apply for credit. Capital One omits the information. Equally costly, according to Household […]

HSBC illegal late fees unmasked

Hongkong and Shanghai Banking Corporation (HSBC), the parent company of predatory lender Household International, is making inroads into the United States. Already a banking giant with locations around the world, HSBC purchased Household International and therefore accepts the responsibility for the once troubled lender.

Allegations in one of most recently settled lawsuits against Household (Shea […]