No matter what name you put on it - predatory lender Household International or HSBC (they are the same company) K-Mart has aligned their customers with the troubled credit card operation in an attempt to build “K-Mart customer loyalty.” Is K-Mart headed into bankruptcy again after this move? Time will tell.
November […]
Consumer Watchdog Organization HSBC Watch, formally Household Watch, informed news services in the United Kingdom of another article about HSBC’s troubled lender Household International.
The article entitled “Mortgage borrowers file RICO lawsuit” first appeared in the Nashville Tennessean on October 25, 2004. It is found here:
http://www.tennessean.com/local/archives/04/09/60293750.shtml?Element_ID=60293750
It is not the first time Household International […]
Saks, which now has a contract with Household Retail Services, the predatory lending subsidiary of HSBC, posted a loss for the second quarter of 2004.
Although sales were up, Saks stock is down. Saks rating was changed to “sell.” Seems the public got the idea before Birmingham Alabama based Saks did. Bad idea […]
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An open letter to HSBC, Knight Vinke and Stephen Green
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.
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