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HSBC may lose tax refund loan business

On one hand HSBC spokesman Michael Trevino said tax refund loans “represents a very small portion’’ of HSBC’s revenue. On the other hand such loans represent bad publicity for HSBC, with interest rates sometimes over 100 percent. Lawsuits such as Carnegie vs Household, paid by HSBC in 2007, cast HSBC in a bad […]

Beware of Fake Credit Report Websites

(Colorado Springs, CO, July 28, 2005) - The Better Business Bureau of Southern Colorado, along with Colorado’s 18th Judicial District Attorneys Office is advising consumers to be very careful when ordering copies of credit reports on-line.

As more consumers learn about a new federal law that entitles every US citizen to obtain a free copy of […]

Household International and HSBC Telemarketing History

The national “do not call” list is welcomed by consumers and almost eliminates annoying interruptions at dinner. But Household International, and in one case their credit card merchant CompUSA fought consumer activists favoring “do not call” legislation in the early formative years. Examples:

“I received calls from Warrantech (an extended warranty company) after I […]

Demand Copies of Applications for Questionable Accounts

Is HSBC RS and HSBC NV showing up on your credit report and you don’t know who they are? The truth is they are HSBC Bank’s subsidiary, owned by a holding company of HSBC. They are former predatory lender Household International, now part of HSBC Bank. Demand a copy of the […]

WalMart’s Link to Predatory Lending

Shoppers may have noticed tax preparation kiosks in Walmart stores. You will see them again soon as Walmart and H&R Block have joined forces to increase profitability. H&R Block’s RAC’s and RAL’s, the popular but costly refund anticipation loans, are backed by predatory lender Household International. Household, now a wholly owned subsidiary of […]

Outsourcing Puts Your Financial Records Overseas

Everything about you, from your social security number to your home address, must be transmitted overseas if HSBC continues to moves jobs to India and other countries.

How will that data be transferred? Will the information be protected under U.S. laws, U.K. laws, or the laws of the country in which the records are used? […]

Outsourcing Puts Your Financial Records Overseas

Everything about you, from your social security number to your home address, must be transmitted overseas if HSBC continues to moves jobs to India and other countries.

How will that data be transferred? Will the information be protected under U.S. laws, U.K. laws, or the laws of the country in which the records are used? […]

Trans Union Corrections

TRANS UNION CONSUMER SOLUTIONS
P.O. BOX 2000
CHESTER, PA 19022-2000
RE: Error on my credit report, case of Household Retail Services

There is an error on my credit report. I am [name] and my social security number is [number.] The error is on my Trans Union credit report as follows:
This is why the account is in error:
Household Retail Services […]

Experian Corrections

EXPERIAN INFORMATION SVCS
P.O. BOX 2002
ALLEN, TX 75013
RE: Error on my credit report, case of Household Retail Services

There is an error on my credit report. I am and my social security number is The error is on my Experian credit report and is as follows:
This is why the account is in error:
Household Retail Services reports the […]

Equifax Corrections

EQUIFAX CREDIT REPORTING
P.O. Box 740256
Atlanta, GA 30374-0256
RE: Error on my credit report, case of Household Retail Services

There is an error on my credit report. I am (name) and my social security number is (number.) The error is on my Equifax credit report as follows:
(your data goes here)
This is why the account […]