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5th day of HSBC computer problems

HSBC computer problems continue for a fifth day as customers nationwide deal with the frustration. Last Sunday pat of HSBC’s computer system failed “for unknown reasons” and failed to track deposits and withdrawls. Some customer balances are still not correct today. Bank spokeswoman Linda Recupero reiterated that “most all of the impacted […]

Major credit agencies adopt uniform score

EILEEN POWELL of the Associated Press said:
The three major consumer credit reporting agencies announced Tuesday that they have created a new credit scoring system aimed at simplifying the loan process for both lenders and borrowers.

The announcement by Equifax, Experian and TransUnion said the new “VantageScore” was “a direct result of market demand for a more […]

Bank with us or Pay More Says HSBC Threat

Becky Barrow, Daily Mail, 19 December 2005
BRITAIN’S biggest bank has slapped a ban on rival customers at peak times. HSBC has put up signs in its 1,500 branches warning that other account holders will not be served between 11am and 2pm.

It insisted yesterday that the unprecedented move was meant only to improve the service […]