Testimony
Former employees of predatory lenders have testified to a consistent pattern of falsified loan documents and forgery. As one ex-employee told a 1998 U.S. Senate hearing: "The pressure to produce loan volume and insurance sales is so great that on many occasions, I've seen finance company employees commit forgery on a massive scale. These employees have forged everything from insurance forms, RESPA documents, income verification forms, and even entire loan files."[24]
Overview - Reporting
Please let us know if you had trouble rectifying any identity theft issues. Here is an article by Susan Kuchinskas:<br>
http://www.internetnews.com/ec-news/article.php/2224731
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If Household (HRS) or Best Buy failed to correct the issue to your satisfaction, please report it here
Levitz
Levitz Home Furnishings, Inc. is the parent company of both Seaman Furniture and Levitz Furniture Corp. Household has managed Seaman's private label credit card program since 1997 and the Levitz program since 1998.
Last post by tblake35808 Wed Dec 22, 2004 11:47 am
Rainsoft
Rainsoft is Aquion Water Treatment Products, Aquion Partners L.P. corporate facility in Elk Grove Village, Illinois. Rainsoft uses dealers and not all dealers use Household Retail Services for financing. The RainSoft division of Aquion Partners L.P. is headquartered at 2080 East Lunt Avenue, Elk Grove Village, Illinois 60007. Telephone 847/437-9400
Seamans
Levitz Home Furnishings, Inc. is the parent company of both Seaman Furniture and Levitz Furniture Corp. Household has managed Seaman's private label credit card program since 1997 and the Levitz program since 1998.
Bally Total Fitness
Bally, the nation's largest operator of gym clubs, sold 8 percent of its membership receivables portfolio to Household International Inc
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1 Posts
Last post by tblake35808 Wed Dec 22, 2004 12:02 pm
Saks
Birmingham Alabama based company financed by Household. The Saks Department Store Group operates stores including Parisian, Proffitt's, McRae's and Younkers.
Microsoft
Household finances seat licensing and other software for Microsoft. Microsoft cold do it themselves instead of turning to a predatory lender. Referred to by Household as a commercial partnership. Others include Best Buy and Costco. Post Microsoft horror stories here.
Last post by tblake35808 Mon Dec 27, 2004 12:34 pm
Oak Express
Furniture Row brands include Oak Express, Sofa Mart, Bedroom Expressions, Denver Mattress, all financed by Household
1 Topics
1 Posts
Last post by tblake35808 Mon Dec 27, 2004 12:36 pm
Sofa Mart
Furniture Row brands include Oak Express, Sofa Mart, Bedroom Expressions, Denver Mattress, all financed by Household
1 Topics
1 Posts
Last post by tblake35808 Mon Dec 27, 2004 12:36 pm
Bedroom Expressions
Furniture Row brands include Oak Express, Sofa Mart, Bedroom Expressions, Denver Mattress, all financed by Household
1 Topics
1 Posts
Last post by tblake35808 Mon Dec 27, 2004 12:35 pm
Denver Mattress
Furniture Row brands include Oak Express, Sofa Mart, Bedroom Expressions, Denver Mattress, all financed by Household
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1 Posts
Last post by tblake35808 Mon Dec 27, 2004 12:28 pm
Galyan's Trading Company
Another specialty retailer financed by predatory lender Household. Signed the contract as Household was defending Shea v. Household, with full knowledge of thousands of complaints.
Bose
Bose Preferred Credit Card is Household International. Minimum Default APR 23.8%. The variable Standard Rate APR for Accounts which are kept current is Prime Rate + 12.5 percentage points (19.8%)
uBid
A majority-owned operating company of CMGI and leading retail auction and e-commerce site. Through the agreement, uBid customers will be able to apply for instant credit with no annual fee using the uBid card managed by Household Retail Services.
Saturn
Household's retail services business, part of Household International manages the private label credit card program for Saturn and its retailers. The Saturn Card extends the Household-GM relationship, which began with the 1992 launch of the GM Card, a program that now has over six million members.
Suzuki
Financing provided by Household Retail Services, Inc. - motorcycles, ATV's, scooter, Qua runners. IF you financed a deal and didn't get it post your horror story here so everyone can benefit.
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1 Posts
Last post by tblake35808 Mon Dec 27, 2004 12:47 pm
RC Wiley
R.C. Wiley Home Furnishings acquired by Berkshire Hathaway Inc. Warren Buffet's Bershire Hathaway and a company like Household International are not even in the same league.
Mitsubishi
Mitsubishi is known within Household as a partnership brand. Others include Polaris, Yamaha, GM, and Kawasaki. Place Mitsubishi horror stories here.
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Last post by tblake35808 Mon Dec 27, 2004 12:43 pm
Plunkett Furniture
Hoffman Estates, Illinois high end furniture retailer. Entered into a partnership with Household Retail Services in June 2004. Key names: Richard
Klesse and Hugh Plunkett.
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Last post by tblake35808 Mon Dec 27, 2004 12:56 pm
Nautilus Sleep Systems
Linked to the Bowflex website, Nautilus Sleep Systems is running television ads on ESPN and other stations. Household Retail Services financing.
HFC and Beneficial Discussion
"This is the worst thing I have ever seen in 30 years of practicing law," Parlette said. In addition, Chuck Cross, investigations supervisor for the state Department of Financial Institutions, said "These two companies, I believe, have the most complaints that we have on record," speaking of HFC and Beneficial.
Late Fees
As Household Watch stated, although there is no admission of guilt by Household, there are provisions and references to application of payments one day after the due date, dating back many years.
Social Responsibility
Discussion of the social impact of refund lending, high interest rates, and HSBC responsibility
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Suits, RICO, legal
Discussion of past and present legal aspects of refund lending
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HSBC Reputation
Discussion of HSBC and their reputation relative to their decision to take over refund lending from Household International, a subsidiary of themselves
