World Banking World Fraud by John Cruz

Here at Household Watch we got our start monitoring and writing about predatory lender Household International. Then HSBC bought the predator, thus we have almost eight years of HSBC material. Now a new book by a former HSBC insider brings new material to light. It does not shock us at all. John Cruz just released …

Household Life Insurance as part of HSBC Finance

We are not interested in ratings by A.M. Best. What we are interested in is Household Life, who owns it, and how many holding companies one must go through. Household Life is one of the last remaining reflections of Household International, owned by HSBC since 1993. A.M. Best Co. has affirmed the financial strength rating …

UMUC still aligned with defunct predatory lender

Today we revisited the University of Maryland at UMUC. The tie-in involves Household International and HSBC Finance. We examined the story long ago, openly stating that UMUC had no business aligning the university and the U.S. military with a predatory lender. Through it all, and as HSBC Finance closes their doors forever, UMUC still maintains …