HSBC protection plan demands national fraud investigation

MM in North Carolina said: “Sometime during 1999 and 2000, I applied for Seamans furniture credit. Upon approval, Seamans also offered the option for credit protection. I accepted both the credit and the option for payment protection on the account. The protection plan option was initialed via Seamans internet website and subsequent paperwork received. In …

Do you want a Best Buy card? Think Again says this report

Do you want a Best Buy credit card? Will you shop at Best Buy this holiday season? Perhaps you should think again. Many customers say or think “This will ever happen to me.” Many customers are wrong. Compared to other merchants who use HSBC for credit card financing Best Buy Stores Inc. seems to be …

See how HSBC treats hospitalized customer to repossession

GR in Arizona said: “In December 2006 I became disabled due to a minor accident but continued to make my payments on my Suzuki motorcycle account. In March 2007 I was informed that a secondary problem had developed and that I would be hospitalized for major surgery. I April 2007 I attempted via 3 letters …

The path to foreclosure included HSBC’s Beneficial

Some lenders want borrowers to pay Private Mortgage Insurance to insure the lender against losses if they don’t put 20 percent down. But their lender didn’t require that of the Pittses. Instead, Beneficial Mortgage, the company handling the first refinance of the house in 2000, sold the couple life and disability insurance, which aren’t required, …