HSBC Braces for Another Big Loss

Further proof that the John Bond – William Aldinger Household International deal of almost five years ago was a stinker is about to slap HSBC hard. Left to there own predatory devices Household International would have gone bankrupt in 2003. As proof of how bad Household International was, it took most other subprime lenders until …

HSBC Finance Caused Their Own Problems

One complaint to Household – HSBC Watch simply said “My interest rate was suddenly increased over the last 6 months. Also my bill indicates a late payment when all of my payments have been on time.” In that case the person mailed their credit card payment to HSBC on the 7th of the month and …