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HSBC is cutting back in the U.S. after its 2003 purchase of Household International Inc. required it to set aside more than $65 billion for bad loans

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Boston Store credit card account warning

PB in Wisconsin said: “I went on line two days before my bill was due to pay it and was told that I had to pay a $39.00 LATE FEE because they can’t get to all of the on line payments in a timely manner so you have to pay on line at least 5 days before it is due!! I called and got nowhere with the service person. I had to run to a Boston Store 30 miles from my home to pay the bill in person AND closed my account! The whole purpose of paying on line is to pay INSTANTLY! What will they think of next so they can pile fees on people! DON’T USE BOSTON STORE CARDS – IT’S A RIP OFF!!”

Posted By Timothy Blake

HSBC Watch is a watchdog and consumer activist coalition.

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UPDATE NOTE: HSBC car loans were sold to Santander USA in 2010 :: Most HSBC credit cards became Capital One credit cards in 2012 :: HSBC horrible predatory home mortgages are in run-off