A New Mexico resident asks this question: “I financed a vehicle through HSBC Auto 3 years ago. At that time I was employed and making decent money. I kept my payments current for 30 months and then I was laid off from work. My payments fell behind and of course HSBC began to threaten reposession.
Category Archives: Auto Loan Issues
Cycle World Glen Burnie Maryland and HSBC motorcycle financing gone bad
HL in Maryland said: “My girlfriend and I went and applied for a $7500 fixed motorcycle loan at Cycle World in Glen Burnie Maryland, May 6, 2006. after 16 months of payments I was concerned about my payments, the balance didn’t seem correct. I had paid $4000.00 in payments in 16 months and my balanceContinue Reading
HSBC overdrafts account, then puts money back
JS, state not specified, said “1st Complaint : HSBC Auto Took unauthorized money out of my account over-drafting the account. They later put the unauthorized amount back.
HSBC towed car instead of debiting funds for car payment
GP in Florida said: “My daughter paid some payments over the phone for an auto loan she was behind in, and was told everything was fine, but for some reason HSBC never withdrew the funds from the account. While she was waiting on HSBC to withdraw the funds, HSBC had her car towed.
HSBC CSR makes snide comment about America
Dave in Washington said: “I am one of the many unfortunate people that are victims to our economy. My unemployment insurance is on hold because my school did not report to the state that I was a student and part of the worker-retraining program. Because I have no income, I have not been able toContinue Reading