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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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HSBC Account Secure Plus scam revealed

CC in New Jersey said: “I have had a HSBC Credit Card for about 3 years and only had it for emergencies. So there was very minimal charges on it, if any. It was always paid on time. Then I get my HSBC statement in the mail and they opt-ed me in for Account Secure Plus (which I did not even sign up for). I called them up and cancelled the damn thing. Then I get my statement a few months later and it wasn’t cancelled! And a late fee! $75.30 Charge!”

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