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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 Auto fails to apply payments to principle

AM in New Jersey said: “I have an auto loan with this horrible, repulsive HSBC company. They are NOT applying my payments toward the principle, do not have a copy of my loan agreement and harass me so severly I changed my phone number. I recently reported them and sought legal council, I am not afraid of them, they will be found out about.”

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