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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 double bills for Northern Tool account

RN in Virginia said: “I wish I had seen your report before I used my debit card on-line to buy from northern tools. I ordered a light on 10/18/2008 the purchase amount was automatically deducted from my acct at that time. On 10/24/2008 my item was shipped. I checked my account and found they had again charged my card for the exact same price. I contacted HSBC, telling them they had double billed me. They said the charge on the 18th was a temporary charge. That was a way to insure they get their money being it was a debit card. So as of now my account is short, and has not been refunded. HSBC has taken double the amount from me. Payment has posted so they got their money. No credit back to my account as of yet? They stole money right out of my account.”

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