There were fewer crooks in the 70’s RE HSBC

I spent over 25 years working as an attorney representing large commercial real estate lenders. I have little experience in consumer protection issues, since I didn’t represent consumers or banks who dealt with consumers. I had forgotten that Household Finance, successor to Beneficial, had received the largest fine for predatory lending ever.

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HSBC collections are loan sharks says customer

DG in Ohio said: “My husband and I have had some financial difficulties due to the economy. My husband had to take an 8.9 % paycut as well as I had a heart attack back in September. I have received a number of phone calls from HSBC Collections department regard our Motorcycle account and from HSBC Beneficial regarding a loan. They harrass you to no end.

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