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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GM card worthless for car buying discount

RS in Texas said: “I have had a GMAC credit card for many years. When I first recieved this card, the original agreement was that for every purchase i made with this card, 5 per cent was going to be used off the price of a new GM car. In other words, if i charge $1,000 worth of goods with this credit card, i then would have $50 built up which would be deducted off the price of a new card.

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HSBC payments don’t arrive even with tracking number

LB in Georgia said: “I have been plagued with fees that are not correct. When I make a payment online the fee is dumped into the high interest rate category. Online payments thru my bank have quote unquote have not arrived and even with a tracking number they say it is not valid and I have to afford payment info these people are crooks but I have more.”

Texan identifies Best Buy HSBC scam

GG in Texas said: “This is the third time our household has fallen prey to this Best Buy scam. We receive the bill two weeks before it is due and then we mail it one week later with 5 working days before it is due. And everytime, late fee of $39 and 0% interest balloons to 21%. I pay it off quickly and swear never to do business with these crooks.”