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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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Posts Tagged ‘ out of business ’

24 April
Posted in Insurance Issues
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HSBC holds to 12 percent home loan in Florida

Val in Florida said: “We have our home financed with these SHARKS at HSBC and now we are doing a short sale we were never ever going to be able to pay them off anyhow. I have our so-called monthly statements and every payment we ever made HSBC put it [...]

16 February
Posted in Fraud Issues
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89-year old involved with fraud payments to HSBC

BMin texas said: “this is a complaint with regard to my father’s Credit Union account. He is not now, nor has he ever been a customer of HSBC RS, however he was a victim of their practices this month. In the course of monitoring his checking and savings accounts he [...]

4 January

HSBC cosigner now has no credit

TM in Utah said: “I co-signed a loan for my daughter (redacted) some 5 or 6 years ago with Beneficial Loan in Salt Lake City, Ut. Beneficial never sent me a copy of the loan contract or any intermittent statements as to what payments were posted. I know my daughter [...]

4 December
Posted in Foreclosure Issues
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Beneficial balance not going down so HSBC may get my keys

Valeria in Florida said: “My husband and i have a mortgage with Beneficial (HSBC) and this is the worst company that there ever was, we have been paying 1102.69 for 4yrs now and it is still showing $103,000. The balance is not going down one bit. We are behind on [...]

9 November
Posted in Mortgage Issues
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HSBC Beneficial mortgage lower rate, but no offices open, out of business

KB in Louisianna said: “In 2/2009, we reached the two year mark which qualified us for a lower mortgage interest rate. We called to set up an appt and was told someone would call us back the next week. The next week, we found out that HSBC/Beneficial had closed its [...]