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 to their very high interest rates…which by the way is 12.75 percent.
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 discovered a discrepancy. His checking account had been emptied.
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.
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.
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 doors and was no longer making loans and would not consider lowering our rate. We have hit a hardship situation but haven’t been late on our payments….yet. Have called on three separate occasions and begged for loan modification. We have been told No! We kept up our end of the bargain by making payments on time for two years….we are entitled to a lower interest rate.”