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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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Typo can be costly for HSBC’s Bon Ton customer

CL in Pennsylvania said: “HSBC is trying to stick me with fines and fees because they claim I did not enter my correct bank account number when I paid them online. This is my first run in with them – they are in charge of my Bon Ton Card. When I asked them for a copy of this “incorrect payment” they put me on hold for an hour and then hung up on me! Plus, they are charging me $45 in fees for this supposed error they refuse to prove!”

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