Bill Collectors Calling on Sunday

Bill collectors are not allowed to call after 9 at night and cannot call on Sunday – or so you thought. If it happened to you see our “Your Money” page to see how much you can charge them because of their violation. The FDIC tells them so – use this link to see the law.

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HSBC Fraud and Predatory Credit Remains Unsolved

Is this a forged dual-application from Best Buy? A lack of communication within the family? It is, however, a good example of their MarterCard application which claims “$0 to $99 fee” which is usually $99 no matter what. For new merchants, this poses a problem. Will Liz Claiborn and Saks customers appreciate it when money disappears from their bank accounts? Watch for more fraud and more credit scams from HSBC this holiday season.

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HSBC Apparel Merchants May Report More Losses

Watch for the possibility that more of HSBC’s merchants in the apparel industry may report more in a continuing string of losses. Higher fuel prices and less discretionary income, combined with credit cards from a predatory lender, may mean more dismal quarterly reports.

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