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The National Training and Information Center once said practices cited as predatory by state and federal officials are likened to Third World “slash and burn” land clearing techniques. “These companies, like Household International, CitiFinancial and others have no regard for customers, community well being or family values” said consumer advocates at Household – HSBC Watch. “Look at the lawsuits at collection agencies, predatory lenders, and credit card issuers and one can see where they cross the line established by regulators, the law, and the ‘resonable person’ theory of law” said the group.
This article, Household International Third World Slash and Burn, is just one of our articles from our Bank Horror Stories, HSBC Secrets Part 3
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