Archive for the 'Credit Report Issues' Category

How a reduced credit limit hurts credit scores

An Ohio resident said: “To all HSBC customers with credit lines. Be careful of the credit line reduction, make sure you have no outstanding checks as this will cause you to be over the new credit limit giving HSBC further reason to charge extra fees. When they reduce the credit limit that […]

Had HSBC account for 15 years, closed for inactivity

DJ in Minnesota said: “I had an HSBC account for 15 years, never made a late payment SO they closed it for “inactivity”. This puts a huge hole in my credit report. I paid off the $10,000 balance exactly 1 year before they closed it. This was my oldest account and […]

HSBC credit card with $300 limit

SG in New York said: “I have had a HSBC credit card since March 2008. I make my payments on time and much more than the minimum. Although it may not be important to you, I am hard at work establishing a good credit report and score. The $300 limit is […]

HSBC on credit report for no reason says Kansas resident

SC in Kansas said: “I just checked my credit report and found HSBC on my report 20 times. Someone has been applying for credit over 20 times on my credit. I do not know who HSBC is. I did not apply for anything with this company nor have I applied for anything in the […]

Missouri resident finds Best Buy and HSBC on credit report

BH in Missouri said: “I was just checking out my credit report and noticed this HSBC/RS. I was like what the blank is that…so I put it in my search browser and this is why I am here. Apparently they are affilliated with Best Buy? I don’t even have a Best Buy near me. […]

HSBC reports Boscov account incorrectly as chargeoff collections

MY in Maryland said: “I pulled my credit report and there seems to be an error. I am showing this account as an “Adverse Account” due to charge off/collections and closed in 5/2008. This account is still very much active and my payment is always paid in full and on time. This is damaging […]

HSBC customer declares bankruptcy

RW in Florida said: “I had a lot of problems with HSBC and/or the other companies in HSBC crooked billing procedures. I am from London England and now live in Florida. I came to the point that I have had enough of HSBC and such. I solved all my problems with the crooked buggers […]

HFC Beneficial unsupervised inconsiderate jerks

BP in Minnesota said: “I have been receiving calls from HFC Beneficial for over 7 years! They keep asking for a woman that I don’t even know and I tell them she is not here and never has been and please don’t call here againn! I am on the don’t call list […]