Tag Archives: hsbc

Romanian Citizen Busted For $1.5 Million Fraud Ring Of HSBC Customers

Last Thursday it was announced that Laurentiu Ilian Bulat was arrested yesterday for allegedly participating in a fraud ring that stole at least $1.5 million from HSBC customer bank accounts by installing “skimming” devices on more than 40 ATMs in Manhattan, Long Island, and Westchester, New York. According to the Complaint since May 2011, the [...]

I Want to Pay HSBC But They Won’t Take My Money. – Steven

“Dear Steve, I have an account with hsbc I could not afford the crazy interest rates they imposed on me So I was paying what I could and they closed my Account, I want to commit to a repayment plan but They refuse to talk! What should I do? I am a government worker and [...]

Will HSBC Honor the Settlement They Agreed To? – Juliana

“Dear Steve, Hi, I have two HSBC credit cards and total balance of both cards about USD3600. I was a student back then, and now, I left USA for good to return to my hometown. However, I dont have a permanent job and my salary is about usd600 monthly. I couldnt pay my credit cards [...]

How Can I Settle My HSBC Credit Card. – Scott

“Dear Michael, Have an HSBC CREDIT CARD, have paid almost $237 in interest on a debt of $710, want to settle, make an arrangement, not in default, but in current status, how can I go about submitting an offer, to whom should I contact to settle the debt for less than the amount that is [...]

Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners

by Paul Kiel, ProPublica Pamela Jeter of Atlanta, Ga., has been trying to get a mortgage modification for more than two years. She seems like an ideal candidate. She has shown she can stay current with a reduction in her monthly mortgage payments. Everybody would seem to win. Even the investors who ultimately own her [...]

HSBC Gets Some Heat Over Ill-Marketed Payment Protection Plan

HSBC, “The World’s Local Bank,” is getting a lot of local and state-wide criticism today as suits are being filed against them for their poorly explained and ill-marketed “Payment Protection Plan”. Those especially impacted by this were wrongfully targeted and unqualified recipients of this plan including, retirees, people already on disability and part-time employees. – [...]

Is HSBC Screwing Consumers in Debt Settlement?

According to some of my debt settlement friends with the AACC, this HSBC dirty trick is real and they’ve seen evidence of it. It is alleged that HSBC has been setting consumers up to fail on their debt settlement programs, including those put forward by lawyers. The complaint says HSBC agrees to a debt settlement [...]

Class Action RICO Suit Alleges Tens of Thousands of New York Foreclosure Frauds Orchestrated by “Foreclosure Mill” Attorney & Banks

The following is a press release from the credit or debt world. The publication of this release by this site is not an endorsement of the release. New York, NY (PRWEB) August 20, 2010 On August 17, 2010, attorney Susan Chana Lask filed a Federal Class Action Complaint on behalf of tens of thousands of [...]

HSBC Withdraws Settlement Offer. What Can We Do About It? – Scott

“Dear Steve, My wife’s HSBC credit card balance was about $4,600.00. She received a letter in early February, 2010, saying that if she made a payment of $2721.00 (about 60%) they would write off the remaining $1900.00 (about 40%). The letter stated they needed the payment by February 17, 2010. My wife called HSBC and [...]

The Repo Man Took My Car for HSBC Bank. – Nesie

Nesie wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I Have an Account With HSBC And They Don’t Want to Settle. – Arvin

Arvin wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I Fired My Debt Management Company And Now I’m Going to Settle My Own Debt. Should I Hire a Lawyer? – Jannelle

Jannelle wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

New UK Debt Relief Trickery Now Labeled a Scam

Basil and Amanda Rankie in the UK took matters into their own hands when it came to dealing with MBNA, Capital One, HSBC, and other credit card debts. Using contract law in the UK they were able to get the court to nullify their credit agreements and wipe off their debt. This isn’t a new [...]

HSBC is Suing Me But I Already Told Them I Can’t Afford Their Minimum Payment. – Wayne

Wayne wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I Bought an HP Computer Using Their Credit Card But I’m Being Penalized – Karen

Karen wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]