Hsbc
Terrible experience

Business & Finance

I admit, I'm the fool, I fell for it and now I'm paying the high price of 25% interest rate. I got a check for $3000 dollars for an unsecured personal loan. I threw it out. I kept receiving the same offer for about 6 months. I needed to help out a family member, so I finally bit. I went to the local office to fill out paperwork and low and behold they would increase my credit available to $10000 but my finance rate would be reduced to 7.9% after a year of on time payments. I paid off a 14% credit card believing I'd be paying only 7.9%. It's been a year and a half. I have automatic payments, so they are always ontime. They will not lower my rate and said they never said that they would. I am now into them for over $14000 because of the ridiculous method of APR. How do they sleep at night. To add insult to injury, the also charge me an annual fee of $49. Rude when you call them and flat out liars and cheats. Bookies and laonsharks treat you better.


Company: Hsbc
Country: USA
Site: hsbc.com
  <     >  

RELATED COMPLAINTS

Beneficial - HSBC
Deceptive Tactics and Predatory Lending Practices

HFC, Household Financial
Misleading Unknown, Was Springfield

Household finance
A.P.R. Vs. Contract Rate buffalo

Care Credit/GEMB
Care Credit / GEMB The APR for this credit card is almost too high for anyone to pay (21.98%). Payments are not going anywhere

Hfc
Household finance predatory lenders loan balance never decreases!

HSBC Mastercard
Company wants to raise my interest to 30%

Drive Financial
Watch out for this company they will charge high interest rate and talk very rude

Hsbc Auto Finance
RIPOFF Car loan at an extremely alarming high interest rate with NO chance of lowering with excellant payment history

Bank of America
Awful bank

Debitcated Consumer Counseling
Liars! Rip-offs and Broken Promises