• Report: #393785

Complaint Review: Beneficial HSBC

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  • Submitted: Fri, November 21, 2008
  • Updated: Fri, November 21, 2008

  • Reported By:Independence Missouri
Beneficial HSBC
PO Box 4153-K Carol Stream, Illinois U.S.A.
  • Phone: 816-478-1880
  • Web:
  • Category: Loans

Beneficial HSBC Lied about the type of loan. Carol Stream Illinois

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When I took out the loan I asked if I paid (X) amount of dollars each month in two years could I exspect it to be paid off. I was told yes. I have paid every month for three years and have paid $12,000 on this loan and it has not budge! I then wanted to know why? I was told it is an open ended loan. It will never get paid off, it's nothing more than a pay day loan. That I need to pay about a $1,000 a month to see a differance. I then tried to get it changed to a closed ended loan and they said my credit isn't good enough. Bull!! What I pointed out was my credit was good enough to get the first loan then what has changed? I have paid my bills every month. I have tried everything to get them to work with me,I want to pay what I owe, But they have made it impossible.I am now layed off and at this point I have nothing else to loose.

Although I have gotten screwed please listen to me DON"T DUE BUSINESS WITH THESE RIP-OFFS. THEY ARE HEARTLESS.

Crystal g
Independence, Missouri
U.S.A.

This report was posted on Ripoff Report on 11/21/2008 05:13 PM and is a permanent record located here: http://www.ripoffreport.com/r/Beneficial-HSBC/Carol-Stream-Illinois-60197/Beneficial-HSBC-Lied-about-the-type-of-loan-Carol-Stream-Illinois-393785. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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