• Report: #288968

Complaint Review: HSBC Beneficial

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  • Submitted: Tue, December 04, 2007
  • Updated: Sat, March 01, 2008

  • Reported By:Bethesda Maryland
HSBC Beneficial
Post Office Box 4153-K Carol Stream, IL 60197 Carol Stream, Illinois U.S.A.
  • Phone: 615-859-3821
  • Web:
  • Category: Loans

HSBC Beneficial I was charged a very high interest rate and had to keep on paying and paying. Carol Stream Illinois

*UPDATE EX-employee responds: huh?

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Beneficial charged me a very high interest rate causing me to have pay double the money I borrowed

Bethesda, Maryland

This report was posted on Ripoff Report on 12/04/2007 05:13 PM and is a permanent record located here: http://www.ripoffreport.com/r/HSBC-Beneficial/Carol-Stream-Illinois/HSBC-Beneficial-I-was-charged-a-very-high-interest-rate-and-had-to-keep-on-paying-and-payi-288968. 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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#1 UPDATE EX-employee responds


AUTHOR: Kristi - (U.S.A.)

Did you not know what the terms were when you got the loan? Did you sign the paperwork without knowing what the terms were? Did you shop around to get a better deal? Did not qualify with any other company to get the money and now you are blaming them for the loan they did give you? Did the loan not accomplish what you needed to do?

Unsecured personal loans are at a high interest rate with this company due to the charge off, delinquency, and risky credit/borrowers. But the terms and conditions are clearly explained to the customer and you sign paperwork with all the terms outlined. In my experience, people love to take the money, but they hate paying for it.
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