- Report: #617390
Report - Rebuttal - Arbitrate
Complaint Review: HSBC RETAIL SERVICES - POLARIS STAR CARD
HSBC RETAIL SERVICES - POLARIS STAR CARDpo box 60107 Internet United States of America
HSBC RETAIL SERVICES - POLARIS STAR CARD Polaris Star Card Don't cancel your account Internet
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
If you cancel your account they will make your credit limit 0. You would think that this is good but... Next, they will show that you owe an outstanding balance, lets say $10,000. This is OK too. They will take the outstanding balance and subtract it from the available credit which is 0. This is nagative ten thousand dollars (-$10000). Now they report this to the credit agencies as you are $10000 over your credit limit. Now go to a bank and try to get a loan. You can't because this hurts your credit score severely.
Add this to the bogus charges, the fact that they are the only company out there that the US Mail system takes 3-4 weeks to send their statements out, and add their piss poor customer service.
How can a company do business like this? It is easy, our government is letting them do it. Try going to you consumer protection agency in your state and see what they do. In Idaho they do absolutely nothing but send your complaint to the company in question and ask them if they are doing anything wrong. They will deny any wrongdoing and the protection ageny will send you their response/denial and close the case even if they lied. Case closed.
This report was posted on Ripoff Report on 06/25/2010 05:44 AM and is a permanent record located here: http://www.ripoffreport.com/r/HSBC-RETAIL-SERVICES-POLARIS-STAR-CARD/internet/HSBC-RETAIL-SERVICES-POLARIS-STAR-CARD-Polaris-Star-Card-Dont-cancel-your-account-Inter-617390. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.