Report: #385328

Complaint Review: Beneficial - HSBC

  • Submitted: Mon, October 27, 2008
  • Updated: Mon, October 27, 2008
  • Reported By: hatboro Pennsylvania
  • Beneficial - HSBC
    409 W. County Line Ave
    Hatboro, Pennsylvania
  • Phone: 215-443-9902
  • Web:
  • Category: Loans

Beneficial - HSBC Deceptive Tactics and Predatory Lending Practices. Hatboro Pennsylvania

Show customers why they should trust your business over your competitors...

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.

hatboro, Pennsylvania
Is this Ripoff Report About you?
Ripoff Report A business' first line of defense on the Internet.
If your business is willing to make a commitment to customer satisfaction Click here now..

Does your business have a bad reputation? Fix it the right way. Corporate Advocacy Program™

Set the record straight: Arbitration Program

SEO Reputation Management at its best!

This report was posted on Ripoff Report on 10/27/2008 01:52 PM and is a permanent record located here: 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. READ: Foreign websites steal our content

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
Ripoff Report Recommends
ZipBooks Accounting Software

Advertisers above have met our
strict standards for business conduct.