ED Magedson – Founder
Hsbc Auto FinancePO BOX 5218 Carol Stream, Illinois United States of America
I purchased a
car (2003 Buick Century) with HSBC Finance in Oct 2003. The contract states 72
payments for a total of 6 years. In the past 6 years, I was 15 days late on my
payment ONLY 2 times and did pay the late charges shown on the payment the
following month. I also requested an extension twice in the 6 years so my final
payment was 2 months later than in the contract. I followed all the guidelines
for the late pmts and the extensions and was NEVER told there would be any
other fees incurred for the late pmts or extensions. My last payment (72nd) was
paid in Dec 2009 but HSBC now tells me I still owe $1130.52. I spoke to a rep
I have tried to work with the company, but they just insist this is due even though it isn't/wasn't stated on my contract or when I requested the extensions etc.
This report was posted on Ripoff Report on 01/13/2010 08:53 AM and is a permanent record located here: http://www.ripoffreport.com/reports/hsbc-auto-finance/carol-stream-illinois-60197/hsbc-auto-finance-hsbc-finance-they-are-charging-me-additional-money-after-my-72-pmts-on-a-553702. 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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