Report: #910737

Complaint Review: HSBC/Beneficial

  • Submitted: Thu, July 12, 2012
  • Updated: Thu, July 12, 2012
  • Reported By: Lied to in Louisiana — Monroe Louisiana United States of America
  • HSBC/Beneficial

    United States of America

HSBC/Beneficial Mortgage company that takes advantage, Internet

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

HSBC is a company that offers unfair lendign practices, deceptive tactics, and GETS AWAY WITH IT.  They have finally after 5 years, agreed to a loan modification due to my inability to pay my cuurent mortgage due to a job loss.

However, when I got the modification, the payment was larger than the original payment.  If I problems paying a lesser amount, how can I pay even more.  Even though the interest rate is 3.5% lower, the payment are higher.

I don't understand how the goverment can allow them to continue to dupe people with their business practices.  They should be the first name on a list of banks to be sued for unfair paractices.
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This report was posted on Ripoff Report on 07/12/2012 09:03 AM 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

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