• 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
Internet United States of America

HSBC/Beneficial Mortgage company that takes advantage, Internet

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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.

This report was posted on Ripoff Report on 07/12/2012 09:03 AM and is a permanent record located here: http://www.ripoffreport.com/reports/hsbcbeneficial/internet/hsbcbeneficial-mortgage-company-that-takes-advantage-internet-910737. 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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