January 5, 2012 – 6:39 PM
Thanks goodness for credit card reform. Compared to the old days it is really nice to get email reminders when a credit card payment is due. Confirmation emails are wonderful. What happened to huge profits generated by credit card companies when they “forgot” to mail a statement, just to make you pay interest on “zero [...]
By Timothy Blake
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Posted in General Finance
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Also tagged foreclosure, GE, Household Bank, Internal Revenue Service, investor refinance, Kentucky, mortgage refinance, Ocwen Financial, pretty straight forward, Saxon Mortgage, the Wall Street Journal, USAA, Wall Street Journal, Wells Fargo
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November 28, 2011 – 6:38 AM
While I wrote for the Household-HSBC Watch website I picked up on money laundering issues. The terrorist aspect came from Iraq at that time. As with any problem it is always nice when probes and investigations produce results. Now, in late November 2011, we can report that the OCC finally took action.
November 27, 2011 – 1:28 PM
Many americans are glad credit card statements are easier to read. New credit card laws greatly diminished abuses by banks. One such offender was (is) HSBC and HSBC merchants.
November 27, 2011 – 11:33 AM
If the Occupy Wall Street protesters want to target a single big bank, which should they choose? One bank – HSBC – took huge losses after buying predatory lender Household International. HSBC, headquartered in London, is not on this list.
November 22, 2011 – 7:37 AM
All is not rosy at HSBC. Bad debts in the US continue to rise, while regulators extended the open comment period on HSBC’s proposed sale of the banks credit card business to Capital One.
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