HSBC Complaint - HSBC Credit Card a trap
HSBC sent me a credit card a few years ago. I was a few days late on a payment so hence a 39.00 chg. Paid again and all payment went to interest. Credit limit was 750.00 then they changed APR. Tp make a long story short, my balance is now 1750.00 and I never made a chg over my credit limit. The fees and interest rate increases shot my balance way up. I decided that I would probably not pay them off for 15 years at this rate so I told them I would pay 500.00 which is my principle amt. owed. They said no and I said you will not get another dime out of me. Sure my credit took a hit but I do not worry about it because if I cannot pay cash then I do not buy.