HSBC AUTO FINANCE - Repossession after 2 delinquent months

Repossession after 2 delinquent months

May 8, 2008

HSBC AUTO FINANCE complaint by Jscott_0969

After having my last four cars financed through HSBC over the period of about 13 years, HSBC repossessed my car for not paying my note after 2 months. I decided I couldn't afford the notes so it was a blessing. In any case, I have been paying the collection agency the balance, on time for 8 months and just got a call from them offering a settlement of 35% of the balance to close the account because HSBC is taking the account back from them tomorrow. SERIOUSLY??!!! What are you doing to us????? I have already vowed never to do business with such a company but now to only give 24 hours notice to the collections agency and representatives unable to answer questions is pretty ridiculous!!!

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Comments (1)

1. Written by prowler99, on 30-05-2008 16:03

before agreeing to any terms and paying the balance off you need to get it in writing, they maybe looking to ***

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