HSBC issues cards for these
companies Best Buy, Bon-Ton, CompUSA, Costco, Helzberg Diamonds, Neiman
Marcus, Saks, Sony, Yamaha and so on.
I also found this bite after a search
Quote:
Their financing is actually done by Household
Retail Services aka Household Credit Services, a subsidiary of HSBC .
This HSBC entity is actually HSBC/RS, which is run by HSBC Finance
Corporation located in Illinois. The corporate telephone number is
847-564-5000.
HSBC/RS stands for HSBC Bank, retail services division. Formerly known
as troubled and disgraced predatory lender Household International, the
company was purchased by HSBC bank in October 2002 and the purchased was
finalized in early 2003. HSBC is headquartered in London but is actually
the Hong Kong Shanghai Bank Corporation.
After being sued for predatory mortgage lending and attacting the
attention of regulators across the nation, Household International
turned to credit card processing as a source of revenue. Retail Services
handles private label credit card accounts for over 60
merchants.
I would google/yahoo search this keyword in quotes and see all the hits
you get "HSBC RS"
I wanan know the meaning or
the shortcut of hsbc rs
Sub: #2 posted on Mon, 12/11/2006 - 08:27
Unregistered
About one month to 6 wks ago,
I asked you to unsubscribe me to your service. Please reimburse the
45.00 charge I see on this week's bank statement. I thank you. My
email is . I am using a public computer at this time.
Ps I am not happy.
Cindy
Sub: #3 posted on Wed, 02/13/2008 - 11:37
Unregistered
Cindy, who are you trying to
reach - HSBC RS? We are a forum dedicated to helping people in debt . If
you tell us who you are trying to get maybe we can help. We have never
taken any money from you.
I had often wondered what hsbc
rs stood for on a credit report.
Its clear now :)
Sub: #6 posted on Wed, 09/17/2008 - 02:33
Unregistered
HSBC is very difficult to deal
with. We have a loan on a suzuki 4 wheeler and they will not deal with
us at all. Then they turned us over to corporate receivables
collections and they were even worse. We told them repeatedly that we
were with a debt settlement place and gave them the contact number, but
they continued to bully and harass us. They were even harassing my
supervisor. That was embarassing. I am not disputing my debt, just
trying to get it settled the best way possible. And harassing me and
calling my supervisor is not going to make me pay up "in full" any
faster. I had 50% of what i owed, tried to settle the account for that,
but they were not willing to negotiate. We even explained that we were
with a debt settlement place, we had 2 accounts already in legal action,
and we had xxx amount of money to settle this right not. If they did
not accept that then they too were going to be turned over to our debt
settlement place. Still did not work. So we turned them over and
deposited that money in our account and are already starting negotiaions
on A DIFFERENT account. See, they could have been done with us. We even
tried to give the 4 wheeler back to wipe out the account -- no go. HSBC
RS still on.
difficult to deal with!!!!!!! check out all the post about corporate
receivables -- which seems to be their collection agency of
choice.
Sub: #7 posted on Wed, 09/17/2008 - 06:44
Unregistered
I had a credit card ( $300.00
limit) through HSBC. THAT was a mistake!!!!! Fees, monthly payments were
going up, etc. If I din't understand a charge that was on my bill, I
would call the Customer Service to remove HSBC RS. They were difficult
to deal with. By the time I ACTUALLY got a chance to speak to someone,
instead of a recording, HSBC "cancelled the card and the entire amount
was due. God..........they just won't listen. I recently tried to call
again. According to CS, I "no longer have an account with them." How am
I suppose to take care of this if they CLAIM I have no record of
this?
I have an "open" credit card
account with you on my credit report. I haven't used that account in
years; I no longer even possess the credit card. Please "close" my
account. I want HSBC RS removed from my CR. Thank
you.
Sub: #9 posted on Fri, 10/03/2008 - 11:45
Unregistered
Thomas you need to contact
HSBC to remove HSBC RS from your credit report.
I also found this bite after a search
Quote:
HSBC/RS stands for HSBC Bank, retail services division. Formerly known as troubled and disgraced predatory lender Household International, the company was purchased by HSBC bank in October 2002 and the purchased was finalized in early 2003. HSBC is headquartered in London but is actually the Hong Kong Shanghai Bank Corporation.
After being sued for predatory mortgage lending and attacting the attention of regulators across the nation, Household International turned to credit card processing as a source of revenue. Retail Services handles private label credit card accounts for over 60 merchants.
I would google/yahoo search this keyword in quotes and see all the hits you get "HSBC RS"
Sub: #1 posted on Thu, 11/30/2006 - 23:47
(Posts: 1245 | Credits: )
Sub: #2 posted on Mon, 12/11/2006 - 08:27
Ps I am not happy.
Cindy
Sub: #3 posted on Wed, 02/13/2008 - 11:37
Sub: #4 posted on Wed, 02/13/2008 - 11:39
(Posts: 5401 | Credits: )
Sub: #5 posted on Wed, 02/13/2008 - 11:46
Moderators Cum Industry Expert
(Posts: 5381 | Credits: )
Its clear now :)
Sub: #6 posted on Wed, 09/17/2008 - 02:33
difficult to deal with!!!!!!! check out all the post about corporate receivables -- which seems to be their collection agency of choice.
Sub: #7 posted on Wed, 09/17/2008 - 06:44
Sub: #8 posted on Wed, 09/17/2008 - 08:44
(Posts: 1798 | Credits: )
Sub: #9 posted on Fri, 10/03/2008 - 11:45
Sub: #10 posted on Fri, 10/03/2008 - 12:18
Moderators Cum Industry Expert
(Posts: 4671 | Credits: )