Posted on
September 21, 2009
at
4:38 am
Hi, would anybody here know if HSBC work with debt settlement and how they work with debt settlement?
Posted on
September 21, 2009
at
4:43 am
I don't know much about debt negotiation but I heard that HSBC does work with debt settlement companies--only they are one of the toughest creditors.
Posted on
September 21, 2009
at
4:52 am
What is HSBC's debt settlement averages or range?
Posted on
September 21, 2009
at
5:14 am
30-50%I'm not sure, will somebody please verify that?
Posted on
September 22, 2009
at
1:12 am
aside from HSBC, what are the other banks that are willing to work with debt settlement companies?
Posted on
October 6, 2009
at
8:24 pm
On debt settlement and HSBC bank...Does HSBC work with debt settlement companies or would they rather discuss settlement terms with the debtor themselves?
Posted on
October 6, 2009
at
9:08 pm
HSBC has been very forgiving and relatively lenient in terms of debt settlements. Tradition typically dictates that established creditors, such as HSBC in particular, hardly budge in cases of the consumer's inability to pay. Yet recent events have granted the consumers leeway in making payments. On the context of debt settlement and HSBC, you can see how that has been illustrated on this
New York Times article.
Posted on
October 20, 2009
at
3:09 am
i can't read the article on debt settlement and the HSBC. wat does it say?
Posted on
October 20, 2009
at
3:55 am
That HSBC has offered as much as 50-80% of debt settlements to their clients, due to the credit card bailout currently happening in the market.
Posted on
December 15, 2009
at
12:45 am
It's not just HSBC that's agreeing to debt settlement but the other creditors as well. They've realized that it's wiser to get at least something from an account rather than nothing.Also, that credit card bailout that LallyPop was talking about is officially called Credit Card Accountability, Responsibility and Disclosure Act, and it's effective February 2010 - the soonest.
