HSBC Best buy credit card Complaint

Finance Charge Rape

- P.O. Box 17298 Baltimore, MD 21297-1298
I made a purchase at best buy using their credit card that is issued through HSBC bank. The company offers a differed interest for up to two years. Unfortunately, I have fallen 1 month behind throughtout the course of the entire loan and they have now billed me for all the interest charge. I called prepared to pay off the balance of $557.37 providing they would remove the finance charge of $337.97 and they said they couldn't remove the finance charge because of my falling behind one month. Please help me with this matter, I cannot afford this extra $337 nor do I think the punishment fits the crime. I am prepared to pay the $557 now; but if this is allowed then this country is allowing banks to openly rob the middle class worker
leaving middle class Americans depleted and unprotected.

Please help!!

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Reader Comments:

Posted by hatem.harraz on 09/02/2008
I'm sorry to hear that, I did buy my Plasma TV from best buy and i'm afraid that gonna happen to me too, a friend of mine warrned me in case I might for some reason do not pay the monthly payment or just forget it. So I do agree that this is a rob off and unethical behavior. I think i'm about to lose the interest in Best Buy and adding my voice to yours to encurage others like Fry's they do not have this problem and also when you buy a laptop (for e.g) you can rturn it back with no restocking fees.....

Good luck

Tim




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