HSBC Complaints

A London man is celebrating after our financial experts took HSBC to task on his behalf over a mis-sold Payment Protection Insurance (PPI) policy on his personal loan, helping him win a refund of just under £7,000.

Simon was a security guard from north London, he first complained about his Payment Protection Insurance (PPI) policy back in January and now just a few weeks later, Simon is holding a cheque for £6,858.91, which will go a long way towards making up for a particularly stressful time in his life.

“After seeing many adverts about debt management through loan consolidation and how it can cut your costs, I decided to approach HSBC for a consolidation loan," explained Simon. "It was all sorted out on the phone and reducing my monthly payments seemed a great idea. The PPI appeared to be automatically added on to my agreement, and having already spent some time on the phone sorting it out, I didn't think to question the Payment Protection Insurance (PPI) element.”

As a security guard, Simon works in a very stressful job and it was only when seeing other adverts for mis-sold Payment Protection Insurance (PPI) that he began to think about his own policy and made the decision to contact us to see if he had a claim.

“Given the stresses of my job, I could never have done all the chasing up on this myself, so it was important to have a company on hand who could do all that for me," continued Simon. "I am really pleased with the Payment Protection Insurance (PPI) compensation and I couldn't have done it without you.”

“Many clients have taken out consolidation loans to solve their financial problems and have unwittingly signed up for more debt in the shape of Payment Protection Insurance (PPI) premiums,”

“The amount of people who have currently lodged a claim for Payment Protection Insurance (PPI) compensation is the tip of the iceberg. We are seeing steady growth in Payment Protection Insurance (PPI) compensation refunds and the trend is set to continue. What we know is that many millions of policies are in existence and it appears that a large proportion may have been mis-sold. Therefore it is imperative that people check the small print of their loan and other credit agreements, to see if they unknowingly have PPI.”

The average Payment Protection Insurance (PPI) compensation win handled across all types of Payment Protection Insurance (PPI) policies is in the region of £2,200. Our largest ever Payment Protection Insurance (PPI) refund of any kind was a staggering £27,000 payout against another HSBC policy back in 2009.Insert body text here ...

G3 Consultants Inc. has been faced with the assignment of determining the feasibility for HSBC Holdings to invest more money into their Argentine subsidiary. Argentina is currently in the midst of a recession that has lasted nearly 4 years. After considerable help from the IMF in an attempt to control impending foreign debt, a mix of Argentina’s political and monetary policies has resulted in the instability of the Argentine economy and the suspension of payments leading to an uncontrollable build up of national debt.

 The questionable sustainability of the Argentinean government has led to a freeze in the cash flow of foreign investors in the country, consequently placing HSBC as one of the main investors to decide whether or not to permanently cut its losses and fully pull out of Argentina or believe in Argentina’s historical economic climate and continue to invest in the hopes of an outstanding upside to the current crisis. G3 Consultants Inc.’s objective is to evaluate and analyze the crisis and provide HSBC Holdings with a recommended course of action.
For more information visit the HSBC Complaints webpage.

G3 Consultants Inc. has been faced with the assignment of determining the feasibility for HSBC Holdings to invest more money into their Argentine subsidiary. In order to analyze the feasibility of this investment opportunity, all of the key issues must first be presented and analyzed in order to understand the full picture. Obviously, in this case the various economic and political factors of the economic crisis must be visited to understand the current economic situation of the country for foreign investment. We will now proceed to introduce these key issues to be considered: HSBC Complaints

Argentina flourished from 1991 to 1997 boasting real GDP of 6.1% including massive revenues from international privatization of Argentine-owned companies and the federal government’s fiscal policy is to be blamed for not using these excess reserves to pay off public debt. On the contrary, the fiscal policies were very lax and persistent budget deficits reveal the poor transparency of fiscal operations, and resulting widespread tax evasion through the use of offshore accounts among other means. Additionally, the federal government grossly misspent funds and was unable to manage their constituents (provincial) expenditures.
For more information visit the HSBC Complaints webpage.