Best Buy HSBC complaint and debt cancellation fee scam

Black Friday resulted in great sales figures for electronics retailer Best Buy. We shudder when thinking of how many people used a Best Buy credit card or opened a Best Buy credit card account. Hint – the bank is HSBC, and the card is issued by HSBC NV. Here is a complaint from MK in …

The CompuCredit and Jefferson Capital Scam

A credit card to pay off charged off debt Let’s explain how this scam worked by quoting the FTC after these two scammers were exposed: CompuCredit Corporation, a company marketing Visa and MasterCard credit cards to consumers in the subprime credit market, has agreed to reverse fees charged to eligible consumers’ accounts to settle allegations …

Debt Collector credit cards and how the scam works

Debt Collectors offer a credit card – how the scam works Debt collectors send inviting offers to some debtors and actually offer you a credit card that you can use to pay off your old debt – normally credit card debt. This scam works because many people believe they are doing the right thing by …