Also it may be useful if we could try and get a figure together to see how many of us poor HSBC 'customers' have been lumbered with a managed loan, I think it may have been been talked about elsewhere on this thread somewhere. Perhaps if the FSA, OFT or Ombudsman knew how widespread a problem these things are then action to stop HSBC ruining thousands of other people's credit files and lives might actually be slowed or even be stopped for good. Not sure how we can go about compiling a list, maybe someone out there knows?

 

The more I think about managed loans and having to deal with such a useless bunch of money grabbing, life ruining halfwits (and thats being polite) the more my blood boils.

I completely agree and would be willing to help where possible, not sure how to go about it though

I am in the process of claiming back my bank charges with HSBC - the money grabbing bank, roughtly £2100 and I also have a managed loan that I believe I was mis-sold, I have had this loan since sept 03 it started at £3100 and stands at £2200, have paid £2400 over the past 3 years so Im sure you can see my prediciment, (it would have been cleared if not for interest) please can you help? is there anything I can do??? Any advice you can offer me would be fantastic!

Its fantastic to know that I might as well have flushed £1500 down the toilet, oh well whats £1500 to a struggling single mum??? A blooming big kick in the teeth!!!!