HSBC Credit Card Settlement

Finally, I have settled my two HSBC credit card. Of course,I borrowed the money to avail the discounted amount that HSBC offered to me by their collection agency namely:

1. Molaer
2. Lauron
3. Anonuevo

I cannot forget my experience with this credit card company with their employee. How they treat me as if I have no intention to settle my obligation. On the other hand, the Molaer added my emotional distress by charging me as a liar.

For those who are contemplating to apply for a credit card, I strongly advice you not to enter on this problem. Of course not all are having difficulties in paying their bills but if you are a minimum wage earner and can pay only the minimum monthly due, please forget about it. If you will use the credit card as your crutches, in the end you find yourself in a big trouble. Just live within your means. In addition, not all credit card companies are offering a discount like HSBC credit card offered just to close your account. I am not promoting HSBC of course, but to compare to my other credits cards where I request for a discount for interest and penalties, they are not giving even a small percentage of discount. Although I have paid more than the principal amount, still they will collect all the charges they made.

I still have other four credit cards with full balances. I am longing to settle all of this as soon as possible.