This thread might not directly related to forum. But I think better I share my experience about HS*C bank.
One month ago I applied for personel loan from HS*C. At that time there was a promotion - 10.9% floating and 13.5 fixed rate.I requested personnel loan @13.5 FIXED RATE.
HS*C Representative came to me told me that they can hold a loan for 1 month after it got approved.Just a one phone call you can collect money.So I hold money for 1 week(beacuse custom clearance for my car got delayed for 1 week).
At the clearnce date, I called and asked to withdraw money. At that time representative said they increased the rate for my loan as 17%(fixed rate).Also he said they increased floating rate as 15%(ealier it was 10.9%) for all the loans they hold temporally .
I've no time to applied and got a loan from another bank.Beacse it took another 4-5 days.They clearly knew that. I told them asked to got a loan from rate as they promised.Even I called one of the HS*C Manager but they even don't know how to takled to the customers. That's the truth.That's the friendly service they promoting. They more simillar to some private bus conductors.
I want to tell you is, don't trust this bank.They do not care about customers.At any time they can change the rates without any prior notice.
SO BE CAREFUL TAKING LOANS FROM HS*C. DON'T TRUST THEM.
Last edited by Flashmark on Sat Dec 31, 2011 12:20 pm; edited 1 time in total