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Refused a mortgage because of PPI complaint

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2

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  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No
    Any news OP
  • dunstonh
    dunstonh Posts: 119,687 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 6 November 2011 at 7:40PM
    No
    poacherp wrote: »

    And the point of the link?

    Ask HSBC what is stands for and they will say HSBC. It ceased to be known as Hongkong and Shanghai banking corp many years ago when it became part of HSBC Holdings.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    dunstonh wrote: »
    And the point of the link?

    Ask HSBC what is stands for and they will say HSBC. It ceased to be known as Hongkong and Shanghai banking corp many years ago when it became part of HSBC Holdings.

    As an ex HSBC employee I can confirm that's the case. It doesn't 'stand' for anything any more, it's a historic thing
  • dunstonh wrote: »
    And the point of the link?

    Ask HSBC what is stands for and they will say HSBC. It ceased to be known as Hongkong and Shanghai banking corp many years ago when it became part of HSBC Holdings.


    When I was a broker, I used to say it stood for Has Someone Been Conned

    :)
  • poacherp
    poacherp Posts: 1,696 Forumite
    dunstonh wrote: »
    And the point of the link?
    .

    And the point of the link? ......... Simply to provide a source of reading for somebody instead of an abrupt response such as yours! ;)
  • xyellowx
    xyellowx Posts: 570 Forumite
    "deposit/credit score/cash flow all fine"
    that may be the real reason fine is no longer good enough for the best deals
  • dunstonh
    dunstonh Posts: 119,687 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No
    And the point of the link? ......... Simply to provide a source of reading for somebody instead of an abrupt response such as yours!

    I gave a response to the post and corrected the OP on their error by calling the bank by it's wrong name. You just posted a link without comment. Your link was to the Hongkong and Shanghai Banking Corporation Limited. However, it was not to HSBC which the OP was talking about.

    I was also wrong in that it does still exist but I meant it didnt exist in the context that the OP was using it.

    HSBC’s name is derived from The Hongkong and Shanghai Banking Corporation Limited, the founding member of the modern Group. An important result of the acquisition of Midland was the transfer in January 1993 of the Group’s head office — but not that of The Hongkong and Shanghai Banking Corporation Limited — from Hong Kong to London. Midland Bank plc is now HSBC Bank plc. In November 1998, HSBC announced the adoption of a unified brand, using HSBC and its hexagon symbol nearly everywhere it operates.

    It is similar to how BP is no longer British Petroleum (unless you are Obama)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • poacherp
    poacherp Posts: 1,696 Forumite
    dunstonh wrote: »
    I gave a response to the post and corrected the OP on their error by calling the bank by it's wrong name. You just posted a link without comment. Your link was to the Hongkong and Shanghai Banking Corporation Limited. However, it was not to HSBC which the OP was talking about.

    I was also wrong in that it does still exist but I meant it didnt exist in the context that the OP was using it.

    HSBC’s name is derived from The Hongkong and Shanghai Banking Corporation Limited, the founding member of the modern Group. An important result of the acquisition of Midland was the transfer in January 1993 of the Group’s head office — but not that of The Hongkong and Shanghai Banking Corporation Limited — from Hong Kong to London. Midland Bank plc is now HSBC Bank plc. In November 1998, HSBC announced the adoption of a unified brand, using HSBC and its hexagon symbol nearly everywhere it operates.

    It is similar to how BP is no longer British Petroleum (unless you are Obama)

    Apology accepted. ;)
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    No
    So nice of the OP to return and clarify the points raised.
  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 7 November 2011 at 10:07AM
    _Andy_ wrote: »
    As an ex HSBC employee I can confirm that's the case. It doesn't 'stand' for anything any more, it's a historic thing
    Just as "Trustee Savings Bank" disappeared. When it became TSB Bank, the TSB acronym lost any connection with the former meaning.

    On the OP's issue, I doubt there is any connection between a PPI claim and a mortgage rejection. I would say that had I been mis-sold a product I wouldn't go back to that organisation with my future business.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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