HSBC - A Responsible lender?

dshart

SteveYoung83 wrote: »

^ This is all I meant.

Of course I would have wanted her to improve her standard of living by spending her money wisely, but whilst her standard of living on paper appears to have been improved by both the loan and CC initially, towards the end as both had reached their limit/run out that she wasn't in a good place financially. All of her money was being used to pay things back each month, leaving her with very little money to live on, which is why I used the term irresponsible lending, because at this point it was, and she was much worse off than before she took them out. As far as we knew she was living comfortably, so it was a big surprise to find out she wasn't, when we could have helped both financially, or with better advice than a bank.

And how did the family think she was surviving on her own with just a pension? I would have thought they should have done more to ensure she was living comfortably.

Being shocked now at the state of her financial affairs is a bit late.