To watch General Motors go from the heyday of muscles cars in the 1960’s to the troubled company they are now hurts diehard General Motors fans. Consumer advocates wrote to GM when predatory lender Household Retail Services was contracted to handle the GM credit card. GM didn’t care then, but they do care now. How bad off is GM? If they sell their mortgage business to HSBC (Household International) it will be a sure sign that they are dying. Has GM learned anything about aligning their customers with predators? Time will tell.
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since big lots is a signed hsbc is it also a troubled company.