A Tuesday night episode of Boston Legal exposed the credit card industry for what they really are. When any industry goes beyond what is reasonable and prudent in the interest of profit it is a travesty. Boston Legal put the industry on prime time for what they really are, but the show contained a quote we find interesting. “We are one of the largest law firms with offices in London and HongKong”
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This is from Fitch, on November 3: “Fitch Rates HSBC Automotive Trust 2005-3 [which] marks HSBC Automotive Finance Corp.’s (HAFC) 17th Fitch-rated securitization backed by retail loans to subprime borrowers… As of Oct. 23, 2005 (the cut-off date), the receivables consisted of $1.37 billion in loans to subprime borrowers with weighted average FICO scores of 612 and a weighted average APR of 13.48%…
Category: 05 All Articles, 05 AutoFinance, 05 How It Works
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There is more competition for Household Auto Finance. Wachovia made a move recently. “We see any optiion other than HSBC Finance Corporation as a positive step for consumers” said Household - HSBC Watch.
Category: 05 All Articles, 05 AutoFinance
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Here is new information provided to Household - HSBC Watch consumer advocates regarding the compliance department for Household Auto Finance - which is also HSBC Auto Finance.
Category: 05 AutoFinance, 05 Compliance, General
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This information is from the State of Illinois registered corporations:
HSBC Auto Accounts Inc.
5855 Copley
San Diego CA 92111
Ph (888-317-2788)
Fax (858-492-6328)
and Ph (619-609-2000)
Category: 05 All Articles, 05 AutoFinance
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