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HFC Bank Ireland closes without warning from HSBC

there was no warning and HSBC will contact existing customers. This is just in, thanks to a report that called our attention to the matter. “HFC Bank Ltd has closed its operation to new customers in the Republic of Ireland with effect from August 28th 2008. Existing customers can contact Customer Services on […]

Cindy Baier Takes Job With Former Predatory Lender

HSBC Finance Corp. of Prospect Heights has hired Cindy Baier, most recently president of Whitehall Jewellers Inc., as managing director, helping to develop credit card programs for retailers. Before working at Whitehall, Baier was senior vice president and general manager of the credit and financial products business at Hoffman Estates-based Sears, Roebuck and Co. HSBC […]

HSBC Car Loans at Over 13 Percent

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 […]

HSBC Mexico and Homex No Money Down

Homex Signs Innovative Agreement with HSBC: On July 5, 2005, Homex signed an agreement with HSBC Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero HSBC (HSBC MExico), to provide Homex’s clients with an innovative new mortgage option, combining two lines of credit, one for the down payment followed by one for the mortgage. HSBC Mexico […]

HSBC’s four-fold option - a quotable quote

Seen in “A guide to reduce your interest rate” by HARESH SONEJI , TIMES NEWS NETWORK, FRIDAY, JUNE 10, 2005 01:27:15 AM:

“First and foremost, as far as possible clarify details about loan products that you do not understand or are difficult to interpret. For instance, HSBC’s four-fold option for personal loans is […]

HSBC North America Before and After

HSBC North America Holdings Inc is the holding company for all of HSBC’s U.S. and Canadian businesses, including Household International.

1. HSBC Bank USA, National Association
2. HSBC Bank Canada
3. HSBC’s consumer lending business operates in the United States under the HFC and Beneficial names.
4. HSBC Mortgage Services purchases and services non-conforming residential […]

Household International HSBC Shreds More Paper

PROSPECT HEIGHTS, Ill., Nov. 8 /PRNewswire/ — More than 3.5 tons of paper were recycled recently by HSBC - North America as part of a large-scale effort to recycle paper products branded with the financial service firm’s former name, Household International.

As part of the company’s name change to HSBC, the company-led recycling program included items […]

Are You Looking For The Predatory Lender?

Trying to track down troubled predatory lender Household International? Former stock symbol HI? Need updates to the nationwide $484 million settlement? Updates on RICO charges against H&R Block and Household? Perhaps you are looking for Household Retail Services, HRS or HRSI?

The names have changed.
HSBC North America Holdings (formerly Household […]

Has HFC - Beneficial found their way to India?

Household Watch has yet to determine how much of United States Predatory lender Household International is marketed worldwide by HSBC. It is wise for consumers to study the contrast between Household’s $484 million (USD) settlement for predatory lending in the United States and business models announced elsewhere by HSBC.

Often a business entity will search […]