Anyone financed with HSBC?

winuare · 06-25-2006, 05:06 PM

Okay discharge was 3 months ago. I reaffirmed my note on my 2005 Trailblazer EXT for Centrix Financial at 17.9%. Applied and approved with HSBC to refinance at 13%. This will only lower the payment by about 10 dollars a month, but will take 6 months off of the loan, which will be better. Anyone have any experience with HSBC.

SinkingFast · 06-25-2006, 05:59 PM

HSBC is just one of many names they do business under. When I was a kid growing up, I can remember the commercials on TV for Household Finance and Beneficial.

At Beneficial, you're good for more! was their slogan.

This company gives new meaning to the term Sub Prime Lender.

http://www.consumeraffairs.com/finance/household.html

http://www.com.state.oh.us/dfi/hfc_info.htm

They tend to prey on people who do not research and cannot understand exactly what they are agreeing to.

Be sure to read all the fine print and know exactly what the terms of deal are before you sign on the dotted line.

**BassBoy** · 06-26-2006, 04:57 AM

I myself do not care for Household Finance and Beneficial. I feel that they are incompetent and have very poor customer service. When they screw something up. it's a major ordeal to get them to fix.

dep05 · 06-27-2006, 05:09 PM

We financed our car through them one month out of bankruptcy. They were the only ones willing to finance us at the time. No problems with them thus far, other than extremely high interest. We are planning on refinancing asap.

06-25-2006, 05:06 PM	#1
winuare Registered User B/F Newbie Join Date: Aug 2005 Posts: 11	Anyone financed with HSBC? Okay discharge was 3 months ago. I reaffirmed my note on my 2005 Trailblazer EXT for Centrix Financial at 17.9%. Applied and approved with HSBC to refinance at 13%. This will only lower the payment by about 10 dollars a month, but will take 6 months off of the loan, which will be better. Anyone have any experience with HSBC.

06-26-2006, 04:57 AM	#3
BassBoy Moderator B/F Guru Join Date: Oct 2005 Location: Northeast, Ohio Posts: 2,070	I myself do not care for Household Finance and Beneficial. I feel that they are incompetent and have very poor customer service. When they screw something up. it's a major ordeal to get them to fix.
	Bankruptcy History: Chapter 7 filed - 10/12/2005 - Asset Discharged - 02/16/2006 Case Closed - 11/08/2007 A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.

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06-25-2006, 05:59 PM	#2
SinkingFast Registered User B/F Guru Join Date: Jan 2006 Posts: 6,857	HSBC is just one of many names they do business under. When I was a kid growing up, I can remember the commercials on TV for Household Finance and Beneficial. At Beneficial, you're good for more! was their slogan. This company gives new meaning to the term Sub Prime Lender. http://www.consumeraffairs.com/finance/household.html http://www.com.state.oh.us/dfi/hfc_info.htm They tend to prey on people who do not research and cannot understand exactly what they are agreeing to. Be sure to read all the fine print and know exactly what the terms of deal are before you sign on the dotted line.

06-27-2006, 05:09 PM	#4
dep05 Registered User B/F Newbie Join Date: May 2006 Posts: 35	We financed our car through them one month out of bankruptcy. They were the only ones willing to finance us at the time. No problems with them thus far, other than extremely high interest. We are planning on refinancing asap.