HSBC Finance Corporation is a financial services company and a member of the HSBC Group. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States. HSBC Finance Corporation was formed from the legal entity that had been known as Household International, and is now expanding its consumer finance model via the HSBC Group to Brazil, India, Argentina and elsewhere.
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- Brendan McDonagh, CEO
- Douglas Flint, Chairman
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- 1878-01-01 00:00:00 (xsd:date)
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- Brendan McDonagh, CEO
- Douglas Flint, Chairman
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- HSBC Finance Corporation is a financial services company and a member of the HSBC Group. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States. HSBC Finance Corporation was formed from the legal entity that had been known as Household International, and is now expanding its consumer finance model via the HSBC Group to Brazil, India, Argentina and elsewhere. HSBC Finance Corporation’s subsidiaries primarily provide middle-market consumers real estate secured loans, auto finance loans, MasterCard and Visa credit card loans, private label credit cards, personal non-credit card loans and specialty insurance products. In 2009, HSBC Finance Corporation announced the discontinuation of loan originations of all products by its Consumer Lending business, but continue to service and collect the existing receivable portfolio as it runs off, while continuing efforts to reach out and assist mortgage customers with their loan repayments and home preservation. The Consumer Lending branch offices, branded in the US as HFC and Beneficial, had ceased taking new loan applications as soon as practical and substantially all branch offices will be closed as soon as commitments to customers are satisfied.
- 美國滙豐融資有限公司(HSBC Finance Corporation)為滙豐集團成員,位於美國伊利諾伊州庫克縣,提供消費融資服務。 滙豐融資源自1878年成立的Household International, Inc. ,以及始創於1948年的Metris Companies Inc. 。 2003年3月,滙豐集團收購Household International, Inc. ,以加強集團在北美的業務實力;2005年,滙豐融資再收購Metris Companies Inc. 。 是項收購提升了滙豐在美國消費借貸、按揭融資、信用卡和信貸保險等市場的全國覆蓋面。除此之外,滙豐融資亦在加拿大、英國以至其他滙豐附屬分行提供融資服務。 近年滙豐融資轉攻按揭業務,由於滙豐融資專長於信用卡及其他無抵押貸款,按揭並非主要業務但過度發展,加上監管在上不夠嚴密,在美國次級房貸風暴下,當地按揭組合的壞帳情況惡化,導致母公司滙豐控股於2007年2月首度發出盈利警告。但是滙豐控股並無意出售滙豐融資,表示會改變貸款政策,並已更換滙豐融資的管理層,從而提升貸款質素。 2009年3月2日滙豐控股結束旗下美國滙豐融資以HFC及Beneficial為品牌的消費貸款業務並會集中全力縮減有抵押及無抵押房地產組合,所涉及的未償還結欠額為620億美元絕大部分分行在履行對客戶的承諾後,亦將關閉,並裁減6100人,每年節省7億美元成本。
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- HSBC Finance Corporation is a financial services company and a member of the HSBC Group. It is the sixth-largest issuer of MasterCard and Visa credit cards in the United States. HSBC Finance Corporation was formed from the legal entity that had been known as Household International, and is now expanding its consumer finance model via the HSBC Group to Brazil, India, Argentina and elsewhere.
- 美國滙豐融資有限公司(HSBC Finance Corporation)為滙豐集團成員,位於美國伊利諾伊州庫克縣,提供消費融資服務。 滙豐融資源自1878年成立的Household International, Inc. ,以及始創於1948年的Metris Companies Inc. 。 2003年3月,滙豐集團收購Household International, Inc. ,以加強集團在北美的業務實力;2005年,滙豐融資再收購Metris Companies Inc.
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