Boston Legal Hits Credit Card Companies Hard

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 …

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 …

Wachovia to buy Westcorp Auto Finance

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. The Associated Press Monday, September 12, 2005; 7:55 AM CHARLOTTE, N.C. — The financial services company Wachovia Corp. on Monday said it …

Household (HSBC) Auto Finance Compliance Department Contact Numbers

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. HOUSEHOLD AUTO FINANCE COMPLIANCE DEPARTMENT ATTN: JOSEPH TRUNK COMPLIANCE MANAGER FAX (858) 492-6350 HOUSEHOLD AUTOMOTIVE FINANCE CORPORATION 200 SOMERSET CORPORATE BOULEVARD BRIDGEWATER, NJ 08807 PHONE (908) 203-2461 FAX …