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Household Auto Finance Now HSBC Auto Finance

Household Auto Finance, a leader in non-prime auto financing, will change its name to HSBC Auto Finance effective January 17, 2005, company officials announced. Household Auto Finance’s name change is the final step of its March 2003 acquisition by HSBC, one of the largest banking and financial organizations in the world. HSBC Auto Finance is headquartered in San Diego California.

Consumer advocates at Household – HSBC Watch said the name change does not hide the fact that HSBC North America is still headed by William F. Aldinger, CEO of predatory lender Household International, and now Chairman of HSBC North America. “Consumer complaints continue to pour in to Household – HSBC Watch in a manner consistent with the practices seen at the predatory Household International. Nothing has changed but the name.”

Posted By Timothy Blake

One Response to “Household Auto Finance Now HSBC Auto Finance”

  1. ray canova says:

    research shows that William F. Aldinger is the CEO of HSBC auto finance, could you please verify, and give mailing address to the Corporate Office. Thanks Ray Canova

HSBC USA Fail

HSBC is cutting back in the U.S. after its 2003 purchase of Household International Inc. required it to set aside more than $65 billion for bad loans

Update Note

HSBC car loans were sold to Santander USA in 2010 :: Most HSBC credit cards became Capital One credit cards in 2012 :: HSBC horrible predatory home mortgages are in run-off