HSBC Auto Loan?
I know that HSBC will refinance a car loan. However, will HSBC give you a loan for a new car in such a way that one can go to the dealer and have worked out their own financing with HSBC. I don't mean do they have programs such that dealers can use them to finance. I mean, can I go into HSBC and fill out the paperwork for an auto loan, then go pick the one that I want, and they cut the check.Are there any other banks who are known to lend to a variety of credit scores translation of course Wachovia or Chase will give a signature loan to a 50 y.o. with an 850 credit score, little to no debt and a 250k income BUT, this is NOT what I am talking about who may do this. Again, my friend for whom I am asking this question has decent credit, just not stellar and HSBC gives credit to people in all sorts of circumstances, so I am looking for a bank with similar policies, etc.This is not about a " bad credit" situation. This is merely someone wanting to get a reasonable rate that eliminates the dealer spread markup on the interest rates. The buyer has decent credit just not an 850
Applying for HSBC auto loan online?
Ok credit is a 552. If they check my credit will it affect my score already bad as it is . What are my chances of getting approved with this company? And how much am i looking at getting financed? Plus am i obligated to take the loan? And what do i have to pay, down payment. Looking at buying a 15k car
HSBC Auto loan in charge off?
I have a account in charge off status with HSBC auto finance. I payed this loan for two years before filling chapter 13 bankruptcy. I made payments into the chapter 13 trustee for 3 years before falling ill, loosing my job, and becoming unable to make the payments. Since then I have tried to make good on my debts and pay some of the creditors. The one that I am having problems with is HSBC I have called and offered to pay a portion of the debt in return for them to leave me alone and stop with the harassing phone calls. The phone numbers they are calling aren't even mine but worse the people I listed as references 6 years ago. The first offer I made was denied and after pulling together my resources I was able to offer more money. The offer now sits at 50% of the balance. They still will not settle and the vehicle blue books for less than what I am offering, and still all I hear from them is the word RE PO. I don't want to have to file bankruptcy again and have had no problem with other creditors, but I have to do something ASAP before these people drive me crazy. Oh and I ran my credit report and it shows the account has been charged. Also the vehicle they want so bad has no value since it needs a transmission and has not run in almost 3 years. Any insight or advise is greatly appreciated.
