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Home  »  Consumer Reviews  »  Auto Financing  »  hsbc response
hsbc response
Jun 10, 2008
HSBC AUTO FINANCE review by Can2
There is a grace period to keep from pyng a late fee but your agreed to pay by a due date and need to do so or suffer the calls. set your pymnts on automatic deduction through your bank. pay your bill as agreed and you wont get called. contract states they can take your car at ANY time if you default. again read your contract!!!!! it is simple and basic, pay as you promised & you wont have any issues or additional fees. hsbc loaned the money to you and you drove away but feel they shouldnt expect you to pay on time. sounds to me like that is how you pay all of your bills which gives you a lower credit score and in turn forced you to go to a subprime lender. again pay on time so you can work with a prime lender!!

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