www.hfc.com- What is hfc.com?
www.hfc.com- What is hfc.com?
HFC, or Household Finance Corp, has been part of the HSBC group since 2003. HSBC, which has it’s headquarters in London, Is the largest banking group in the world, and the sixth largest company on the planet – behind general Electric, Royal Dutch Shell, Toyota Motors, ExxonMobil and BP. In 2009 HFC announced It will stop accepting new loan applications and closed all it’s branch offices, while continuing to service and collect loan payment from existing customers. Currently the domain hfc.com redirects to a web page where HFC apologizes, announces it ceased it’s new loan plans and closed it’s branches and offers support to existing customers History: HFC was founded in the US in 1878. in 1981 it was restructured under Household International Inc. In 1998 it acquired Beneficial Finance. In 2003 the company was acquired by HSBC. In 2005 it was merged with another company and named HSBC Finance Corp. In the US, the lending branch offices were branded as HFC and Beneficial. In the UK, Household International Inc founded HFC bank in 1973. | |