WebAug 8, 2016 · Until early 2010, Defendant provided automobile loans to consumers through HSBC Auto Finance, Inc. In 2010, Defendant transferred its automobile loan servicing operation and sold its automobile loan portfolio to Santander Consumer USA, Inc. Defendant has neither originated nor serviced automobile loans since 2010. WebAug 18, 2016 · 10.The United States has determined that HSBC Auto Finance, Inc. conducted 75 automobile repossessions between January 1, 2008 and when Defendant completed the sale of its automobile lending and servicing business in 2010 to Santander Consumer USA Inc. that were not in compliance with the SCRA.
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HSBC Warns France Retail Bank Sale May Not Go Through
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