Ah- HSBC issues one of their cards yes-
I have a Car loan with GMAC Financial and Mortgage with HomeComings-
Cerberus Capital Management owns 51% of GMAC after a deal about a year ago.
GMAC (or GMAC Financial Services), formerly known as General Motors Acceptance Corporation, was previously the wholly owned financial services arm of General Motors.
GMAC Financial Services provide a suite of financial programs including automotive financing, insurance and mortgage operations in 40 countries around the world.
GMAC also operates Nuvell Financial Services within its automotive financing division. While the main GMAC specializes in the financing of new and Certified Pre-Owned ("used") GM vehicles, Nuvell is for rival auto companies that do not have a financial arm, as well as for late-model used cars from dealerships that use bank financing. Kia Motors America is one of the companies to use Nuvell for their new vehicle sales.
Its other businesses include ResCap Holding, an umbrella company for GMAC's residential mortgage business, and GMAC Home Services, a real estate services subsidiary. As well, it is an associate sponsor of all Hendrick Motorsports racing teams.
ResCap Holding is the parent for GMAC Mortgage, GMAC-RFC, GMAC Bank, Ditech.com, and Homecomings Financial.
GMAC Home Services is the parent for GMAC Real Estate, formed by the purchase of Better Homes and Gardens Real Estate in 1998, GMAC Global Relocation Services, and GHS Mortgage.
@Anonymous wrote:
they sent me an offer just last week and it says hsbc right on it. car dealer told me that also. ?????
google gm flex card and it will show you the card. you can see the HSBC logo right on top. it also says it is a new card better than the old one. I did not take card as i am not a fan of hsbc.
Message Edited by casinoannie97 on 11-21-2007 03:42 AM
