HSBC Finance Corp.

Exporter
2700 Sanders Rd., Prospect Heights, IL 60070-2701, United States
(224)514-2000, http://www.household.com

Primary SIC: Personal Credit Institutions, Primary NAICS: Consumer Lending
Description: Finance: Holding Company. Personal credit institution and federally chartered savings bank, providers of consumer loans, credit cards, auto finance and credit insurance products. Insurance: Underwriter of life insurance.Household International, founded as a small loan operation in Minneapolis in 1878, has grown to become the second largest provider of consumer loans and credit cards in the United States, Canada and the United Kingdom. One of its largest subsidiaries, Household Finance, is the nation's oldest consumer finance company, serving middle America since 1878. They also provide co-branded and private-label credit cards, credit life insurance, and finances used cars. The company is currently ranked among the top 200 companies by Fortune. They have more than 23,000 employees and annual revenues of more than $8.7 billion. The company is headquartered in Prospect Heights, Illinois, a suburb of Chicago. They also have facilities in Elmhurst and Wood Dale, Illinois, Salinas and Pomona, California, Las Vegas, Nevada, Chesapeake and Virginia Beach, Virginia, Jacksonville, Florida, Wilmington, Delaware, Bridgewater, New Jersey, Canada, and the United Kingdom. Their credit card businesses are among the nation's largest issuers of private-label credit cards and general purpose credit cards. Some principal card products include The GM Card and the AFL- CIO's Union Privilege Card. They purchased Beneficial Corporation, the third largest consumer finance company, in 1998. Top competitors include The Associates, ContiFinancial, and GE Capital.