HSBC Finance Corporation recently announced the discontinuation of loan originations of all products by its consumer lending business, branded in the United States and licensed in New Jersey as Household Finance Corporation (HFC) and Beneficial New Jersey. All HFC and Beneficial branch offices will be closed. All existing customer accounts, however, will continue to be serviced by HSBS.

Even though HFC and Beneficial will no longer be offering loan products, those loan offers with "pre-selected" status will be honored through their expiration dates, as will loans that have already received preliminary approval.

For further information, contact HFC or Beneficial.