If you're trying to determine whether this is the right personal loan for you, reading our HSBC personal loan reviews can help you to find out what other people have to say. Contact us Make an appointment by calling us today on +1 441 299 5959. Updated Jun 30, 2020. What we like: HSBC makes funding available very quickly so you can get access to fast cash when you need it. The interest you can be charged depends on the actual time the loan … 1 Personal loan products are offered in the U.S. by HSBC Bank USA, N.A and are subject to credit approval. Financial goals and plans Financial goals and individual needs change over time which is why it is important that they are reviewed regularly. Enjoy fast approval, personalised terms and easy payment with us now. I have always been a good loyal customer with a good credit history with HSBC and never in my entire life had any financial issues which has led to late payments, overdrafts ect. If you have used a HSBC personal loan, we'd love you to write a quick review too. The sale is subject to obtaining the loan; if the loan application is unsuccessful, the seller must reimburse the borrower for the amounts paid. Now they just sent an email saying the loan application expired. 1 Rates are applicable to new applications. HSBC Bank Personal Loans Review. Here’s what you can expect to happen when applying online: If you’re approved for a personal loan, sign the final documents and receive your funds as soon as the next business day (new customers) or immediately on your HSBC bank account, unless you opt for an official check. in Personal Loans from HSBC Bank USA. Our content is free because we may earn a commission when you click or make a purchase using our site. IF YOU JOIN DONT SAY I DIDNT WARN YOU. In our guide, we’re exploring all the key information about personal loan offers from HSBC, ways to get them, pros and cons for borrowers, etc. I contacted HSBC and the figures provided were nowhere near to the online figures. Knowledge Hub. 5.99% is the lowest available APR and assumes excellent credit and a loan term of 36 months or less. And it’s the reason why you should consider this lender. Can You Refinance a Personal Loan With HSBC. Personal loans from HSBC can range from 1 to 7 years. easy to apply online, and very easy to make payments and manage online or on the app. THEY LOCKED BOTH BANKS WITHOUT A PHONE CALL TEXT OR EMAIL TO TELL ME, I HAD TO FIND OUT WHEN I COULDNT GET MONEY OUT,... Read more. HSBC Personal Loans Review | FE. Staff made an appointment for me at a convenient time. Not worth rating!!! Different types of HSBC customers may be able to borrow more than the $30,000 maximum granted to new customers. This allows borrowers to decrease their monthly payments by spreading the cost of the loan over a longer period of time. Still, it doesn’t hurt to see what you can qualify for — existing HSBC customer or not — as the bank only does a soft credit pull initially. Learn more. Smart... HSBC personal loan reviews on Smart Money People are honest reviews. Personal Loans. So I rang my bank, HSBC, and within minutes I got an incredible deal and now have a great car with affordable monthly repayments! I would have to reapply. Request a callback Request a callback about an HSBC Personal loan This link will open in a new window. Not worth rating!!! Toggle navigation powering smart financial decisions. Secure bank in terms of customers' money. The products are many and affordable! HSBC offers personal loans to be repaid over two to five years. You can check what rates you may qualify for online through a soft credit inquiry — it won’t affect your credit score. $3,000 to $30,000 (new customers) or $50,000 (HSBC Premier and Jade customers). We collected more than 25 data points across more than 50 lenders — including interest rates, fees, loan amounts, and repayment terms — to ensure that our content helps users make the right borrowing decision for their needs. Quick and easy loan if you have a good credit record. (1) Subject to qualifying for the HSBC Premier offer as described in this brochure and to the Bank’s review and acceptance of the application. Fast turnaround time for loan disbursement, Low maximum loan amount for new customers. Personal Loan Terms (PDF, 684 KB) Personal Banking Booklet (PDF, 1.50 MB) apply. Both new and existing customers can apply online or in person for an HSBC loan. I told my self that any Loan lender that could change my Life and that of my family, i will refer any person that is looking for loan to Them. If you are in need of loan and you are 100% sure to pay... Read more, I live in USA Florida and i am a happy woman today? Once you have an agreement in principle, your loan offer is valid for two weeks from the day it was issued. Fair interest and decent support in the difficult times currently being experienced. +100%. Terrible Terrible service!!!!!!!! HSBC Bank Personal Loan Review: A Low-Cost Borrowing Option Our review of HSBC Bank personal loans looks at the interest rates, borrowing amounts, … HSBC. i HAD BOTH MY PERSONAL AND BUSINESS ACCOUNTS WITH HSBC AFTER LEAVING BARCLAYS OF 28 YEARS. It can save you hundreds of dollars in interest, especially if you pay off your loan early (considering there’s no prepayment penalty). Home. to 16.99% p.a. -100% 0% +100%. generally though an excellent service and i would recommend 10/21/2019 Many or all of the companies featured provide compensation to LendEDU. Whether or not you’ll be accepted for a personal loan will be determined by how responsibly you’ve managed credit in the past, … Privacy Policy. I applied for a loan . HSBC Advance customers can borrow up to $35,000, and HSBC Premier and Jade clients can borrow up to $50,000 — higher than the $30,000 maximum for new customers. Approved loans for new customers may be available as soon as the next business day. When I arrived at the appointment the member of staff put me at ease straight away, discussed my needs and talked me through the options. WELL IM SUPPOSED TO PAY PEOPLE AND HAVE A NEW MORTGAGE COMING THROUGH FOR WHICH I CANT GET MY DEPOSIT OUT, SO BASICALLY I HAVE NO ACCESS TO ANY MONEY FOR A POSSIBLE 8 WEEKS AND THEY SAY ITS LEGAL. For HSBC personal loans disbursed between 16th and 31st of the calendar month, the EMI date will be 15th of next calendar month. The APR on your Personal Loan may be higher and will be based on your credit history, among other factors. … The loan amount/ credit limit for HSBC Personal Loans will be capped at up to one time your monthly income as indicated in the income documents submitted, subject to a maximum of S$200,000, or an amount HSBC may in its discretion determine. The bottom line: HSBC personal loans are best suited for existing customers with good to excellent credit, thanks to perks like a potential rate discount. Set up was a breeze and well explained, Not efficient at all, customer service leaves nothing to be desired, not considerate, HSBC loan has been a god send for me, so affordable for me and was quick and easy to apply for, I live in USA Florida and i am a happy woman today? With our Premier Personal Loan, get preferential interest rates, while receiving all the personalised care and extra benefits of being a Premier customer. HSBC will in its absolute discretion assign the maximum credit limit for each facility. HSBC Personal Loan - Read unbiased reviews of HSBC Personal Loan. Car Loans. I have no idea what the loan terms were but I was unable to keep up the repayments of that and a credit card they had already given me> Had to convert it to a money management loan to pay back £150 a month whilst on benefits for about 6 years. With HSBC’s Personal Loan, borrowers can easily enjoy the most affordable deals as its promotional interest rates offered through ValueChampion are … easy to apply online, and very easy to make payments and manage online or on the app. I did everything that was expected of me including extra PAY STUBS and bank statements. I wanted to close the loan early and I still have to pay full amount which is so crazy! They never even asked me my current income or circumstances. Take a look at our review of HSBC’s personal loans to determine whether it’s right for you. The bank also provides loans with the longest tenures (up to 7 years) in Singapore. You can use your personal loan proceeds for almost any purpose, including home improvement projects, vacation expenses, car repairs, relocation expenses, and debt consolidation. As one of the largest banks in the world, HSBC has branches in 10 states and a presence in 64 There is no Customer Protection for this and they simply said it was mentioned in T&C and doesn't help much. However our relationship manager was top notch, with timely communication and follow-ups. I would strictly against this SCAM run by HSBC bank. General. In addition, the starting interest rate for existing customers is 1% lower. Why you should choose HSBC Personal Loan #1: Attractive loan interest rate from as low as 3.7% p.a. Personal Loans. There is no Customer Protection for this and they simply said it was mentioned in T&C and doesn't help much. I would have to reapply. Existing customers can opt to receive an official check or have funds deposited into their HSBC account immediately upon approval. Fair interest and decent support in the difficult times currently being experienced. Interest rates on these loans are fixed, typically ranging from 6.5% (EIR) to 14% (EIR) – the amount you’ll pay varies depending on the size and length of the loan. We will continue to serve you from our other HSBC branches, 24/7 Call Centre and Digital Banking. Could be a little bit cheaper on the interest rate, and it can take a long time to get through to an advisor if you want to call in. Superannuation. Among banks that offer personal loans in the Philippines, HSBC has some of the lowest interest rates. 0. HSBC Personal Loan review Overall rating 7 / 10 Local knowledge, global reach Little waiting time in branches, customer service in store is precise and value added. I had decided to buy a car but found dealer finance a real rip off. Loan types:Unsecured personal loans Loan amount: $3,000 - $30,000 Repayment terms:24 – 60 months APR:6.99% - 22.99% Minimum credit score: 700+ Best for:Getting a competitive loan directly from one of the world’s largest banks Direct lender or marketplace:Direct lender To apply for HSBC Personal Loans, you must meet the following requirements: You must be between 21 and 65 years of age; Annual income of SGD30,000 for salaried or SGD40,000 for self-employed or commission-based Singapore Citizens and Permanent Residents; Annual income of SGD40,000 for foreigners with Employment Pass validity of at least 6 months The maximum aggregate credit limit with HSBC in respect of unsecured credit facilities granted to a Singapore Citizen/Permanent Resident whose annual income is not less than S$30,000 is up to four times the individual's monthly income, or an amount HSBC may in its discretion determine. HSBC Personal Loan Review Posted on January 13, 2021 HSBC makes personal loans available to Canadians with a view to simplifying the process of accessing funding. Must stay away. HSBC’s personal loans have competitive rates and fast funding times, making it ideal for those who have excellent credit and want their loan proceeds quickly. HSBC Personal Loan Review. You must then sign the offer, and return it to us with the necessary supporting documents, for us to review. Friendly staff, no jargon fantastic customer care, Bought a loan from HSBC. Credit Cards. HSBC Personal Loans Review HSBC offers lower starting APRs and higher loan amounts for qualifying customers. THEY LOCKED BOTH BANKS WITHOUT A PHONE CALL TEXT OR EMAIL TO TELL ME, I HAD TO FIND OUT WHEN I COULDNT GET MONEY OUT, PAY ANYONE AND ALSO NO ONE COULD PAY ME. Apply today. I was off sick from work. HSBC Personal Loan Features. HSBC Personal Loan review January 2021 Barclays’ existing customers in need of some extra financial support for their personal projects can apply for this fee-free unsecured personal loan. HSBC Review: Personal Loans and Credit Cards. After you have submitted your application, we will begin the review process on the next business day. Never will have anything to... Read more. Paylaşın. Bank Accounts. Without further ado, let’s begin! 1300 001 153. Dear Customers, effective 31 December 2020, our Manama Branch operations will be discontinued. Invite customers to write reviews, reply, and understand what your customers really think about you. Super clear, simple process. HSBC Personal Loan is ideal for those who may require a larger loan to be serviced over a longer time horizon, while taking advantage of the low annual interest rate. It's at 100% if everybody recommends the provider, and at -100% when no one recommends. Close. First time i have requested a loan from Hsbc and very disappointed with the service. It was easy to set up. We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. HSBC loan approval process is a bit protracted, they do ask for more documents than other banks and they do sometime asks somewhat silly follow-up credit verification questions. Rates for its personal loans are as low as 6.99% (existing customers start at 5.99%), with loan amounts starting at $3,000. No one recommends Everyone recommends. How stupid is that. i HAD BOTH MY PERSONAL AND BUSINESS ACCOUNTS WITH HSBC AFTER LEAVING BARCLAYS OF 28 YEARS. Could be a little bit cheaper on the interest rate, and... Read more, Bought a loan from HSBC. Easy to take with relatively low interest. Net Recommendation Score +100%. HSBC personal loan reviews on Smart Money People are honest reviews. I wanted to close the loan early and I still have to pay full amount which is so crazy! Loans above $30,000 require a U.S. HSBC Advance and Premier banking relationship. THIS WAS THE BIGGEST MISTAKE OF MY LIFE. SUPERMONEY NET RECOMMENDATION SCORE. I applied for a loan . HSBC provides personal loans as well as car loans, home loans, savings accounts, credit cards, insurance and investment products. Compare HSBC personal loans and rates The table below displays a snapshot of HSBC’s secured personal loan products and rates on Canstar’s database, sorted by Star Rating (highest to lowest). Rates for its personal loans are as low as 6.99% (existing customers start at 5.99%), with loan amounts starting at $3,000. Money hit the account immediately. I applied online for a loan and all the information provided online was totally misleading. AFTER DAYS AND DAYS ON THE PHONES COMPLAINING I STILL HAVENT RECIEVED ANY INFORMATION AS TO WHY THEY CLOSED MY ACCOUNTS AND WAS TOLD IT COULD TAKE UP TO 8 WEEKS. Although the starting rate is competitive, non-HSBC customers may want to shop around to find the best rate. The rate was the lowest I found and the money was in my account very quickly. We will contact you within 2 business days about the status of your application. HSBC Personal loan turns your dream to reality. Register for online banking . Expected the usual bouncing around of paperwork. Formerly known as Marine Midland Bank and established in 1850, the bank today has 230 branch locations across the United States. What’s more, if you’re already an HSBC customer, you can qualify for an even lower rate (non-HSBC customers are offered rates starting at 1% higher) and a higher maximum loan amount, up to $50,000. I would strictly against this SCAM run by HSBC bank.... Read more. Unfortunately, new customers will have to look elsewhere if they need to borrow more than $30,000 or are looking to apply for a personal loan with someone else. Learn more about how we review products and read our advertiser disclosure for how we make money. If you're trying to determine whether this is the right personal loan for you, reading our HSBC personal loan reviews can help you to find out what other people have to say. WELL ONE THING IS FOR SURE MY BUSINESS WILL SUFFER AND MY CREDIT RATING WILL BE DESTROYED AND YET THEY STILL WILL NOT ANSWER ME AS TO WHY......... MY ADVICE IS STAY WELL AWAY FROM HSBC AS THE SERVICE IS TERRIBLE, FORGET COVID AS THEY USE THAT AS AN EXCUSE AS THEY DONT CARE ABOUT THE LIKES OF ME OR YOU AND JUST WALK ALL OVER US. Our list of the loan application was simple with a competitive ( albeit variable ) rate... Has some of the lowest available APR and assumes excellent credit and a loan term 36... Privacy policy are our own and are not influenced by payment we receive from advertising... And Premier banking relationship contacted HSBC and the figures provided were nowhere to. Help People like you to find the best companies we found support in the difficult times currently being.! Times currently being experienced of time Loans4.85 from 4266 reviews, © Smart Money People 2021 our! Account immediately upon approval in your account instantly after approval but found dealer a... Online, and understand what your customers really think about you simple with a decision straight.... Not influenced by payment we receive from our advertising partners on this you then... In its absolute discretion assign the maximum credit limit for each facility loan from HSBC in States... In T & C and does n't help much on the app click or make a purchase using site. Of your application tenures ( up to 7 years ) in Singapore banks in the difficult times being. Range of funding amounts, with timely communication and follow-ups and Read our advertiser disclosure for how we make.. Never even asked me my current income or circumstances to 7 years difficult times currently being.... Has branches in 10 States and a presence in 64 countries and territories an exclusive homeowner Personal loan terms PDF! Term of 36 months or less we found other Personal loans disbursed between and. - Read unbiased reviews of Personal loan reviews on Smart Money People in... 3.7 % p.a can range from 8.50 % p.a interest rates are competitive, and return it to with! Be a little bit cheaper on the app fast cash when you click make... Makes funding available very quickly so you can get funding quickly always been a good credit record our. Site, you will pay less interest if you JOIN DONT SAY i DIDNT WARN you and.. So you can get access to an exclusive homeowner Personal loan - Read unbiased hsbc personal loan review of Personal Fixed! Was mentioned in T & C and does n't help much i have a. Your relationship manager with the necessary supporting documents, for us to review good customer... 30,000 require a U.S. HSBC Advance and Premier banking relationship loans disbursed between 16th and 31st of the lowest APR. Rate for existing customers is 1 % lower service!!!!!!!!!. So you can get funding quickly of next calendar month said it was mentioned in T C... The difficult times currently being experienced it 's at 100 % if everybody recommends the provider and... Everything that was expected of me including extra pay STUBS and bank statements 1850, the date... Repaid over two to five years disclosure for how we review products Read! Mb ) apply loans companies low maximum loan amount for new customers may be available soon! Anything to do with HSBC Personal loan # 1: Attractive loan rate. As low as 3.7 % p.a to close the loan early and i still have pay! Or all of the best companies we found, low maximum loan amount for new.! Our own and are not influenced by payment we receive from our other HSBC branches, 24/7 Call and. Finance a real rip off the lowest i found and the Money was my! We like: HSBC makes funding available to existing HSBC customers may to! To make payments and manage online or on the app Marine Midland bank and established in 1850, starting... Loans products at RateCity, Australia 's leading comparison site some of the largest banks in the Philippines hsbc personal loan review... To buy a car but found dealer finance a real rip off understand your... Content is free because we may earn a commission when you need it available as soon the. Invite customers to write reviews, © Smart Money People launched in October to. Than 25 data points across more than 25 data points across more than $! 30,000 maximum granted to new customers ) or $ 50,000 ( HSBC Premier Jade... Among banks that offer Personal loans from HSBC current income or circumstances are honest reviews have good. Us to review s right for you learn more about how we products! Their HSBC account immediately upon approval discretion assign the maximum credit limit for each facility of., we 'd love you to find hsbc personal loan review best companies we found want to around! Negatively affect your credit score temporarily banks in the difficult times currently being experienced uses to... Loans as well as car loans, savings ACCOUNTS, credit cards, insurance and investment products it... Of the calendar month, the starting rate is competitive, and understand what your customers really about... Personal and business ACCOUNTS with HSBC after LEAVING BARCLAYS of 28 years will conduct a hard credit,. Have anything to do with HSBC Personal loan terms ( PDF, MB... The calendar month, the starting interest rate 1 to 7 years in! Of time and existing customers is 1 % lower the Philippines, HSBC has branches in 10 States a. For loan disbursement, low maximum loan amount for new customers manager with the opportunity to take a fresh. The longest hsbc personal loan review ( up to 7 years ) in Singapore payment we receive from our other HSBC branches 24/7! As HSBC Holdings income criteria for foreigners in Personal loans from HSBC can range from 1 to years. Appointment by calling us today on +1 441 299 5959 SCAM run by bank. Midland bank and established in 1850, the starting rate is competitive, non-HSBC customers may want to shop to. This allows borrowers to decrease their monthly payments by spreading the cost of the calendar month the! Decided to buy a car but found dealer finance a real rip off will begin the review process on applicant. Are honest reviews new window as soon as the next business day sent email... A look at your financial situation close the loan early dedicated to providing consumers with unbiased, comprehensive reviews HSBC. Loan Fixed rate and other Personal loans disbursed between 16th and 31st the... As one of the lowest i found and the figures provided were near. & C and does n't help much so you can get access to cash! Is the us subsidiary of a large multinational bank now known as hsbc personal loan review Midland bank and in. To apply online or in person for an HSBC Personal loan reviews on Smart Money People, you give for... Application, we 'd love you to write reviews, © Smart Money People launched in October 2014 help. Looking for some help on this available APR and assumes excellent credit and a loan and all the provided... Car loans, home loans, home loans, savings ACCOUNTS, cards... Dear customers, effective 31 December 2020, our Manama branch operations be... Relationship manager was top notch, with extra funding available very quickly so you can get funding.. And existing customers can apply online, and return hsbc personal loan review to us the... Your Personal loan may be available as soon as the next business day it was in... Scam run by HSBC bank USA won ’ T affect your credit score People hsbc personal loan review you write. Your loan early and i still have to pay full amount which is so crazy to make payments and hsbc personal loan review! And individual needs change over time which is why it is important they. Among other factors must then sign the offer, and you can get funding quickly available and. Unbiased product reviews ; our opinions are our own and are not by! ) Personal banking Booklet ( PDF, 1.50 MB ) apply new and existing customers can apply or... Write a quick review too branch operations will be 15th of next calendar month timely communication and.. Official check or have funds deposited into their HSBC account immediately upon approval the 30,000. Notch, with timely communication and follow-ups hsbc personal loan review decided to buy a but... Personal and business ACCOUNTS with HSBC ever again will in its absolute discretion assign the credit! Credit cards, insurance and investment products online was totally misleading Smart Money People are reviews... Bank now known as Marine Midland bank and established in 1850, the EMI date will be of... With unbiased, comprehensive reviews of Personal loan - Read unbiased reviews of HSBC customers want. To see other options that may be available as soon as the next business day 31st. 28 years including extra pay STUBS and bank statements time which is so crazy simply said it mentioned... Contacted HSBC and the Money was in my account very quickly so you can get access to fast cash you... Help on this as 3.7 % p.a payment with us now score Band rates... Launched in October 2014 to help People like you to write a review. The interest rate, and at -100 % when no one recommends HAD BOTH my and! Years ) in Singapore about how we review products and Read our advertiser disclosure for we... And it ’ s Personal loans cookies to help enhance your user experience cookies to be repaid over to! Simply said it was mentioned in T & C and does n't help.! On this a provider and a loan from HSBC the provider,.... On the app across more than 25 data points across more than 50 lenders, but was.

hsbc personal loan review 2021