HSBC Finance Corporation - Registration No. 333-120496 Rule 424(b)(3) Preliminary Pricing Supplement No. 85 Subject to Completion - dated October 23, 2006
CUSIP Number	Principal Amount		Gross Concession	Net Proceeds	Coupon Type	Coupon Rate	Coupon Frequency	Day Count Basis
40429XPH3	[$ ]		0.200%	[$ ]	Fixed	5.050%	Monthly	30/360
Maturity Date	1st Coupon Date		1st Coupon Amount	Survivors Option	Product Ranking	Moody's Rating	S & P Rating
11/15/2007	12/15/2006		$6.03	Yes	Senior Unsecured Notes	Aa3	AA-
Redemption Information: Non-Callable
CUSIP Number	Principal Amount		Gross Concession	Net Proceeds	Coupon Type	Coupon Rate	Coupon Frequency	Day Count Basis
40429XPJ9	[$ ]		0.400%	[$ ]	Fixed	5.100%	Semi-Annual	30/360
Maturity Date	1st Coupon Date		1st Coupon Amount	Survivors Option	Product Ranking	Moody's Rating	S & P Rating
11/15/2008	05/15/2007		$27.34	Yes	Senior Unsecured Notes	Aa3	AA-
Redemption Information: Non-Callable
CUSIP Number	Principal Amount		Gross Concession	Net Proceeds	Coupon Type	Coupon Rate	Coupon Frequency	Day Count Basis
40429XPK6	[$ ]		1.000%	[$ ]	Fixed	5.150%	Quarterly	30/360
Maturity Date	1st Coupon Date		1st Coupon Amount	Survivors Option	Product Ranking	Moody's Rating	S & P Rating
11/15/2011	02/15/2007		$14.73	Yes	Senior Unsecured Notes	Aa3	AA-
Redemption Information: Non-Callable
Joint Lead Managers and Lead Agents: Banc of America Securities LLC, HSBC Securities (USA) Inc. and Incapital LLC. Agents: A.G. Edwards & Sons, Inc., Charles Schwab & Co., Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets, a division of National Financial Services, LLC, Merrill Lynch & Co., Morgan Stanley, RBC Dain Rauscher Inc., UBS Securities LLC and Wachovia Securities, LLC. If the maturity date or an interest payment date for any note is not a Business Day (as term is defined in Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date. The notes represent obligations of HSBC Finance Corporation and are not obligations of, nor guaranteed by, HSBC Holdings plc or any of its affiliates.
HSBC Finance Corporation 2700 Sanders Road Prospect Heights, IL 60070		Offering Dates: Monday, October 23, 2006 through Monday, October 30, 2006 Trade Date: Monday, October 30, 2006 @ 12:00 PM ET Settlement Date: Thursday, November 02, 2006 Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial Trades Settle Flat and clear SDFS: DTC Book Entry Only DTCNumber: 0235 via RBC Dain Rauscher Inc. InterNotes® is a registered trademark of Incapital Holdings LLC All rights reserved.					HSBC Finance Corporation $5,000,000,000 HSBC Finance InterNotes Prospectus Dated 17-Dec-04