Consolidated Statement of Income (Loss) (Unaudited) (USD $) In Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Finance and other interest income	$ 1,620	$ 1,799	$ 3,216	$ 3,744
Interest expense on debt issued to:
Interest expense	639	807	1,313	1,625
Net interest income	981	992	1,903	2,119
Provision for credit losses	781	1,597	1,563	3,461
Net interest income (loss) after provision for credit losses	200	(605)	340	(1,342)
Other revenues:
Insurance revenue	64	75	124	143
Investment income	33	24	58	51
Derivative related income (expense)	(157)	(496)	(123)	(598)
Gain on debt designated at fair value and related derivatives	245	470	216	603
Fee income	58	32	104	109
Enhancement services revenue	102	101	206	204
Gain on receivable sales to HSBC affiliates	148	142	261	258
Servicing and other fees from HSBC affiliates	163	161	322	335
Other income	4	17	17	22
Total other revenues	660	526	1,185	1,127
Operating expenses:
Salaries and employee benefits	125	158	254	323
Occupancy and equipment expenses, net	20	14	44	42
Other marketing expenses	79	80	164	135
Real estate owned expenses	29	40	135	79
Other servicing and administrative expenses	382	169	549	387
Support services from HSBC affiliates	295	254	586	530
Amortization of intangibles	34	34	68	73
Policyholders' benefits	33	38	74	80
Total operating expenses	997	787	1,874	1,649
Loss from continuing operations before income tax	(137)	(866)	(349)	(1,864)
Income tax benefit	92	337	285	689
Loss from continuing operations	(45)	(529)	(64)	(1,175)
Discontinued Operations (Note 2):
Income (loss) from discontinued operations before income tax	(4)	12	(8)	78
Income tax benefit (expense)	1	(4)	3	(27)
Income (loss) from discontinued operations	(3)	8	(5)	51
Net loss	(48)	(521)	(69)	(1,124)
Debt issued to HSBC affiliates
Interest expense on debt issued to:
Interest expense	37	35	75	74
Debt issued to non affiliates
Interest expense on debt issued to:
Interest expense	$ 602	$ 772	$ 1,238	$ 1,551