Any pay back on your loan, is always welcome. If HSBC is providing you the same rate of interest and the same processing fee as charged by any other bank and on the top of it pay back, this should be considered. Visit INVESTMENTBAZAR
The higher-ups have studied at top-notch colleges, secured maximum percentage, have hands-on experience etc.
Nevertheless, they come up with such layman idea. If this is called innovation and the management is paid fat salary for such stupid ideas, I really wonder if one has to do MBA in top colleges.
Even a Farmer, Vegetable Vendor, Small Business etc can come up with ushc DUMB ideas.
Don't get carried away by the schemes.
Just earn money, Save, then buy or spend within your means.
Loans are no good.
The only Loan that is excellent and every one should look at it EDUCATION LOAN. All other loans are as good as BAD.
Dont ever take a credit card or a home loan from this HS BC. A bank with no ethics and will do anything to attract customers and then swindle them. If they are offering you to payback 25K, that means you will made to pay 10 times more than if you take a loan from a Govt. Bank.