Southern Management Corp Consumer Loan Complaint

Installment loan Taking out the loan or lease

Southern Management Corp Consumer Loan department,

Installment loan Taking out the loan or lease Tennessee

I received the attached advertisement in the mail. I did not solicit anyone for a loan. I called the number to stop receiving offers. The recording said they would need my 'Social Security Number '' in order to take my name permanently from their records. It is obvious that this is a scam to get people 's social security numbers. Additionally, the amount of interest equates to 92.52 % per year. I am pretty sure that is illegal. ( I have scratched out my info on the check so it can not be used )

Southern Management Corp customer in Tennessee
Jul 18, 2016

* Source: CFPB Complaint Database

Southern Management Corp response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Southern Management CorpComplaint HistoryComplaints8/20146/201512/20157/201600.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Southern Management CorpTaking out the loan or lease100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageTaking out the loan or lease0.6%6.7%1.1%0.3%2.4%5.5%81.9%1.4%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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