Customer ReviewsforRegional Management Corp

STAY AWAY!!! These *** blood suckers charged me half the amount I borrowed as interest. Borrowed 1200 and ended up paying about $2000. These vampires call and harass you. They even go to your HOUSE!!!

Regional finance takes advantage of its customers with predatory lending practices. Back in November I obtained a personal loan from them. I normally pay loans back with this company within a month or two and use them as a short term lending resource to make larger purchases or get through particular time frames. The site specifically states that loan interest rates can be anywhere from 24% to 34.99% for loans spanning anywhere from 24 months on up. I received $2000 from the company. I made a full payment of $181 in December which is the monthly payment. I made another payment in January of $1000 as well as another $1000 payment in February. I asked specifically what my pay off would be and was told it would be $347 or so which seemed high to borrow money for less than four months but decided to not make an issue. I reached back out on the 13th of March to see what a pay off would be for the 1st of April and was told that my payoff would be $687. I was confused nevertheless. I asked how this was possible and was told that the interest from the 20th of March until the 1st of April would be $340. I was under the impression that interest can only be charged on money you owe not money you don’t owe. I was informed that the interest rate on the funds I borrowed was 80% APR!! I understand I should’ve paid closer attention to the contract I was signing but I would’ve never believed that this was possible!! I contacted the home office immediately and requested for a supervisor to reach out to me as soon as possible. I’ve not received any correspondence regarding this issue. I’m in disbelief that I could possibly be charged $868 dollars in interest total to borrow funds for less than 4 months!! I’m also bothered that this is nowhere on the website clearly stated that you can be charged 80% interest on any loan product of any kind. I’m extremely disappointed with this company. The branch customer service is great. I only have any issue with the company unethical practices.

Predatory loans. Harassment calls during working hours. I wouldn’t recommend even if it’s to save a life!

Racist evil crooks. They are scam artist and when you call them out on it they lie and use racist tropes.

My elderly mother received a "check" for a $1500 loan. The terms are what caused me to write this review. The terms are 64.98% APR. For 24 payments on a $1500 loan, plus $1,215.36 finance charge, plus $100 origination fee, the total amount repaid in 2 years is $2,715.36. IF someone needed a loan for $1500 then I'm pretty certain they couldn't afford monthly payments at 65.98% APR. Seems like that % rate should be against some law.

Dont do business with these people, they're scammers looking for a sucker to cash the check they send to "people with good credit" I have good credit and money in the bank. Why would I borrow 2,600 bucks that would cost me over 35.99% interest? Apparently, I was on a list according to the girl I talked to ant the office in San Bernardino. This needs to stop! 35.99% interest? give me a break! SCAMMERS!

I’ve had an account open with community credit for a year now. Yes there’s been times where I didn’t make my payment on time but would always let them know ahead of time I need to reschedule my payment. There was a time they charged my card for 2 payments. One was a late payment and the other payment was for an upcoming payment that was due in 2 weeks. I never gave them consent to run that second payment. Each and every time it’s always an excuse as to why they can’t do it and run my card anyway. Overdrawing my account. My loan agreement states my payments are due on the 9th of every month. Today is the 6th and I get a voicemail from the manager being rude saying how he doesn’t know how many times I’ve been late on making my payments but it’s every month I’m late. So I call back and as soon as he gets on the phone he give me straight attitude. I tell him I don’t appreciate the voicemail he left me he cuts me off by saying how about you make your payments on time how about that. I went off on him including how they always say they’re there to work with you and they don’t. There’s been other issues I’ve had with this business in the past but it’s too much to type. But you’ll be better off getting a loan somewhere else

the branch in lumberton north carolina ran my credit without my authorization. that is illegal. i reported them to the nc doj already

I received a loan for $2200 in August 2022. It is now April 2023 and I owe $2700 on the loan. I was going to refinance last month and they wanted to give me $300 and raise my monthly bill by almost $50. The ones interest rate is over 60%. How is this even legal,?

This Financing team is horrible. I have a signed contract that excluded a $99.95 charge for a fee to ATMC for Auto Plus Plan. Not only did their representative sign off that it was not included in the loan but in addition there is a place on the contract to initial if you want the coverage. I did not initial. I called for a pay off because the interest rate is far too high and addressed the fee and asked that it be deducted from the payoff amount. When I explained it to the manager Lisa she said I made an agreement with Wayne and I should have had the contract done over?????? I am in a contract with Regional Management Corp., not Wayne. I trusted Wayne as a representative of Regional to properly provide me with accurate information. I paid my loan in a timely manner, I am asking for a pay-off which excludes a fee I did not authorize and Lisa is telling me I made an agreement with a staff member what is that??? She was so rude, yelling, over talking me, unprofessional and all I wanted was a pay off. DO NOT DO BUSINESS with this company. You can find loans for a much better interest rate and a company that is reliable and honors their word.