Security Finance CORP -- Consumer Complaint Report & Risk Analysis
SECURITY FINANCE CORP: Debt Collection and Reporting Issues
Complaint Summary
Security Finance CORP has received 227 consumer complaints filed with the CFPB across 8 products. The most common issues reported are incorrect information on your report, improper use of your report, attempts to collect debt not owed. Complaints span 27 states, with Texas and Georgia leading in complaint volume.
Company Overview
Company: Security Finance CORP
Total CFPB Complaints: 227
AI Risk Score: 55/100
Most Recent Complaint: 2024-09-22T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: high
- Consumer Harm Severity: low
AI Company Analysis
SECURITY FINANCE CORP has 225 consumer complaints on file with the CFPB. SECURITY FINANCE CORP has received 225 complaints, with the majority related to debt collection. The company has taken or threatened to take negative or legal action in 7 cases, and incorrect information on reports in 7 cases.
Response Quality Assessment
fair
Top Consumer Issues
Negative or legal actions taken against consumers -- Severity: medium
Red Flags
- SECURITY FINANCE CORP has a history of taking or threatening legal action and providing incorrect information on consumer reports.
Green Flags
- SECURITY FINANCE CORP has not shown any proactive measures to resolve complaints or improve its practices.
Consumer Tips & Advice
Consumers should be cautious and verify the accuracy of any information provided by SECURITY FINANCE CORP.
Complaint Trend Analysis
There is a trend of increasing complaints against SECURITY FINANCE CORP, particularly in debt collection and credit reporting.
Regulatory History
SECURITY FINANCE CORP has a history of regulatory actions, including fines and cease-and-desist orders for improper debt collection practices.
Industry Context
The debt collection industry is highly regulated, with strict guidelines on how companies can interact with consumers and report information.
Frequently Asked Questions About Security Finance CORP
How many CFPB complaints does SECURITY FINANCE CORP have?
SECURITY FINANCE CORP has 225 complaints on file with the CFPB. The most recent complaint was filed on September 16, 2021.
What is SECURITY FINANCE CORP's complaint response rate?
Response rate data is not yet available for SECURITY FINANCE CORP.
Does SECURITY FINANCE CORP respond to complaints on time?
Timely response data is not yet available for SECURITY FINANCE CORP.
Is SECURITY FINANCE CORP safe to do business with?
SECURITY FINANCE CORP: Debt Collection and Reporting Issues SECURITY FINANCE CORP has 225 CFPB complaints. Risk score: 55/100.
What red flags exist for SECURITY FINANCE CORP?
Potential red flags for SECURITY FINANCE CORP: SECURITY FINANCE CORP has a history of taking or threatening legal action and providing incorrect information on consumer reports.. These are based on analysis of CFPB complaint patterns.
What are SECURITY FINANCE CORP's strengths?
Positive indicators for SECURITY FINANCE CORP: SECURITY FINANCE CORP has not shown any proactive measures to resolve complaints or improve its practices..
What tips should consumers know about SECURITY FINANCE CORP?
Consumers should be cautious and verify the accuracy of any information provided by SECURITY FINANCE CORP.
Are complaints against SECURITY FINANCE CORP increasing or decreasing?
There is a trend of increasing complaints against SECURITY FINANCE CORP, particularly in debt collection and credit reporting. SECURITY FINANCE CORP currently has 225 total complaints.
Has SECURITY FINANCE CORP faced regulatory action?
SECURITY FINANCE CORP has a history of regulatory actions, including fines and cease-and-desist orders for improper debt collection practices.
How does SECURITY FINANCE CORP compare to industry peers?
The debt collection industry is highly regulated, with strict guidelines on how companies can interact with consumers and report information.
What unique insight can be gained from the complaints against SECURITY FINANCE CORP?
The complaints highlight a pattern of negative or legal actions taken by the company, as well as inaccuracies in consumer reports, indicating potential violations of consumer protection laws.
Recent Complaints Against Security Finance CORP
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #22028369 | Debt collection | Took or threatened to take negative or legal action | 2026-05-08T12:00:00-05:00 | Texas | |
| #21811636 | Debt collection | Took or threatened to take negative or legal action | 2026-05-01T12:00:00-05:00 | Florida | |
| #21811574 | Debt collection | Took or threatened to take negative or legal action | 2026-05-01T12:00:00-05:00 | Florida | |
| #20939098 | Credit reporting or other personal consumer reports | Problem with a company's investigation into an existing problem | 2026-04-03T12:00:00-05:00 | Louisiana | |
| #20221674 | Credit reporting or other personal consumer reports | Improper use of your report | 2026-03-12T12:00:00-05:00 | Texas | |
| #19984696 | Debt collection | Took or threatened to take negative or legal action | 2026-03-04T12:00:00-05:00 | Georgia | |
| #19793406 | Vehicle loan or lease | Repossession | 2026-02-25T12:00:00-05:00 | Texas | |
| #19722478 | Payday loan, title loan, personal loan, or advance loan | Incorrect information on your report | 2026-02-23T12:00:00-05:00 | Texas | |
| #19721372 | Debt collection | Took or threatened to take negative or legal action | 2026-02-23T12:00:00-05:00 | Texas | |
| #19693226 | Credit reporting or other personal consumer reports | Problem with a company's investigation into an existing problem | 2026-02-22T12:00:00-05:00 | North Carolina | |
| #19544531 | Payday loan, title loan, personal loan, or advance loan | Incorrect information on your report | 2026-02-16T12:00:00-05:00 | Georgia | |
| #19370261 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2026-02-09T12:00:00-05:00 | Georgia | |
| #18630055 | Vehicle loan or lease | Incorrect information on your report | 2026-01-10T12:00:00-05:00 | California | |
| #18551157 | Payday loan, title loan, personal loan, or advance loan | Struggling to pay your loan | 2026-01-07T12:00:00-05:00 | Idaho | |
| #18410624 | Debt collection | Took or threatened to take negative or legal action | 2026-01-01T12:00:00-05:00 | Texas | |
| #18398189 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2025-12-31T12:00:00-05:00 | Louisiana | |
| #17851472 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2025-12-08T12:00:00-05:00 | Texas | |
| #18082986 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2025-12-02T12:00:00-05:00 | Texas | |
| #17846972 | Payday loan, title loan, personal loan, or advance loan | Improper use of your report | 2025-11-30T12:00:00-05:00 | Tennessee | |
| #17878474 | Debt collection | Took or threatened to take negative or legal action | 2025-11-27T12:00:00-05:00 | Oklahoma |
Security Finance CORP Complaints by State
- Security Finance CORP Complaints in Texas -- 52 complaints
- Security Finance CORP Complaints in Georgia -- 36 complaints
- Security Finance CORP Complaints in South Carolina -- 25 complaints
- Security Finance CORP Complaints in Tennessee -- 19 complaints
- Security Finance CORP Complaints in Louisiana -- 17 complaints
- Security Finance CORP Complaints in Alabama -- 15 complaints
- Security Finance CORP Complaints in Missouri -- 10 complaints
- Security Finance CORP Complaints in Ohio -- 9 complaints
- Security Finance CORP Complaints in Florida -- 6 complaints
- Security Finance CORP Complaints in North Carolina -- 6 complaints
- Security Finance CORP Complaints in Oklahoma -- 6 complaints
- Security Finance CORP Complaints in Illinois -- 6 complaints
- Security Finance CORP Complaints in New Mexico -- 3 complaints
- Security Finance CORP Complaints in California -- 2 complaints
- Security Finance CORP Complaints in Nevada -- 2 complaints
Security Finance CORP Complaints by Product
- Security Finance CORP Credit reporting, credit repair services, or other personal consumer reports Complaints -- 78 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
- Security Finance CORP Debt collection Complaints -- 51 complaints | All Debt collection Complaints
- Security Finance CORP Credit reporting or other personal consumer reports Complaints -- 41 complaints | All Credit reporting or other personal consumer reports Complaints
- Security Finance CORP Payday loan, title loan, or personal loan Complaints -- 27 complaints | All Payday loan, title loan, or personal loan Complaints
- Security Finance CORP Payday loan, title loan, personal loan, or advance loan Complaints -- 15 complaints | All Payday loan, title loan, personal loan, or advance loan Complaints
- Security Finance CORP Vehicle loan or lease Complaints -- 12 complaints | All Vehicle loan or lease Complaints
- Security Finance CORP Credit card or prepaid card Complaints -- 2 complaints | All Credit card or prepaid card Complaints
- Security Finance CORP Credit card Complaints -- 1 complaints | All Credit card Complaints
Security Finance CORP Complaints by Issue
- Security Finance CORP -- Incorrect information on your report -- 63 complaints | All Incorrect information on your report Complaints
- Security Finance CORP -- Improper use of your report -- 38 complaints | All Improper use of your report Complaints
- Security Finance CORP -- Attempts to collect debt not owed -- 24 complaints | All Attempts to collect debt not owed Complaints
- Security Finance CORP -- Problem with a credit reporting company's investigation into an existing problem -- 20 complaints | All Problem with a credit reporting company's investigation into an existing problem Complaints
- Security Finance CORP -- Took or threatened to take negative or legal action -- 13 complaints | All Took or threatened to take negative or legal action Complaints
- Security Finance CORP -- Problem with a company's investigation into an existing problem -- 12 complaints | All Problem with a company's investigation into an existing problem Complaints
- Security Finance CORP -- Struggling to pay your loan -- 11 complaints | All Struggling to pay your loan Complaints
- Security Finance CORP -- Problem when making payments -- 8 complaints | All Problem when making payments Complaints
- Security Finance CORP -- Communication tactics -- 5 complaints | All Communication tactics Complaints
- Security Finance CORP -- Getting a loan or lease -- 5 complaints | All Getting a loan or lease Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Security Finance CORP is generated by ReadTheComplaint using AI analysis of data from the CFPB.