Folks looking for a little financial security might turn to Security Finance Corporation of Spartanburg. Founded in 1955, the consumer loan company provides personal loans typically ranging from $100 to $600 (some states, however, allow loan amounts as high as $3,000). Customers can also turn to Security Finance for credit reports and tax preparation services. The company has approximately 800 offices in about 15 states operating mainly under the Security Finance, Sunbelt Credit, and PFS banners. It also has locations operating as Security Financial Services and Longhorn Finance in North Carolina and Texas, respectively.
Security Finance exited Colorado in 2010 after the state's attorney general general office filed a compliant that the company had been refinancing some consumer loans more than three times a year (the limit under Colorado law). The company agreed to repay acquisition fees that it had charged the customers for refinancing the loans. – less