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Southern Management Systems Inc. — Overview
C+ Overall
Southern Management Systems Inc. is rated overall in the top 56th percentile based on 155 customer complaints.

Statistics

Number of Complaints155 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner100.0%
Resolutions Disputed by Customer10.7%
Complaints Resolved in Customer's Favor100.0%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
56th
percentile

Contact Information

Not Available

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Southern Management Systems Inc. — Summary

Southern Management Systems Inc. is ranked 179th out of 3,648 banks. That puts Southern Management Systems in the top 56th percentile and gives them an overall grade of "C+". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 155 complaints against Southern Management Systems and 1,002,502 complaints total.

Of the 155 complaints again Southern Management Systems, there have been 51 in the passed 18 months. Of those 51 complaints, 100.0% have been resolved in the customers favor, 10.7% have been disputed by the customer, and 100.0% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely".

The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.

Break-down by Financial Product

Grades are also broken down by financial products offered by each institution. Southern Management Systems Inc. is graded in 0 categories of financial products they offer. The top 2 categories are Debt Collection and Credit Reporting.

Southern Management Systems Inc. is rated

Click here to see Complete Southern Management Systems Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Southern Management Systems Inc.. Click here to see all complaints against Southern Management Systems.

# Product Sub-Product Issue Count
1 Debt collection Other debt Written notification about debt 7
2 Debt collection Other (i.e. phone, health club, etc.) Cont'd attempts collect debt not owed 6
3 Credit reporting Credit reporting Incorrect information on your report 6
4 Debt collection I do not know Written notification about debt 5
5 Debt collection Other debt Attempts to collect debt not owed 5
6 Debt collection Other debt Took or threatened to take negative or legal action 3
7 Debt collection I do not know Cont'd attempts collect debt not owed 2
8 Debt collection Other (i.e. phone, health club, etc.) Disclosure verification of debt 2
9 Debt collection Other (i.e. phone, health club, etc.) Improper contact or sharing of info 2
10 Debt collection Other (i.e. phone, health club, etc.) False statements or representation 2
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/southern-management-systems-inc