Regional Management Corp..
RM.US | Other credit granting
Regional Management Corp. is a diversified financial services company providing a broad array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other traditional lenders. The company operates through a network of branch loc...Show More
Better Health for All
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The company's core lending products and aggressive debt collection practices are linked to severe, widespread negative health impacts
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. These practices cause significant emotional distress and physical illness, permeating the lives of consumers, and contribute to a 'debt trap' through refinancing despite inadequate underwriting
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. This indicates a business model that is directly harmful to mental health and dependent on a cycle of borrowing. Approximately 93.1% of the company's revenue is derived from these lending activities, which are associated with these serious health harms
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. While the company offers optional insurance products (credit life, accident & health) that provide financial relief during health-related events
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, these represent only 6.9% of total revenue and are not presented as alternatives or mitigation for the core harmful lending practices
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. There is no evidence of remediation efforts for these health externalities or initiatives to support mental health needs or reduce the addiction potential of its debt products.
Fair Money & Economic Opportunity
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The provided articles focus on Regional Management Corp.'s general financial performance, including Q1 2025 revenue
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, net receivables
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, auto-secured loans growth
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, interest and operating expenses
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, delinquency rates (7.1%)
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, and net credit loss rates (12.4%)
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. While the company is noted to target underserved borrowers and has opened 15 new branches in 10 new markets since September 2024
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, the articles do not provide specific data points for any of the KPIs related to Fair Money & Economic Opportunity. There is no evidence regarding the percentage of underserved clients served, pricing fairness (APRs), revenue from high-cost products, inclusion initiatives, data accessibility, wealth-building outcomes, profit reinvestment, financial literacy initiatives, customer debt burden ratios, or product simplicity. No specific regulatory actions, violations, fines, or compliance issues are mentioned, but this absence of negative findings does not provide evidence for proactive fair-lending practices.
Fair Pay & Worker Respect
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Regional Management Corp. reported a CEO pay ratio of 94:1 in 2024, with the CEO's compensation at $4,923,166 and median employee pay at $52,130.
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Employee reviews on Indeed.com show an overall rating of 3.0 out of 5 stars, with pay and benefits rated 2.9 out of 5 stars.
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Glassdoor reviews indicate an overall employee rating of 3.2 out of 5 stars, with compensation and benefits also rated 3.2 out of 5 stars.
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Reviews mention both positive aspects like a supportive environment and career development, and negative aspects such as poor management, lack of promotion opportunities, and high turnover. No specific quantitative data is available for living wage coverage, collective bargaining share, safety incident rates, pay equity ratios, formal worker engagement scores, labor violation incidents, insecure contract share, or health insurance coverage.
Fair Trade & Ethical Sourcing
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Regional Management Corp. is a financial services company, and as such, most KPIs related to the procurement and trade of physical commodities for fair trade and ethical sourcing are not applicable to its business model. This includes fair-trade certified spend, supplier audit frequency for sourcing, exposure to upstream child or forced labor practices, supply chain traceability for physical goods, remediation processes for sourcing violations, ethical sourcing clauses in contracts, and spend on high-risk materials. No data was found regarding the company's supplier diversity spend.
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Honest & Fair Business
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Regional Management Corp. has a formal Whistleblower Policy, last reviewed on January 29, 2025.
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This policy covers accounting, internal accounting controls, auditing matters, non-compliance with legal and regulatory requirements or the company’s Code of Business Conduct and Ethics, and retaliation against good faith reporters.
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Employees can submit reports anonymously and confidentially via written correspondence, a dedicated phone line (800-224-2330), or a web portal (www.regionalmanagement.ethicspoint.com).
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The policy explicitly prohibits retaliation against individuals who make good faith reports.
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Copies of reports are retained for seven years.
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However, the provided articles do not offer evidence regarding the independence of the investigation processes for these reports.
Kind to Animals
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No information relevant to the 'Kind to Animals' ethical value or any of its associated Key Performance Indicators (KPIs) was found in the provided articles for Regional Management Corp. The articles explicitly state that they contain no data regarding animal welfare practices, cruelty-free certifications, animal testing, or related policies and operations.
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No War, No Weapons
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No specific, concrete data points were found in the provided articles regarding RM.US's involvement in arms manufacturing, military contracts, conflict facilitation, or related peace initiatives. The articles either discuss general ESG methodologies
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, studies on other companies or industries
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, or provide general corporate information for RM.US without addressing any of the 'No War, No Weapons' KPIs
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.
Planet-Friendly Business
0
No specific, concrete data points or disclosures relevant to any of the Planet-Friendly Business KPIs were found in the provided articles. The available information explicitly states an absence of reported data for all environmental metrics, including emissions, targets, renewable energy use, water consumption, waste diversion, and various climate-related initiatives and disclosures.
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Respect for Cultures & Communities
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The company has 11 formal partnership agreements with various non-profit organizations, including the American Heart Association, Junior Achievement, and Hope Center for Children.
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There are no reported cultural appropriation incidents, nor any cultural site disruptions, which aligns with the company's business model. Similarly, Free, Prior, and Informed Consent (FPIC) processes and specific cultural impact assessment protocols are not applicable to its operations. The company provides standard grievance mechanisms, including a hotline available in English and Spanish, for employees and other interested parties, but these are not community-specific.
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There is no specific community representation on governance bodies, and charitable giving is general rather than focused on cultural heritage.
Safe & Smart Tech
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The company states it has not experienced a material cybersecurity incident.
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All employees are required to complete annual cybersecurity training
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and quarterly compliance training, with new employees receiving a comprehensive curriculum including assessments.
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Users have access to online account information, can opt-in/out of investor alerts, manage cookie settings, and the company recognizes Global Privacy Control (GPC) signals.
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For California residents, comprehensive CCPA rights are provided with clear mechanisms for requests.
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The company's cybersecurity program aligns with the NIST Cybersecurity Framework
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and includes regular environmental testing, with annual penetration testing performed by third-party consultants.
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Loan origination software is designed to aid in compliance, and multiple privacy policies are in place.
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However, the company collects an extensive list of personal information categories, including sensitive data like medical and insurance information, without detailed justification for necessity across all products or specific retention periods.
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Furthermore, the company entered into a Consent Agreement with the CFPB in January 2024, granting the CFPB supervisory authority for two years, following a Notice of Recommended Enforcement Action.
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Zero Waste & Sustainable Products
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No evidence was found in the provided articles regarding Regional Management Corp.'s performance on any of the 'Zero Waste & Sustainable Products' KPIs. The articles either focused on the company's financial and governance matters
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,
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or discussed general circular economy initiatives in other industries or geographical regions
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,
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,
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, none of which were attributable to RM.US.