Liberty Finance Co, Inc | Company Profile

Agent

Name	Role	Address
C ERNEST FELKER	Agent	254 South Main St, P O Box 1257, Grenada, MS 38902

Incorporator

Name	Role	Address
C Ernest Felker	Incorporator	134 Southlakes Drive, Grenada, MS 38901-8408

President

Name	Role	Address
Charles Ernest Felker	President	254 South Main Street, Grenada, MS 38901

Secretary

Name	Role	Address
Charles Ernest Felker	Secretary	254 South Main Street, Grenada, MS 38901

Director

Name	Role	Address
C Kevin Felker	Director	254 South Main St, GRENADA, MS 38901
Charles Ernest Felker	Director	254 South Main Street, Grenada, MS 38901
E Lance Felker	Director	254 South Main, Grenada, MS 38901

Vice President

Name	Role	Address
C Kevin Felker	Vice President	254 South Main St, GRENADA, MS 38901
E Lance Felker	Vice President	254 South Main, Grenada, MS 38901

Treasurer

Name	Role	Address
Sharron S Felker	Treasurer	254 South Main St, GRENADA, MS 38901

Filings

Type	Status	Filed Date	Description
Annual Report	Filed	2025-02-18	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2024-02-20	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2023-02-09	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2022-02-01	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2021-02-10	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2020-01-03	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2019-04-04	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2018-04-04	Annual Report For Liberty Finance Co, Inc.
Registered Agent Change of Address	Filed	2017-09-13	Agent Address Change For C ERNEST FELKER
Annual Report	Filed	2017-03-27	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2016-02-22	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2015-03-03	Annual Report For Liberty Finance Co, Inc.
Annual Report	Filed	2014-04-07	Annual Report
Annual Report	Filed	2013-03-06	Annual Report
Annual Report	Filed	2012-03-23	Annual Report
Annual Report	Filed	2011-04-12	Annual Report
Annual Report	Filed	2010-02-27	Annual Report
Annual Report	Filed	2009-03-02	Annual Report
Annual Report	Filed	2008-04-02	Annual Report
Annual Report	Filed	2007-05-30	Annual Report

CFPB Complaint

Complaint Id

Date Received

Issue

Product

3231289

2019-05-03

Struggling to pay mortgage

Mortgage

Issue	Struggling to pay mortgage
Timely	Yes
Company	Liberty Finance Co., Inc.
Product	Mortgage
Sub Product	Conventional home mortgage
Date Received	2019-05-03
Submitted Via	Web
Company Response	Closed with explanation
Consumer Disputed	N/A
Date Sent To Company	2019-06-27
Company Public Response	Company has responded to the consumer and the CFPB and chooses not to provide a public response
Complaint What Happened	On XX/XX/XXXX of XXXX my husband and I wanted to take a loan out on either our house or our land. Not both. We owned it outright and its value is approx XXXX. I had recently been diagnosed with XXXX and was about to start XXXX. We needed the extra money to pay Bill 's we were behind on and get a new vehicle. We let them know I wasnt working and was fighting social security. We still are. We wanted XXXX and was approved and told to come back the next day to sign papers. We asked for a XXXX dollar advance and was told we could pick the check up in two days. When we came back mrs. XXXX told us that an old loan of mine was never paid off even though my check was garnished. My former employer only paid half of it and they claimed to now i was responsible for the rest even tho j paid it in full to her. They said they would have to finance what I owed into the loan and would have to sue her. They said they would get me the paperwork as to what I owed and what was being financed and also how much interest it would accumalate over the term so I would know the amount to survive for. Never got it. I've asked several times. This changed the rate on the loan, the payments, and the length. It went from a four year loan to six and the apr changed to 31percent. At the end of the term we will be paying back XXXX. At no point in time were we ever told that the advance we got was another loan that was opened on XX/XX/XXXX and closed on XX/XX/XXXX. They charged us XXXX to finance it into our loan and then financed XXXX on top of the XXXX we borrowed and the XXXX I owed from the old loan. When I started XXXX, it was detrimental to my health and our finances. I was in and out of the hospital in XXXX for three months. I emailed and called liberty and asked for help. They never responded. I was well enough at one point to go down there and ask about getting some help or for a pass on a payment to help us while we were going thru the financial hardship. XXXX, the manager couldnt explain to me the reasons why the numbers didnt match on the loan regarding the cash in hand and the two loans that we didnt know about. The numbers on the loam.theybsaid in owed didnt match the paperwork they had sent me a year prior compared to what they financed on the loan. The payoffs were different. The amount t owed was less on my old.letter. He couldnt give me any paperwork and said I had to wait for XXXX. I got sick again and they did not offer any help towards the situation. They never had us sign two loans. They didnt even research the title but they charged us XXXX for it. I did the title search. We never had an appraisal. It was the owner, XXXX and XXXX who came. We didnt realize the land had been put into the loan until we faced foreclosure for the first time. This is the third time and the numbers still dont match. Our credit report isn't correct on what we have paid and it hasn't been a year yet. We owe XXXX on monday or our house and land gets sold. We paid XXXX three months ago when they tried to foreclose. It was supposed to be XXXX but they cut out the lawyer fees supposedly and were supposed to edit our payments. They never did. They never called us, never tried to get in contact or return my calls. Theybsaid they would help us homestead it also well at least direct us in the right direciton.I believe this is mortgage fraud. Now we are losing our XXXX home to a XXXX loan.
Consumer Consent Provided	Consent provided

4078923

2021-01-19

Struggling to pay mortgage

Mortgage

Issue	Struggling to pay mortgage
Timely	Yes
Company	Liberty Finance Co., Inc.
Product	Mortgage
Sub Product	Conventional home mortgage
Date Received	2021-01-19
Submitted Via	Web
Company Response	Closed with explanation
Consumer Disputed	N/A
Date Sent To Company	2021-01-19
Company Public Response	Company believes it acted appropriately as authorized by contract or law
Complaint What Happened	In XXXX of XXXX we took out a loan that was supposed to be for XXXX, that ended up being over XXXX and a year longer than originally quoted. They added an old debt of mine that had been garnished from my wages My ex employer paid half of it but failed to pay the rest. I was told to sue my employer. Although they assigned her care and control of the debt in which she collected in full, i had to pay it again .... financed and over a 6 year term. We were desperate at the time because I had just been diagnosed with XXXX and the need was for a reliable vehicle to get back and forth to XXXX treatments. Over the next two years we went into foreclosure 3 times. We paid over XXXX to Liberty in fines, fees and interest. Every time we requested help from the company, we were repeatedly ignored or dismissed by XXXX XXXX. He intentionally targeted us and never gave us the same treatment as others. I requested a breakdown of fees and fines and costs only to be told he didn't have it in the system anymore and to ask their attorney for the breakdown. The attorney sent me back to liberty where he typed one up that didn't make any sense or match. I requested a forbearance as well as leniency. Denied. It wasn't until we contacted CFPB did they agree to " help ''. Their help was rewriting the loan for twice the original loan. There are fraudulent misappropriated money dealings, misleading loan documents that weren't and can not be explained, they have involved my mother in law now and have publicly embarrassed her as well as messed up some title work that they won't clear up. We have been charged for services that weren't rendered as well as not given paperwork on some new loan they have charged off. The first loan was satisfied yet never reported to the credit bureau. Our credit has been ruined and we feel humiliated and in fear of losing our home. We have offered numerous times payments but they will not be reasonable. I even tried to pay XXXX today in which I was denied. They are aware of mine and my husband 's serious health issues yet there is no consideration. As it stands now we owe XXXX dollars for a XXXX loan. 6 months ago we paid XXXX and it does not reflect
Consumer Consent Provided	Consent provided

Paycheck Protection Program

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

4790537209

2020-04-27

0470

PPP

P.O. Box 1257, GRENADA, MS, 38902

Loan Status Date	2022-01-07
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	114547
Loan Approval Amount (current)	114547
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	202885
Servicing Lender Name	First Commercial Bank
Servicing Lender Address	4450 Old Canton Rd, Ste 101, Jackson, MS, 39211-6376
Rural or Urban Indicator	R
Hubzone	N
LMI	Y
Business Age Description	Existing or more than 2 years old
Project Address	GRENADA, GRENADA, MS, 38902-0001
Project Congressional District	MS-02
Number of Employees	13
NAICS code	522291
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Subchapter S Corporation
Originating Lender ID	202885
Originating Lender Name	First Commercial Bank
Originating Lender Address	Jackson, MS
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	-
Forgiveness Paid Date	-

Name:	Liberty Finance Co, Inc.
Jurisdiction:	MISSISSIPPI
Business Type:	Profit Corporation
Status:	Good Standing
Effective Date:	17 Nov 1992 (32 years ago)
Business ID:	592582
ZIP code:	38901
County:	Grenada
State of Incorporation:	MISSISSIPPI
Principal Office Address:	254 South Main St, 254 South MainGRENADA, MS 38901

Liberty Finance Co, Inc.

Company Details