What Hopkins Management Group Doesn't Tell You
They promise rent-to-own won't hurt your credit. The reality is different.
Hopkins Management Group markets their rent-to-own financing for portable buildings and trailers with claims like "will not hurt your credit" and "no credit check needed." But HMG reports payment history to credit bureaus, and late or missed payments can damage your credit score for up to seven years.
Their Promises vs. The Reality
Hopkins Management Group uses these marketing claims to attract customers. Here's what they don't mention.
“Will not hurt your credit”
HMG reports to credit bureaus. Late or missed payments will damage your credit score.
“Bad credit okay”
While they may approve you regardless of credit history, this doesn't mean your credit is safe. They report payment history to credit bureaus.
“All you need is your driver's license”
A low barrier to entry doesn't mean there are no consequences. HMG's reporting to credit bureaus means your payment history follows you.
“No credit check needed”
Not running a credit check upfront doesn't mean they won't affect your credit. They report to bureaus, and negative marks can stay on your report for up to 7 years.
About Hopkins Management Group
Hopkins Management Group (HMG) is a rent-to-own financing company based in Union City, Tennessee, founded in 2010. Under CEO Alex Hopkins, the company provides financing for portable buildings, storage sheds, and trailers — including utility, gooseneck, dump, and cargo trailers — through dealer networks across 38 states.
While HMG's marketing emphasizes easy approval and no credit checks, consumers should understand that their payment activity is reported to credit bureaus, which can have lasting consequences.
Learn more about HMGFind Your State
HMG operates in 38 states. Find consumer protection resources for your area.
Protect Yourself
If Hopkins Management Group has reported negative information to your credit report, you have options. Filing complaints with federal agencies helps hold companies accountable and protects other consumers from experiencing the same issues.
Take Action
If Hopkins Management Group has damaged your credit, you have the right to file complaints with regulatory agencies. Every complaint matters.
Every complaint filed with the CFPB and FTC is part of the public record and contributes to regulatory oversight. Your report can help trigger investigations that protect thousands of other consumers.