INDEPENDENT AUDITOR'S CONSENT




The Board of Directors
HomeGold Financial, Inc.

We consent to incorporation by reference in the registration  statements on Form
S-8 (No.  333-07925) 1995 Director Stock Option Plan Stock Plan, (No. 333-07927)
1995 Restricted Stock Agreement Plan, (No.  333-07923) 1995 Officer and Employee
Stock Option Plan and (No.  333-20179)  Employee Stock Purchase Plan of HomeGold
Financial,  Inc. of our report dated April 8, 2002, relating to the consolidated
balance sheets of HomeGold  Financial,  Inc. and subsidiaries (the "Company") as
of  December  31,  2001 and  2000 and the  related  consolidated  statements  of
operations,  shareholders'  deficit  and cash flows for each of the years in the
three-year  period ended  December 31,  2001,  which report  appears in the 2001
Annual Report on Form 10-K of the Company.





/s/ Elliott Davis, LLC

ELLIOTT DAVIS, LLC
Greenville, South Carolina
April 16, 2002