CompuCredit Reviews

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3.0
7 Reviews
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Approve of CEO
CompuCredit Chairman and CEO David G. Hanna
David G. Hanna
16 Ratings

7 Employee Reviews

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  1. Mixed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director Operations in Atlanta, GA
    Former Employee - Director Operations in Atlanta, GA

    I worked at CompuCredit full-time (more than 5 years)

    Pros

    Operations/Customer Service was a great place to execute on high-value ideas and initiatives with little red tape and be recognized for initiative and hard work. Management did a great job of creating an optimal environment within Operations and cross-functionally where possible to deliver results.

    Cons

    Intra-department politics & related business ineffectiveness not addressed by Senior Management. Diversification of core business to improve stability.

    Advice to ManagementAdvice

    Senior Leadership was not trusted, probably due to being too disconnected from employees. Value people and their ideas. Understand what's going on closer to the front lines. Build trust. Actively and intentionally engage people, remove roadblocks, empower each department, and your employees will drive success for you.

    Doesn't Recommend
  2. Collections Representative at CompuCredit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Collections Representative in North Wilkesboro, NC
    Former Employee - Collections Representative in North Wilkesboro, NC

    I worked at CompuCredit

    Pros

    CompuCredit offers a lot of flexibility as far as working full time or part time. There are also different shifts that you can work which allows a lot of people to work and a lot of new jobs offered in the area.

    Cons

    Working on subprime credit cards and collecting was terrible. The people you are collecting from have the worst credit possible and it's hard to get them to pay. You are compensated on how many people you can get to pay thier past due credit card.

    Advice to ManagementAdvice

    Offer more advancement opportunities and training for employees. Stop sending all the jobs overseas, no one wants to hear from somone from overseas.

    Doesn't Recommend
    No opinion of CEO
  3. Working at CCRT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at CompuCredit

    Pros

    The people are the best. Everyone works very well together.

    Cons

    Communication is not very good between management and employees. The business units don't communicate with each other.

    Advice to ManagementAdvice

    Keep your employees more informed on what is going on. Each of the department heads need to talk with each other.

    Doesn't Recommend
    No opinion of CEO
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  5. 1 person found this helpful

    Good place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at CompuCredit

    Pros

    Friendly and relaxed culture
    Team spirit

    Cons

    Instabe at this point
    Growth prospects are few
    No direction at this point

    Advice to ManagementAdvice

    The company has some exceptionally talented and hardworking people. It was rated one of the fastest growing companies in Atlanta a few years back. Hope it lives up to the title

    No opinion of CEO
  6. Fun place to work when market conditions are in its favor.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant General Counsel in Atlanta, GA
    Current Employee - Assistant General Counsel in Atlanta, GA

    I have been working at CompuCredit

    Pros

    The company in general is entrepreneurial. They are willing to pursue new ideas and new industries. Management is heavily vested in the company and willing to be aggressive in making major decisions. Also, job roles aren't always restrictive, so one can provide input outside of their specific area. Depending on the area, the company is mostly not bureaucratic and very much merit-based in how people are treated. Also, their compensation rates have historically been on the higher side for the industry. Further, CompuCredit is genuinely trying to offer a better value proposition for its customers, so it's good to know that the company, despite stories to the contrary, is trying to do things the right way.

    Cons

    The prospects for consumer lending for the subprime population is very poor. Given the challanges facing this entire industry and the limitations on funding sources, this company is simply in the wrong place at the wrong time. Much will be decided in the next year regarding the continued viability of the company. Also, the benefits package is limited, though compensation is normally solid.

    Advice to ManagementAdvice

    Stay aggressive. Look at process improvement more in trying to cut costs.

    Approves of CEO
  7. CompuCredit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Collections Representative
    Former Employee - Collections Representative

    I worked at CompuCredit

    Pros

    The people make it a laid back enviornment. The bonus structure allows for motivation. Management is welcoming and caring. It feels like a family.

    Cons

    The desk and computer quality

    Advice to ManagementAdvice

    Leadership is genuine and great friendships are established. Leaders are willing to share knowledge and help employees grow and develop.

    Approves of CEO
  8. 2 people found this helpful

    Can be a good place to work ... while it lasts

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CompuCredit

    Pros

    Some parts are bad, some are better - but one has to realize that you work for a dying subprime giant.

    Cons

    They will lowball you on pay; and promotion opportunities are non existent since the whole thing is going under soon,

    Advice to ManagementAdvice

    Branch out into the different areas to survive - subprime credit card lending is dead and it is not coming back.

    Disapproves of CEO

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