Springleaf Finance

  www.springleaffinancial.com
  www.springleaffinancial.com

Springleaf Finance Reviews

Updated November 18, 2014
Updated November 18, 2014
156 Reviews
2.9
156 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Springleaf Finance President & CEO Jay Levine
Jay Levine
32 Ratings

Review Highlights

Pros
  • pay, get paid weekly, good benefits, off on sundays and most saturdays (in 13 reviews)

  • Great pay and benefits, Team environment (in 7 reviews)


Cons
  • Upper management will tell you one thing then will throw you under the bus claiming they never told you that (in 15 reviews)

  • No room for advancement due to office closings, arbitrary and consistently changing guidelines, poor compensation for miles driven (in 7 reviews)

More Highlights

48 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Financial Representative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Springleaf Finance full-time (more than an year)

    Pros

    health benefits, great pay, and bonus

    Cons

    poor management, only thing manger cared about was month numbers

    Advice to ManagementAdvice

    two opportunity to move up to become a manager

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    i learned a lot about credit

    Current Employee - Personal Loan Specialist in Jacksonville, FL
    Current Employee - Personal Loan Specialist in Jacksonville, FL

    I have been working at Springleaf Finance full-time (less than an year)

    Pros

    working with the customers was great

    Cons

    interview process took over 3 weeks. i had to interview with the assistant manager, the manager and the district manager

    Doesn't Recommend
    No opinion of CEO
  3. 1 person found this helpful  

    I was a Financial Representative at Springleaf Financial.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous in Sioux City, IA
    Former Employee - Anonymous in Sioux City, IA

    I worked at Springleaf Finance full-time (more than an year)

    Pros

    I loved my team and I thoroughly enjoyed the work that I did. It was very rewarding to help those in need.

    Cons

    Charging extremely high interest rates (i.e. 36% apr on $1000 loan) was different to present to potential customers. I wish we could have loaned money at lower rates, but since Springleaf is not a bank, they borrow their money at higher interest.

    Advice to ManagementAdvice

    The upper management was terrible and couldn't care less about the employees keeping their company in business. The only time I met someone in mgmt in the two+ years of employment, was the day they delivered my entire office a severance package.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Loan SPecialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative in Pittsburgh, PA
    Former Employee - Financial Representative in Pittsburgh, PA

    I worked at Springleaf Finance full-time (more than an year)

    Pros

    Its a job. benefits. health care coverage

    Cons

    Was made many promises by management with no follow throughs on their word. Pay increases few and far between. Upper management will tell you one thing then will throw you under the bus claiming they never told you that. Training is pointless and not educational.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Never again would I work here.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Account Specialist in Hermitage, TN
    Former Employee - Customer Account Specialist in Hermitage, TN

    I worked at Springleaf Finance full-time (more than an year)

    Pros

    This is a good opportunity to learn about the lending process.

    Cons

    Everything else was a con. You are soliciting people who already in debt and can't afford to pay so you spend time chasing them to repay. The training was substandard. Management is not supportive. Its all about the dollar.

    Advice to ManagementAdvice

    Be more supportive. Stop with the unrealistic goals.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    I have not been happy for years here...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Branch Manager in Chicago, IL
    Current Employee - Branch Manager in Chicago, IL

    I have been working at Springleaf Finance full-time (more than 8 years)

    Pros

    If you are a branch manager there is some ,very minimal, flexibility ...

    Cons

    Company is unfair with bonuses. I don't feel the company is honest reporting numbers ...

    Advice to ManagementAdvice

    Keep your employees happy and they will go the extra mile. Keep your employees down and you will get bare minimum...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Poor middle to upper management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative/Management Trainee
    Former Employee - Financial Representative/Management Trainee

    I worked at Springleaf Finance full-time (more than an year)

    Pros

    401k match, vacation and sick time, insurance good

    Cons

    Worked 2-3 Saturdays per month, worked late evenings either once or twice per week. Cannot take anytime off during last week of the month. Branch managers have no desire to help management trainees advance. DM doesn't make sure branch managers are held accountable for training new staff. High turnover rate. Bonus program is a joke if your not a branch manager

    Advice to ManagementAdvice

    Focus on retaining qualify employees and making sure management trainees receive the training and advancement opportunities that were promised. Bonus program is a joke for employees, while branch manager is fair. Remember that is takes a team to make a branch successful, not just one person.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Branch Manager

    • Comp & Benefits
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Springleaf Finance full-time (more than 3 years)

    Pros

    Good job out of college

    Cons

    Shady management. Willing to bend the rules to get promoted

  10. 2 people found this helpful  

    Overworked and under appreciated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Evansville, IN
    Current Employee - Manager in Evansville, IN

    I have been working at Springleaf Finance full-time (more than 10 years)

    Pros

    Good time off benefits.

    Cons

    The company is trying to grow in an extreme matter, where employes continually feel overwhelmed and unable to meet management objectives.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    BAD NEWS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Springleaf Finance

    Pros

    - You can dress very casual

    Cons

    - Forced to go to people's homes to collect past due bills
    - Short staffed
    - Inefficient computer systems

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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