Republic Finance LLC

www.republicfinance.com
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Republic Finance LLC Reviews

Updated February 18, 2015
Updated February 18, 2015
12 Reviews
3.3
12 Reviews
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  1.  

    Not worth it

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

    I worked at Republic Finance LLC

    Pros

    The pay is decent and there seems to be opportunities to move up

    Cons

    The stress of having to hit so many collection goals or else you will be punished with forced overtime paired with the shady business practices of this company makes the decent pay not worth the stress

    Advice to ManagementAdvice

    Look for more regulatory policies for regional management so the branches can feel less unethical about some of the business practices

    Doesn't Recommend
    Negative Outlook
  2.  

    Current Employee

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

    I have been working at Republic Finance LLC

    Pros

    Excellent schedule, understanding management, super training.

    Cons

    Have no cons that I have found.

    Recommends
    Positive Outlook
  3.  

    Stressful place to work - toxic working environment

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

    I have been working at Republic Finance LLC full-time (more than 5 years)

    Pros

    Overall pay (best for managers), mostly good people, room for growth if you are willing to relocate and can produce results

    Cons

    Training, poor communication from upper management, slow to change and adapt - not technologically advanced, upper management will accept mediocre performance from some employees but not from all

    Advice to ManagementAdvice

    give employees the resources necessary to succeed

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  5.  

    A good learning experience.

    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Republic Finance LLC

    Pros

    Good salary
    Flexibility
    Corporate office organization

    Cons

    Senior management
    Turn over
    Long hours & unattainable goals

    Advice to ManagementAdvice

    scare tactics only work for a little while

  6.  

    Assistant Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Manager in Baton Rouge, LA
    Former Employee - Assistant Manager in Baton Rouge, LA

    I worked at Republic Finance LLC full-time (more than a year)

    Pros

    Better than some consumer finance companies. (Online lending is still better)

    Cons

    Calling around 100 people a day getting them to close a loan which they can't afford.
    Salary is GOD- AWFUL 32k a year while the company is making thousands on the smallest loans.
    Training was on the job and you were expected to do his training while meeting your loan goals.
    Incentive pay/ Bonus is based on the whole branch's performance.
    Even if you take a week off for vacation you are still required to meet your sales goal. COMPLETELY RIDICULOUS

    Advice to ManagementAdvice

    Shoot yourself in the Head

    Doesn't Recommend
    Negative Outlook
  7. 1 person found this helpful  

    Manager

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Republic Finance LLC

    Pros

    The Pros: They have a great bonus program, the hours are not that bad, very team oriented based, pay is reasonable.

    Cons

    Cons: Upper Mgt is so disrespectful to the managers as well as the staff,their training program is a joke, the insurance premiums are high and pay limited medical expenses, the pay is not worth the disrespect you get from upper mgt. I have never worked for a company that allowed such disrespect to their employees, and I've been doing this a long time. It was a huge disappointment for me being this was not just a job but my career that was effected by upper mgts unbelievable behavior. I had to resign from the company with regrets of having ever given them a chance to ruin what I have been so good at for over 20 years.

    Advice to ManagementAdvice

    The way you treat the staff is so disrespectful, and although I'm no longer there, I know a few people in upper mgt that would be just as disappointed as myself with how the staff is treated. Advice from someone that has been respected in this field for a very long time. Stop beating down the main people that are keeping your doors open. They, the staff, are doing the best in their power to satisfy you, but how this is being handled will only bring a huge turnover % for you which will cost you more then if you all had a meeting and discussed how much cheaper it would be to respect and appreciate the staff you currently have versus having to rehire monthly. The president and CEO needs to be aware of how the District Managers are handling situations, District Managers with very limited experience in the work force period. They need to be observed more often Instead of upper mgt assuming the Senior District Managers have it under control. So disappointed in this company.

  8.  

    Wonderful company to work for, I feel valued!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager (Management Training Program)
    Current Employee - Assistant Manager (Management Training Program)

    I have been working at Republic Finance LLC full-time (more than a year)

    Pros

    Competitive pay, challenging incentive program, thorough training materials, excelerated management training program that promotes from within in 12-18 months, well organized levels of management, customer service focus, senior management does great job staying informed of economic and legislative changes to increase longevity of our company, collection practices are tactful, sales techniques are not pushy or forceful, company provides significant relocation bonus, scheduled and adaquet performance and salary reviews, opportunity for career advancement, good health benefits and 401k options, transparent culture, good work/life balance- 40-45 hrs/wk, minimal half-day Saturdays required, likable coworkers.

    Cons

    It can be stressful. There is a HEAVY growth focus. Sometimes, you just struggle meeting your goals. However, coaching from superiors is usually available, and slow pace is often inmediately addressed with training and encouragement.

    Advice to ManagementAdvice

    Continue to promote from within, continue transparent culture.

    Recommends
  9. 1 person found this helpful  

    Promotes a team effort with a heavy growth strategy

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

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

    Pros

    -friendly staff
    -great hours
    -challenging goals
    -bonus pay

    Cons

    -not enough holiday time off
    -technology (credit card/online payments)
    -staffing (not enough members in a branch)
    -paperwork

    Advice to ManagementAdvice

    When explaining the position, keep it simple and honest. Don't over promise and under deliver.

    Recommends
    Positive Outlook
  10.  

    I felt like the job was sold to me and didn't have a return policy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Operations Specialist in Charleston, SC
    Current Employee - Operations Specialist in Charleston, SC

    I have been working at Republic Finance LLC

    Pros

    If you're in the RAMP Progam you will have your own branch within a year and half. Salary and benefits is great for managers, from what I was told.

    Cons

    If you don't like collections, don't work here! Also, be mindful of what you say to your manager or other employees. If you vent about how you don't like working for collections, you will be demoted. Also, you are in the RAMP program, you must be willing to relocate anywhere and if you say no to a branch, you'll be fired.

    Advice to ManagementAdvice

    Redo training for all employees, especially managers.

    Doesn't Recommend
  11.  

    Great Company with challenging aspects

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - CSA in Southaven, MS
    Former Employee - CSA in Southaven, MS

    I worked at Republic Finance LLC

    Pros

    awesome employees with great personalities and a fun company terrific hours

    Cons

    bad customers - collections near impossible - interest rate too high for them too afford

    Advice to ManagementAdvice

    keep it up! I loved working there..

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