Springleaf Finance

  www.springleaffinancial.com
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Springleaf Finance Reviews

Updated Jul 11, 2014
Springleaf Finance – “sign”

Springleaf Finance – “sign”
All Employees Current Employees Only

2.7 139 reviews

57% Approve of the CEO

Springleaf Finance President & CEO Jay Levine

Jay Levine

(21 ratings)

33% of employees recommend this company to a friend

Review Highlights

Pros
  • Weekly pay, good benefits, good entry level experience, no Sunday or late evening hours (in 13 reviews)

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


Cons
  • Upper management is totally out of touch and in most cases incompetent (in 14 reviews)

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

More Highlights
139 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    I learned a lot in customer service and it was a joy to be able to help others out finanacially

    Assist Manager (Former Employee) Temecula, CA

    ProsThis company has a lot of perks like bonuses and they are very family oriented. This company has good values and being number 1 in customer service is one of them. There are a great ways to advancein this company too

    ConsThere is a quota of loans to make and a certain amount of profit to be made on each loan and you had to take vacations during certain months

    Advice to Senior ManagementUpper management was good because most of them started at the bottom and worked their way up so they truly understood what we were going through

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Bm

    Branch Manager (Current Employee) Kansas City, MO

    ProsMoney, hours, they want tomakeit a great place to work

    ConsAdvancement opportunities, collections, stressful at the end of the month

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Not a good place to work.

    Senior Counsel (Former Employee) Evansville, IN

    ProsModest paycheck. They have a cafeteria.

    ConsThe company lends money to individuals, at high rates and collateralized, then contacts them throughout the year and pressures them to refinance, before there has been any significant reduction in principal - only interest payments, thereby incurring new origination fees and extending the time period where they collect high interest payments. The company also makes fees off of force-placed insurance and ancillary products like credit insurance.
    Very small town - management has you by the short hairs once you start because they are the only game in town.

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Poor middle to upper management

    Financial Representative/Management Trainee (Former Employee)

    Pros401k match, vacation and sick time, insurance good

    ConsWorked 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 Senior ManagementFocus 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.

    No, I would not recommend this company to a friend

    • Comp & Benefits
    • Career Opportunities

     

    Branch Manager

    Anonymous Employee (Current Employee)

    ProsGood job out of college

    ConsShady management. Willing to bend the rules to get promoted

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Company going places

    Anonymous Employee (Current Employee)

    ProsSpringleaf is great for sales oriented people - rewarding to help customers w their finances ,great management - fun culture. Sincere Concern for staff

    ConsCompany evolving quickly and change ain't for everyone.

    Advice to Senior ManagementKeep doing what youre doing. Springleaf has a great future

     

    A fast paced and enjoyably competitive environment.

    Anonymous Employee (Current Employee)

    ProsOpportunity for advancement. Strong push to be better and tools given to you to make things happen. The company has a great benefits package.

    ConsThe company has been around for over 100 years and it is sometimes difficult to get new ideas put into place. This however is changing with new policies regarding employee input.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    A good place to work!

    Anonymous Employee (Current Employee)

    ProsGood Place to work. Good people. Good Bonus program for non-management position. If you work hard you will be well rewarded and compensated very well. Need to be good with people and work with a sense of urgency.

    ConsAdvancement to BM and above will likely take a couple years unless willing to relocate.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    They stress you out

    Financial Representative (Current Employee) Walterboro, SC

    Prospay, get paid weekly, good benefits, off on sundays and most saturdays.

    Consthe way they beat you up about getting loans, and meeting quota. District manager can be stressful. got to dress up all the time.

    Advice to Senior ManagementStop stressing people out about meeting quota.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Overworked and under appreciated

    Manager (Current Employee) Evansville, IN

    ProsGood time off benefits.

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

    No, I would not recommend this company to a friend

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