Springleaf Finance

  www.springleaffinancial.com
  www.springleaffinancial.com

Springleaf Finance Reviews

Updated December 7, 2014
Updated December 7, 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Wonderful

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

    I worked at Springleaf Finance

    Pros

    Develop close relationships with coworkers, pay is decent

    Cons

    Long hours, pressure to meet monthly goals

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Undecided

    • 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

    Laid back atmosphere and that's about it

    Cons

    Not enough pay for single income household & limited opportunity

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Good Internship Opportunity

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

    I worked at Springleaf Finance as an intern (more than an year)

    Pros

    Good pay for internship and company hires from within

    Cons

    You can end up doing a lot of filing

    Advice to ManagementAdvice

    Interns in business college should be used to grow business to business relationships since we learn a lot about it in school and typically dress to impress. This way the intern will also learn a lot about the business since they will have to well versed on it to market it.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 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
  6. 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
  7. 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
  8. 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
  9.  

    Great place to work with the right management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Lender in Paducah, KY
    Current Employee - Senior Lender in Paducah, KY

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

    Pros

    The pay is above average, great work hours, my manager is very flexible, it is fast paced so time goes by fast. The work it's self isn't too hard.

    Cons

    Dealing with customers that know the system and like to bend you to a breaking point. Customers always breaking promises. Weekend work is required once a month. You have to watch your time worked down to the minute, not one minute of overtime is allowed.

    Advice to ManagementAdvice

    Most management has been in the trenches. They need to remember what that was like when they make silly rules.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Avoid at all costs. You are treated as a number, not a person.

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

    I worked at Springleaf Finance full-time

    Pros

    You get Christmas and New Years off.

    Cons

    unattainable bonus structure. unrealistic expectations. no loyalty. DM's and up do nothing and those below them are sacrificed so they can keep their jobs.

    Advice to ManagementAdvice

    Find new DM's, DO's and ADO's.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Regarding internships at branch level for current University students

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

    I have been working at Springleaf Finance as an intern (more than an year)

    Pros

    Decent Pay
    Most managers are pretty flexible around school schedules.
    Good professional environment and life experience.
    Getting to work with a variety of clientele.
    Learning a wide variety of work skills including phone etiquette, credit analysis, administrative duties, and authority.
    Ability to make bonuses based on sales numbers
    Most interns are hired with the intention of hiring the employee on full-time upon graduation

    Cons

    Your experience will depend highly on your direct superiors and co-workers. Some managers and district managers can be demanding of your work schedule (working Saturdays, late nights). Often times you rely on learning on the go instead of getting proper training and explanation of the reason behind your decisions. I felt like a mule for a large corporation. High sales demands even with part-time status. You must be able to remove yourself to sell some of their ancillary and insurance products.
    Interns cannot qualify for employee referrals or branch rewards.
    No benefits beyond hourly pay

    Advice to ManagementAdvice

    Implement a better training program.
    Allow interns to take on more than one role in the workplace. There are offices that need more than sales help, example would be administrative or credit application work.
    Encourage managers and co-workers to educate interns beyond

    Recommends
    Positive Outlook
    Approves of CEO

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