Founded in 2003 and headquartered in Orange, California, CashCall Inc. is among the nation's premier lenders. The company employs lending experts with an unparalleled drive and dedication to exceptional customer service.
CashCall is driven to remain at the forefront of innovative technology that streamlines loan operations. This combined with their dynamic team of experts makes the loan process for customers simple, fast, and hassle-free.
CashCall's personal loans division offers unsecured loans to qualified borrowers who typically use the loans for one-time purchases and debt consolidation. These loans are processed entirely over the internet, phone, and fax. Funds are wired into the borrower's checking account in as little as 4 hours. When customers make their payments on time, CashCall's personal loans division has the potential to help them rebuild their credit score as well.
I worked at CashCall full-time (Less than a year)
In house training, Cashcall paid for all my licensing renewels, and licensing in several states, they pay for lunch/dinner last couple days of each month during crunch time, they provide you your leads which costs a lot to purchase from other companies.
The money is real and you could easily earn an income of $140k plus a year but the trick is finding a way to hold onto your job without being rotated in and out so fast. Keep in mind you have to hustle hard to make that money though because compared to the thousands you would normally make on a regular deal, you only make $250-$400 per deal "after" the first 11 deals you have to do for free (if you don't close atleast 11 in the month). Commission is on a pyramid scale up to a max of $400 per deal.
I would honestly go back if asked to return but man the way so many loyal employees were treated was cruel.
I was hired in with approx 140 others in Oct 2016, it takes a mandatory 45 days to complete all licensing, I passed all exams with 90% plus (excellent exam grades) and had less than a week on the floor to make sales before I was layed off in Nov 2016 along with approx 300+ others and were told the mass layoff was due to rates going up a little bit after the presidential election. "Layed off just before Christmas" ....WOW and I had 8 loans in processing in my first and only week!!!!!!!! and because I was layed off in mid stream of those, I was never paid for those deals. My immediate manager even said I was one of the best employees gifted with great sales ability he had seen in a long time so it wasn't just the slackers that were getting the boot. I was rounded up with everyone else because I was told my employment was under 6 months and not ashamed to say they lost a GREAT employee. I voluntarily put in 60+ hours a week and even worked the weekends without pay!
Advice to Management
It's not immedate managers but the higher ups to make these decissions and it would be nice to know there was a bit of compassion that we are all grown ups with families of our own so even in a business decission like a mass layoff, I would think giving your employees a 2 weeks notice just as you would expect your employee to do if they were leaving would be appropriate in the professional and moral sense particularly before Christmas so we could have a heads up on handling personal matters at home first.
I applied online. I interviewed at CashCall (Anaheim, CA) in January 2017.
Short and to the point. Manager seemed amateurish in interviewing skills, not very bright and barely professional. They asked if I'd be willing to work 60+ hours a week and even work Saturdays and Sundays at times.
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