Low pay. No career advancement. No raise. - Senior Loan Officer OneMain Financial Employee Review

1.0
Aug 16, 2024
Recommend
CEO approval
Business Outlook

Pros

It is a job atleast.

Cons

I started working here on July 2021. In that time I have seen one raise. I have seen no promotion for myself or anyone else on my team. There has been colleagues hired after me that make the same base pay as I do. When you get hired they tell you that weekends and late days are as needed. What they don’t tell you is that one Saturday a month is mandatory and one/two late nights a month are mandatory. They hire you as a loan officer but make you do collection calls even though they have a complete department for that. Policy changes every month so you’re always wrong in your procedures. Corporate has no pathway to getting into corporate

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OneMain Financial Response
1y
We're committed to providing training and resources to empower all team members to take charge of their personal growth and development. Team members are encouraged to speak with their managers to discuss their personal preferences. - ck

Explore other reviews about OneMain Financial

5.0
May 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Collaborative work environment, hybrid schedule, great leadership

Cons

None so far this year

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OneMain Financial Response
4w
Thank you for sharing. We are happy to hear about your positive experience.
1.0
May 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Your peers. I have a great group of co-workers though multiple have left because of HORRIBLE direct management in the AM department.

Cons

Low hourly pay. Tricky incentives. Shark like environment. Terrible and I mean TERRIBLE managers. Favoritism runs rampant at this place and goes unchecked. Lazy, incompetent department manager makes up his own rules (you MUST use your break time to go the bathroom) which goes endorsed by his superiors and HR. Reward people who live at that place and work insane OT hours because of the low pay, but crap on people working the normal amount of hours because you’re based on the “average”. Truly one of the worst management staffs I have ever seen coupled with lackadaisical training and one of the dumbest rules I’ve ever heard of…you must be at One Main for ONE ENTIRE YEAR before you can transfer out of the department or move up. Trust me when I say run as far away as you can from this place.

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OneMain Financial Response
2w
Thank you for sharing your feedback. We're committed to fostering a positive and transparent workplace and value our team members input. If you'd like to provide additional details, please feel free to reach out to HR for review.
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