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Nicholas Financial

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Nicholas Financial

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Nicholas Financial Reviews

Updated Nov 8, 2022

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Found 79 of over 84 reviews
2.5
27% Recommend to a Friend
27% Approve of CEO

Found 78 of over 84 reviews

2.5
27%
Recommend to a Friend
27%
Approve of CEO
Nicholas Financial President and CEO Doug Marohn  (no image)
Doug Marohn
31 Ratings

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Finance

8d

a 

Commercial Customer Service Representative

What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

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Top Review Highlights by Sentiment

Pros
  • "Great employees, everyone is very helpful and nice(in 3 reviews)
Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. 5.0
    Current Employee

    Great place

    Jun 29, 2022 - Manager in Charleston, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great company to work for

    Cons

    None I can think of

    Be the first to find this review helpful
  2. 2.0
    Former Employee

    NA

    Nov 8, 2022 - Manager in Atlanta, GA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Enjoyed working with co-workers. Very friendly.

    Cons

    Lack of direction from senior leadership. Terrible program

    Be the first to find this review helpful
  3. Join the Nicholas Financial team
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  4. 3.0
    Current Employee, more than 1 year

    Close personal loans for customers

    Oct 18, 2022 - Loan Officer in Atlanta, GA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Typically not very stressful position

    Cons

    Management can be hard to get ahold of

    Be the first to find this review helpful
  5. 1.0
    Former Employee

    Just don't

    Aug 18, 2022 - Consumer Direct Loan Officer in High Point, NC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    There isn't a single one.

    Cons

    There are way too many to count

    1 person found this review helpful
  6. 1.0
    Former Employee

    All Chiefs and No Indians

    Aug 6, 2022 - Customer Service Representative 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Way too many managers on top of VP DM DCM and Assistant Managers

    Cons

    Wasteful company they layoff the Indians with low pay and keep all the MANAGERS with high pay ??

    Continue reading
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  7. 3.0
    Former Employee

    not great

    Jun 29, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    good bonus IF you qualify

    Cons

    long hours with no days off

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  8. 1.0
    Former Employee

    Stay away!!

    Jul 26, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    At least their paycheck clears.

    Cons

    Program not competitive with the current market. Senior management does not listen to input from field employees and even seems to look down on them. Little to no room for advancement and based on the amount of stress put on management, why would anyone want to advance in the 1st place.

    1 person found this review helpful
  9. 1.0
    Former Employee, less than 1 year

    Worst Company I ever worked for

    Jul 19, 2022 - Assistant Branch Manager in Columbia, SC
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Paycheck every two weeks was great

    Cons

    Left my former job of four years to come and work for Nicholas as an ABM.....started in May and got laid off in July. Was told that they have been deciding this for 3 months. THE WORST COMPANY EVER!

    1 person found this review helpful
  10. 2.0
    Former Employee, more than 3 years

    Horrible

    May 30, 2022 - Anonymous Employee in Clearwater, FL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    There are none. Run away!

    Cons

    Terrible management, leadership and toxic environment guided by a bully who blames everyone for her inability to understand Sox compliance. In just two years, several, long term employees have left because of one person. HR does nothing. Department heads turn a blind eye. The pay is insulting. If you’re considering applying to Nicholas Financial, don’t. There are better companies with integrity and character, and Nicholas Financial isn’t one of them.

    Continue reading
    2 people found this review helpful
  11. 2.0
    Former Employee, less than 1 year

    Not what I expected

    Apr 28, 2022 - Branch Manager in Tampa, FL
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Pay was somewhat okay but based on mikes you put on your vehicle not so good

    Cons

    A lot of required driving and daily writing of activities

    Continue reading
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Viewing 1 - 10 of 78 Reviews
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Nicholas Financial Reviews FAQs

Nicholas Financial has an overall rating of 2.5 out of 5, based on over 84 reviews left anonymously by employees. 27% of employees would recommend working at Nicholas Financial to a friend and 17% have a positive outlook for the business. This rating has decreased by -3% over the last 12 months.

According to anonymously submitted Glassdoor reviews, Nicholas Financial employees rate their compensation and benefits as 2.3 out of 5. Find out more about salaries and benefits at Nicholas Financial. This rating has improved by 4% over the last 12 months.

27% of Nicholas Financial employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Nicholas Financial 2.3 out of 5 for work life balance, 2.2 for culture and values and 2.2 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Nicholas Financial to be coworkers and the cons to be benefits, senior leadership, career development.

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Glassdoor has 84 Nicholas Financial reviews submitted anonymously by Nicholas Financial employees. Read employee reviews and ratings on Glassdoor to decide if Nicholas Financial is right for you.