Springleaf Finance Reviews in Seattle, WA | Glassdoor

Springleaf Finance Seattle Reviews

5 reviews

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Seattle, WA Area

3.9
Star Star Star Star Star
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Approve of CEO
Springleaf Finance President & CEO Jay Levine
Jay Levine
1 Rating

5 Employee Reviews

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Pros
Cons
  • I believe upper management decided to hold off on updating technology until the acquisition was complete (in 24 reviews)

  • Not much room for advancement, seems like the company is going under (in 9 reviews)

More Pros and Cons

  1. "Good Company, Avg pay"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Sales Management Trainee in Seattle, WA
    Current Intern - Sales Management Trainee in Seattle, WA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good place to work, company takes care of its workers.

    Cons

    Compensation is fairly low, but bonuses help.


  2. "Phone solicitor."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Everett, WA
    Former Employee - Financial Representative in Everett, WA
    Disapproves of CEO

    Pros

    Got insurance license and some experience closing loans. Looked better on a resume than it actually was. Decent benefits.

    Cons

    Primary duties include phone solicitation which is tedious and hard on morale. Felt bad leading people money at 24.99%.


  3. "Good learning experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Tacoma, WA
    Current Employee - Assistant Manager in Tacoma, WA
    Recommends

    Pros

    ThIs seems to b a secure job finance compared to other company's. The people I work with are ver nice and I enjoy going to work.

    Cons

    Management oppporunity seems to be limited but that is expected in today's job market. Overload of work in the last year because of staffing problems.

    Advice to Management

    I suggest spending mOre time at the office to become more productive. As business continues to increase more and more help is needed.


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  5. "Good place to start with lot's of training and oppurtunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Bellevue, WA
    Current Employee - Financial Representative in Bellevue, WA
    Recommends
    No opinion of CEO

    Pros

    Good training program for new employees. They treat thier employees well and provide good benefits with a normal schedule. If you are in a good branch it can be fun as you get to know the few employees that work in your branch, good fun environment.

    Cons

    The pay is not what it could be for the work that you do. You are required to sell, collect, process and manage files. This provides lots of oppurtunity to learn but also a good amount of work to be done.

    Advice to Management

    Reward the employees if they make the company money as you don't pay much over the base salary, which can start pretty low.


  6. "A bit of a grind, but a lot depends on your coworkers..."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Seattle, WA
    Current Employee - Financial Representative in Seattle, WA
    Doesn't Recommend

    Pros

    Fairly good pay and benefits.

    Cons

    Need to be able to sell, even when it's not in the customer's best interest. They are only focused on loan and insurance production, and not in any other aspect of the job. The best employees were the ones that kept the branch running, not the ones that tried to sneak an endless stream of bad loans past the underwriters (and there are a lot of them -- they often end up getting promoted!)

    Advice to Management

    Stay open minded to the possibility that a branch needs more than just loans, it needs GOOD loans. A bunch of bad loans just adds the delinquency, and diminishes the employees ability to generate more GOOD loans.



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