Americor reviews

3.7

67% would recommend to a friend

(471 total reviews)
avatar

Dave Norris

74% approve of CEO

65% positive business outlook

Americor has an employee rating of 3.7 out of 5 stars, based on 471 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Americor employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

471 reviews
5.0
Jul 19, 2018
Recommend
CEO approval
Business Outlook

Pros

The culture, the staff, and the opportunities.

Cons

Not a really a con, but what to expect. Very fast paced.

avatar
Americor Response
7y
Thank you for taking the time to leave a review! There are more exciting things to come at Americor! Spread the word , we are growing!
5.0
Jul 3, 2018

Great Opportunity

Recommend
CEO approval
Business Outlook

Pros

Non-stop stream of quality inbound leads means a great money making opportunity exist. The management team lets you run your day like it is your own business if your individual metrics make sense. Houston and Jeff are quality people. The organization feels like it was built to make a sales professional succeed. The CRM is world class. In addition to the income opportunity as an agent the management opportunities with a growing staff are undeniable.

Cons

It can take some trial and error to perfect the presentation around your own style.

avatar
Americor Response
7y
Thank you for taking the time to leave your feedback! We appreciate your hard work! If you are flexible and adaptable, opportunities at Americor are limitless! We will keep quality leads flowing so we can keep on breaking records!
2.0
Jun 28, 2018

Client Advocate

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Really nice office, and amenities are great(thanks to Irvine company)

Cons

I must say I was thrilled when I initially joined this company and I even went as far as to stick it out for a agonizing 6 months. The first thing that triggered me to get out was the fact that this company sends out a mailer that advertises a line of credit that most customers never even make it to. They are deceived by a fake credit card that says “AmericorExpress”, and everyone that calls in initially thinks it’s an American Express card (mind you that most of the people calling in are either very old, or even in most cases deceived by the look-a-like credit card because they don’t speak great English). There is never a line of credit ever offered mainly because they require you to make payments higher than most are able to(the consumer is better off just paying their minimum payments to their creditors), if you ever miss a payment you might as well say goodbye to your money as well as your credit score because at the end of the day they convince you to stop paying your creditors. I can’t even express how many different consumers called to cancel either because they realized they were lied to, or called to complain and get their money back because they realized they could do bad all by themself. Between consumers calling me and shedding tears due to being ripped off, and the others calling to give me a piece of their mind I realized that it was best to part ways. Most of the people that sign up for the program are made to believe that they are able to draw on the line of credit because of the 10 page script each sales person is forced to read verbatim(it’s more like 10 pages of an excuse to read to every single customer to explain why they aren’t able to get a line of credit up front or ever for that matter). Everyone that is in the sales department seems to make no money, and they aren’t shy to admit it. This company lacks morals and truthfully the pay is no where near what they make it seem. Even on a good month at best you may make 3k(they are quick to make you pay the company back if someone cancels months later)and itjust isn’t worth jeapordizing your ethics. I wish anyone that transitions into this company the best of luck, and those who enjoy sleeping without a guilty conscious, BEWARE!

avatar
Americor Response
7y
Thank you for taking the time to provide your feedback. We are sorry that you were not happy here! There are several items in your review that are of concern to us and we would like to have the ability to address them directly. 1. Our marketing is based on several financial indicators for those consumers that will most benefit from our product. In no way do we target people of certain ages or ethnicities. We work with people from all age ranges and all ethnic, geographic, socio-economic, and educational backgrounds. Our goal is to help people better their financial situation. 2. We do offer a line of credit and have funded more than a hundred of them since clients first became eligible to receive it in July. The line of credit comes into the plan at the 15-month mark. Because July marked the 15 month since we started selling the product, it makes sense that no one receive the loan before July. As more and more clients hit the 15-month mark, more clients will be eligible for the loan. Just like any other loan or line of credit, not every client is going to be approved to receive it due to underwriting guidelines, in fact, we have a brand-new Underwriting Department to start managing the loan process for the hundreds of clients that are now eligible. 3. We never take any fees from the clients upfront and they are not in any danger of losing any of their money if they cancel or miss payments. In fact, we often work for 6 months or more with someone before they pay any fee to us at all. I wouldn’t call that a “quick buck”. Our clients will always save money with our program and we work hard to help them save as much as possible. If our product does not save the client money, we don’t take them on as a client. 4. We have a lengthy script because we go over every detail of our program on a recorded line to ensure that all of our clients understand how everything works, what to expect and how they have to participate. We have you, our Client Services Reps, complete Compliance calls with every client as well to make sure that the Sales Reps are saying the right things. 5. Regarding our Sales Reps and their income, we had 23 sales reps (almost 1/2 of the floor) make more than $10k in commissions in the month of August. That is a pretty significant amount of people. The numbers are posted on the monitors for everyone to see, so there is no sugar coating or fudging the numbers. $3k is what the lowest performing sales rep might make. It’s unfortunate that the Client Services Rep position was not the right fit for you. We would be happy to speak with you directly about the issues you had when you worked here to see how we can alleviate some of these misunderstandings. Please feel free to reach out to me at hrfeedback@americor.com to discuss your concerns in greater detail. We hope that you found a position that it truly rewarding for you and wish you the best of luck with all future employment endeavors!
Viewing 451 - 453 of 471 Reviews

Glassdoor has 472 Americor reviews submitted anonymously by Americor employees. Read employee reviews and ratings on Glassdoor to decide if Americor is right for you.