Exeter Finance reviews

Not much room for growth in your career. There were too many cooks in the kitchen when I was there and then massive lay-offs happened that cleaned it out. Pretty much gutted the company. It was a small competitor when I got there and was even smaller when I left. It had growing pains and was slow to innovate which lead to a lot of financial problems. These changes are part of a directive given by a private equity company, and it gives the feeling that this is Exeter's last chance to prove itself before its cut off and left to die. This makes the environment there very uncomfortable.

What happened? Executive management changed. New CEO came in. Irving underwriters were working ridiculous hours to make up for job cuts across the US. Over half the company was laid off. The other half took massive pay cuts. They started hiring people that have no experience and paying them more than the experienced people, the ones that are training these inexperienced people. Know what the CEO says. "Experience doesn't matter!" Why, because they think the computer can do the job better than the people that built this company.