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Republic Finance LLC

Engaged Employer

Republic Finance LLC reviews

3.3

64% would recommend to a friend

(411 total reviews)
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Ian Rehmert

93% approve of CEO

63% positive business outlook

Republic Finance LLC has an employee rating of 3.3 out of 5 stars, based on 411 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Republic Finance LLC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

411 reviews
2.0
Dec 3, 2016
Recommend
CEO approval
Business Outlook

Pros

Very few. If you're coming right out of college the pay is good considering that you don't have to think much to do this job. If you are in a good producing branch, the chance for bonuses is good.

Cons

They say you are "salary" but truly you are hourly and have to clock in/out every day. They tell you in your interviews that there are great bonuses and compensations, but those are based on branch production not individual work effort, and sometimes are not actually attainable goals. This job is pure collections, you will spend hours of your day calling people about their payments, and all upper management cares about is delinquency. If you do not enjoy customers being very hostile towards you, this is not the job for you. Depending on the manager and other employees in the office, you can have a great work environment or a terrible one. Unfortunately, I was in the second category. You are not allowed to take vacation days in November or December, and you are offered very few days off for holidays. The interest rates on some of these loans tip into the 40 percent levels and border on predatory lending. In the end, the company only cares about your numbers and the bottom line. This takes precedence over its employees as well as its customers.

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Republic Finance LLC Response
9y
Goals for employees are established based on previous branch results, an employee’s past performance, and a number of other factors. The goals have proven to be attainable as demonstrated by the number of employees who have reached or exceeded their goals. Collection calls are a requirement for all positions in the branch offices and are a normal part of the lending business. Republic Finance complies with all applicable laws regulating how collection activities are conducted. Republic has systems in place to reward quality work, but the employment experience can vary between locations. A number of methods are used to gather employee feedback, including the failure of a manager to provide adequate praise to employees, for resolution.
3.0
Nov 29, 2016

csr

Recommend
CEO approval
Business Outlook

Pros

Bonus potential and advancement are great.

Cons

Benefits were not that great compared to salary

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Republic Finance LLC Response
9y
Republic Finance’s salaries and benefits are competitive within its industry and geographic territory. In addition, Republic’s training program is highly successful. Training is monitored for proper delivery and completion, and any branch specific deficiencies should be reported to senior management for resolution.
3.0
Nov 22, 2016

Assistant Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

• Atmosphere can be fun to work in depending on Manager • Only takes about 2 years to get your own branch

Cons

• Collecting Customers • Pay could be better • Lots of Collecting and Soliciting over the phone

avatar
Republic Finance LLC Response
9y
Republic Finance’s salaries and benefits are competitive within its industry and geographic territory. Collection calls are a requirement for all positions in the branch offices and are a normal part of the lending business. Republic Finance complies with all applicable laws regulating how collection activities are conducted.
Viewing 373 - 375 of 411 Reviews

Glassdoor has 431 Republic Finance LLC reviews submitted anonymously by Republic Finance LLC employees. Read employee reviews and ratings on Glassdoor to decide if Republic Finance LLC is right for you.