iLending reviews

3.3

44% would recommend to a friend

(98 total reviews)
avatar

Nick Goraczkowski

75% approve of CEO

28% positive business outlook

iLending has an employee rating of 3.3 out of 5 stars, based on 98 company reviews on Glassdoor which indicates that most employees have a good working experience there. The iLending 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

98 reviews
4.0
May 12, 2017

Loan Consultant

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good work environment, a lot of freedom.

Cons

Take a lot of time to build up sales pipeline. Work life balance can be tough.

2.0
Oct 31, 2016
Recommend
CEO approval
Business Outlook

Pros

Good money if you are part of the frat brothers group. Benefits. Free lunches.

Cons

You are told you are helping people out by saving them money on their car payment and interest rate (true), but you are also supposed to sell them GAP insurance and an extended warranty (even if they already have one). GAP insurance is something everyone with a car loan should have unless you are ballin rich and it doens't transfer loan to loan, easy sell. Selling someone a warranty during a refinance is not easy. Most salesmen just hope the customer is so excited by skipping a payment and the monthly savings that they will just sign away and not even notice what is going on. They would often say "Click click click" meaning when signing a digital contract that is how easy it was. Just "click click click" You really have to drink the kool-aid and believe their whole "we are doing this for the people" type of holier than now attitude. It is a business. They are doing it for money. Sure they help people out here and there, but at the end of the day it is about dollars and cents and as a loan consultant you are just a number.

4.0
Sep 30, 2016

Good

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good parties and prizes given

Cons

Poor management don't respect values

Viewing 91 - 93 of 98 Reviews

Glassdoor has 102 iLending reviews submitted anonymously by iLending employees. Read employee reviews and ratings on Glassdoor to decide if iLending is right for you.