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Lendmark Financial Services

Engaged Employer

Great at one point - Loan Consultant II Lendmark Financial Services Employee Review

3.0
Nov 15, 2022
Recommend
CEO approval
Business Outlook

Pros

Throughout the division made some great friendships and connections. They do offer a great benefits package, no complaints there. All paid holidays.

Cons

Nightmare goals that can almost never be reached. You are asked to contact former borrowers to solicit and collect delinquent accounts for current borrowers. You can close a million in loans in a month but if your deliquency is tanked guess no bonus. There is disgusting favoritism and management seems to get all the perks. Constant training (which is good) but ask you to complete assignments during your work day, impossible! They track amount of calls made throughout the day, usual expectations is 150 calls per day. You are expected to stop what you are doing to address dealer apps which is consider more important than regular consumers. The system itself is a joke and constantly crashes throughout the day constantly slowing production. Corporate puts more and more restrictions on LCs making our jobs more extremely challenging. Plus, mostly due to pandemic and current economy, we are losing bonuses or so we are told. Time for family is next to impossible. Thanksgiving off then back to work next day full steam ahead.

Explore other reviews about Lendmark Financial Services

5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great pay, great benefits, Perks at Work, discounts on home/auto, & even pet insurance, Legal help

Cons

The hours can be long at the end of the month; management likes to tell you when you haven’t met your numbers and acts like you haven’t been working, when in reality, you’re busting your butt!

3.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

You learn new skills, new systems that you probably never used before. You are able to understand more about lending and who it works

Cons

Many late nights, they will tell you the last Saturday of the month mandatory but then they will turn around and demand late nights during the week not to mention that las Saturday you have to be there almost all day. Quarterly bonus that now the new thing is if you miss one of the targets meaning grow, units or DQ on one of the months, you literally loose the whole bonus doesnt matter how hard you have been working

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