Big disappoinment - Customer Service LoanCare Employee Review

1.0
Nov 5, 2020
Recommend
CEO approval
Business Outlook

Pros

It BARELY paid the bills

Cons

Horrible and worthless.. No growth for advancement, No bonuses only one yearly raise and you'll be lucky if its 25 cent. The pay is horribleeeee but as I said earlier it help pay the small bills I had. You only get 6 weeks of maternity leave 'UNPAID'. I agree with one review that mention management. Management has a close relationship with each other & buddy system they are also rude and can careless. Who do you report to about problems and complaints with team leaders when they are all close friends including HR. The work is all over the place very unorganized. I'm actually surprise the company is still standing with customers whos not ready to sue. I'm sure when its time to do aduits this department stays in the red and the CEO is ok with it. I had to leave after 6 months I felt like I was in highschool training for the real world. I wouldn't recommend this job to NO ONE. I'm a mother of 3 and I couldn't take this job serious.. HOT MESS!

Explore other reviews about LoanCare

5.0
Nov 23, 2025
Recommend
CEO approval
Business Outlook

Pros

I’ve had a very positive experience working at LoanCare. The company is fast-paced, but if you’re motivated and willing to learn, there are endless opportunities to grow. Leadership has made noticeable efforts to improve communication, support professional development, and recognize hard work. What stands out the most is the people, talented teams across Recruiting, Training, HR, Operations, and Servicing who genuinely care about the work they do and the customers we serve. Collaboration is encouraged, and cross-department support is strong. LoanCare also makes a consistent effort to improve employee engagement, whether through newsletters, resources, events, or ongoing development programs. The company values tenure and celebrates employee milestones, which speaks to the stability of the organization. Like any large company, things move quickly, and priorities can shift, but overall LoanCare provides a solid environment for people who want to develop their careers, take on new challenges, and contribute to meaningful work.

Cons

Fast-paced environment may feel overwhelming at times Some processes are evolving and require adaptability

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