LoanCare reviews

3.1

48% would recommend to a friend

(301 total reviews)
avatar

Dave Worrall

61% approve of CEO

52% positive business outlook

LoanCare has an employee rating of 3.1 out of 5 stars, based on 301 company reviews on Glassdoor which indicates that most employees have a good working experience there. The LoanCare 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

301 reviews
1.0
Mar 19, 2018

Believe what you read

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They recently changed the dress code. Jeans allowed everyday. No overtime

Cons

*Give you "temporary" projects that there is never an end to *Health benefits are the WORST. Only one tier.. One choice! Cheap but high deductibles... High co-pays. No regular banking holidays. Lenders will have the day off but you won't. You have 4 choice holidays which means you still have to put in for the days off. *All the departments not on the same page with hours. Some departments more flexible than others when it comes to your start and end time. If you bring up policy they'd rather be right than fair. *In 2012 the Department of Labor found that they were paying Africans Americans significantly less than others... They settled. *No African Americans in higher management but the company is primarily made of of African Americans. It's like a plantation kind of... Lots of American Americans with a lot of overseers. *Will hire you for one thing and slowly dump other things on your plate that are technically under other job titles. *Underpaid

1.0
Aug 16, 2016

Compliance nightmare

Recommend
CEO approval
Business Outlook

Pros

Friendly coworkers, great location, good clients, good tech support,

Cons

Compliance issues, non responsive management, patch work to resolve repetitive issues, lack of accountability

4.0
Apr 15, 2024

Remote work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great job fast paced job that teaches you the reality of home ownership.

Cons

None so far, working in customer service there are harder days but you get through it.

Viewing 16 - 18 of 301 Reviews

Glassdoor has 305 LoanCare reviews submitted anonymously by LoanCare employees. Read employee reviews and ratings on Glassdoor to decide if LoanCare is right for you.