Acra Lending Reviews

3.0

59% would recommend to a friend

(59 total reviews)

66% positive business outlook

Acra Lending has an employee rating of 3.0 out of 5 stars, based on 59 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Acra Lending employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

59 reviews
3.0
13 July 2024
Recommend
CEO approval
Business outlook

Pros

Friendly people and growing fast company

Cons

1.They hire a person that can’t do nothing but they still keep it 2.The accounting department struggles with poor interdepartmental relationships because the manager often confuses people and has very poor soft skills. This causes frequent misunderstandings and inefficiencies. 3.NO WORK BALANCE IN THIS TEAM, 5-10 HR A WEEK OT IS VERY NORMAL. 4.You have to mandatory take 1 hr break if you hourly, so if you do 2 hr ot, you come here 8:30 am, you go home 7:30 pm. And this no fair because if you take salary they just come 9 and go home 5 or come 10 go 6. And the company have rule you can’t wfh if you live within 15 mile, but I don’t think everyone follow the rule. Again, no one like this rule and lot of people gone because of it.

1.0
14 Apr 2022
Recommend
CEO approval
Business outlook

Pros

Co-worker support and remote work flexibility

Cons

This company is fishy, and reps in other departments who have next to no reading comprehension report you to management before asking you a question or for context. There's a lot of drama and the pay doesn't match the stress. Loans sit in underwriting for upwards of 120 days, Account Executives do not train their brokers, and thus they have unrealistic turn times for files to close. They recently mass fired a lot of employees and masked it as "unacceptable performance”. I was not one of these people and this is not a spite review. The company is in bad shape and they masked their mass firing by telling these poor people that they had performance issues. Last I heard it was over 40 people. -No 401k match -Cannot take a vacation because your pipeline will be so far in the gutter when you return that you’d be fired for aforementioned performance issues -Middle management is clueless to the needs of the employees -Very much agree with previous reviews concerning nepotism -Sales teams and leadership need better training

1.0
12 Apr 2022
Recommend
CEO approval
Business outlook

Pros

The coworkers were great to work with, but that’s about it. The pay is ok, but could be better.

Cons

Everything else. The pay isn’t worth the headache of constant policy changes and favoritism. They let you go for “performance”, even if you’ve never had any issues before. No warnings, no write-ups, nothing. They talk about “customer service” being a priority but this is the worst company I have ever worked for.

Viewing 1 - 3 of 59 Reviews

Glassdoor has 61 Acra Lending reviews submitted anonymously by Acra Lending employees. Read employee reviews and ratings on Glassdoor to decide if Acra Lending is right for you.