Strong entry-level finance opportunity with high pressure - Financial Service Representative (FSR) easyfinancial Employee Review

Easyfinancial is a good place to work. They run a tight-knit environment, where your region acts as a team, not just your branch alone. Branches are small with usually 1 manager, and 1-2 FSRs. There are perks and incentives, and the pay isn't bad.

The product. Specializing is high-interest (very high) loans to consumers who have poor credit. During my time working there, I ran into emotional situations with customers due to their inability to pay back their loan, which usually is 47% interest. Also, you wear both the sales and collections hat as an employee, so you are making collections calls to the same people you sold a loan too.

High bonus incentive. No supervision. Company is snowballing with a 46.9% interest rate. Quite impressive given that number. Great place to start if you do not have secondary education.

Morality of lending practices (lending to recipients who only receive disability or are not mentally stable). No Work/Life balance. Staff shortage for over 2 years in my 10+ branch region causing management extra hours, extra mileage to cover over 100 KM from home (monetarily compensated for gas) and lending out current staff to assist other branches leaving managers to support others and not receive the same support. Sexual harassment is on the rise in the company currently, and employees in upper positions of power are being let go. This should be a pro however it is consistent which foreshadows more and more to come as the lesson learned is to not get caught rather than curb the behavior altogether. Rewards for time off are often pushed back due to staff shortage which forces management to cover and if no staff has been trained before the new year, the employee must forfeit their time off that they earned (this is regarding incentives, not vacation time) Job fairs are less than professional with very little communication to the manager regarding appointments and candidates. Hiring practices are strange. Interview will be conducted and suddenly you have an offer letter from the recruiter for an employee but your name is signed by your RM. In the even the employee does not work out or stops coming to work, the RM has the contract stating you hired them (even though you did not sign the offer letter at all. This was my last straw. Please do no sign my name on anything ever again that I have not read.)