Does Loan Max pay their employees well?

According to anonymously submitted Glassdoor reviews, Loan Max employees rate their compensation and benefits as 2.7 out of 5. Find out more about salaries and benefits at Loan Max. This rating has improved by 2% over the last 12 months.

How satisfied are employees working at Loan Max?

47% of Loan Max employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Loan Max 3.2 out of 5 for work life balance, 2.8 for culture and values and 2.7 for career opportunities.

What are the top reviewed jobs at Loan Max?

Customer Service Representative (31) , Store Manager (12) , Office Manager (9) , Manager (8) , Customer Service Representative (CSR) (4)

What are the pros of working at Loan Max according to real employee reviews?

"Good pay and great area manager" ((in 13 reviews)); "Christmas bonus is nice." ((in 4 reviews)); "Great coworkers" ((in 3 reviews)); "Office hours 10 to 6. Flexible schedule." ((in 3 reviews)); "decent work environment if you can get along with everybody." ((in 3 reviews))

What are the cons of working at Loan Max according to real employee reviews?

"Benefits are barely anything worth of note." ((in 8 reviews)); "Upper management does not care to fix the problems in stores." ((in 4 reviews)); "No 401k no bonuses." ((in 3 reviews)); "Horrible for time off." ((in 2 reviews))

Loan Max Reviews

3.1

47% would recommend to a friend

(96 total reviews)

Rod Aycox

48% approve of CEO

46% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (96 reviews)

Loan Max has an employee rating of 3.1 out of 5 stars, based on 96 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Loan Max 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

96 reviews

3.0

17 Oct 2023

*

Customer service representative (csr)

Recommend

CEO approval

Business outlook

Pros

Set Schedules, rotating weekends off, fun environment if you're working with the right people

Cons

Low pay, rare raises, limited PTO, no sick leave

4.0

11 Oct 2024

It’s a ok company

Manager

Recommend

CEO approval

Business outlook

Pros

No associate/bachelor/major degree require; You will sell just one product (title loans); Training and daily work is pretty easy; Weekly payments

Cons

You have to be comfortable with collection calls; Offer a really high interest rate; People usually work here for a couple months (CSR and Managers); Call all customers every single day; You have to pay the health plan every paycheck (weekly); You need to do 40 hours weekly and the store open on Saturdays, no option to do overtime, you have a day off during the week and has to compensate the time or less money on your paycheck; There’s no career growth, unless the upper management quit

1.0

4 Oct 2023

Worst Company Ever!

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

They pay every Friday of the month.

Cons

Everything else, especially management team.

Viewing 1 - 3 of 96 Reviews

Jobs at Loan Max

Customer Service Representative

Customer Service Representative

Customer Service Representative

Bilingual Customer Service Representative

Customer Service Representative

Loan Max

Loan Max Reviews

Company ratings over time

Reviews by job title

*

It’s a ok company

Worst Company Ever!

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