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LSI (Lending Solutions Inc.)

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LSI (Lending Solutions Inc.) Reviews

2.6

41% would recommend to a friend

(219 total reviews)

Jeff Stewart

45% approve of CEO

38% positive business outlook

LSI (Lending Solutions Inc.) has an employee rating of 2.6 out of 5 stars, based on 219 company reviews on Glassdoor which indicates that most employees have an average working experience there. The LSI (Lending Solutions Inc.) employee rating is 30% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

219 reviews
1.0
30 Aug 2017
Recommend
CEO approval
Business outlook

Pros

Most everyone is friendly, co-workers are fun, trainers are helpful (even if they don't know, they fake it till they make it) and the facility is nice.

Cons

Hours are terrible, if you want to make money in this department you must work weekends and say goodbye to your personal life. There are so many new trainers whom are new to the company, regardless of how they are on the phones, it doesn't mean they are skilled enough to train others in an effective way. Side note - just because a lack of people apply for the position doesn't mean hire one of the few (poor) choices who did... Provide more of a incentive for someone to take the job, approach those whom would be a good fit and ask them what compensation it'd take to have them in the role they are needed in. It is well known an agent on the floor whom is processing typically (most always) can make more income than a trainer, a team leader or a member of the admin team. Every training class that I have been a part of (multiple, over the course of three years) had a "new trainer" which was fine, until the more experienced trainer was gone 95% of the time, training another class. This, in many situations, has left myself and others, distraught and lost, because we are taught incorrectly to do different parts of our jobs and we typically do not find out about the issues until a client submits feedback about us or a review(s) is done that ruins our incentives. Not only that but, certain subjects are glossed over completely and barely, if at all, discussed. LSI cranks out new hires as much as possible, not concerning themselves with quality or retention but instead, putting on new clients, treating employees as if they are robots by reprimanding people for being seconds late or taking a break a minute to soon or after it is scheduled, briefly checking an email which popped up on screen while processing, forcing employees to come in on their regular day off, sick time/personal days do not exist, force us to use PTO when we may need to leave work an hour or two early for whatever reason we may have, higher ups whom are unresponsive or forget because they are "too busy" (hire more higher ups if you are "too busy" in order to take care of your responsibilities which also happens to be your employees) and there is so much more issues within the company including, morale which shows the greediness behind their methods as they have no regard for employees quality of life. Which is going to end up costing them their business, their clients, their reputation and their employees, many of which are openly seeking jobs and speak daily about doing so as well as the pettiness of management, reviews for the purpose of failing people in order to not pay out incentives, unfair policies, oh and not to mention the "on-the-fly" policies/incentive/process changes where you get an email (god forbid you lose it in the hundreds of emails you may receive on a day or two off that you have) and are expected to remember the changes. Also, the intranet is supposed to have resources for employees, there is a section outlining incentives which turns out to be "incorrect" and not the actual incentive policy. Progression in the company or within your department requires being a nuisance to said team lead or Supervisor. New opportunities are very rarely offered to those who mind their own business/do their work without being a distraction to others. On the flip side of that, the more outgoing employees whom cause a ruckus, distracts others and speak loudly enough as to where clients can hear them on the phone, are rewarded as they are noticed moreso by Management who actually does the same. Team Leaders (supervisors as well) are a necessity for weekly meetings (if that) and help desk but, they cause more of a distraction then the loud agents as they congregate and have groups of people at a time, at their desk, loudly speaking over one another on a regular basis and more often then not they are speaking about non-work related matters, sometimes inappropriate subjects such as their dating life. Upper Management doesn't recognize the inevitable, as people are struggling, we are losing faith in them with the new petty policies and schedule adherence they have enacted and have the teamleads/supervisors enforce so harshly. There is a major disconnect between them and the agents. People are leaving left and right, there are so many internal postings for jobs because the company cannot retain people and will continue to do so until they stop taking on more clients than we can effectively aid, stop with the painfully petty policies and re-adjust PTO/sick/personal days. People shouldn't HAVE to use their PTO if they have to call off for a day or leave work a few hours early for an emergency. Management already has most all agents working very odd/poor hours and in addition they have no regard for their personal life.

2.0
16 Feb 2019
Recommend
CEO approval
Business outlook

Pros

Good work/life balance. Good benefits.

Cons

There is no consistency in this company, no one is EVER on the same page and you are always given the wrong information from management. I have been with the company for 4 years and my challenges have not come from the actual job, I can take screaming people on the phone, back to back calls, idiots on Help Desk but management SUCKS. NONE OF THEM ARE PROPERLY TRAINED. I hear people complaining stating their Supervisor messed up their payroll and they didn't receive a paycheck and have to wait till next payroll. Agents are encouraged to apply for Team Lead positions when they dont even qualify just so management can show strong interest in the position. People in Administrative positions are told to step down because they took some time off work. This place is a circus. I always brace myself before I scan my ID card to enter the building because I never know what chaos I'm walk into. Why am I still at this God forsaken place? It's easy, I need health insurance and that's more valuable than the crap I have to deal with. My goal is to leave but I'm not ready yet. Good luck to whoever is looking to work here, your gonna need it!!!!!

3.0
27 May 2013
Recommend
CEO approval
Business outlook

Pros

Great training program, but it is not for 12 weeks as you are initially advised. 4-5 weeks classroom, then out on the floor.

Cons

They advertise growth potential, but everyone seems to start on 2nd or 3rd shift, and with the volume of calls being lower, it's very hard to meet the goals required to be able to advance. No camaraderie.

Viewing 1 - 3 of 219 Reviews

Glassdoor has 220 LSI (Lending Solutions Inc.) reviews submitted anonymously by LSI (Lending Solutions Inc.) employees. Read employee reviews and ratings on Glassdoor to decide if LSI (Lending Solutions Inc.) is right for you.