Consider Wells Fargo before Enterprise

Working for Wells Fargo seems to be better than Woking for progressive insurance. working for progressive insurance sucks just go to jobvent.com so i second the motion to consider working for wells fargo than progressive, just wish i found this thread before i accepted an offer from them. to tell you guys a litttle about working at progressive is that the hours are pretty much the same as enterprise and so is the money. progressive might offer you a few thousand more but will kill you spirit just like enterprise. the worst part is that when you rent cars you can do it drunk, high, or half a sleep but the you can't work on a claim with an alter state of mind ONLY becuase of PUNK ASS teamleaders love to mirco manage. I just to work at Hertz which is no different than enterprise so my warning is don't leave one bullshit job for another.....cause that is one dumb ass move.

Originally Posted by Unregistered

NO. My intention is to possibly steer people towards a better job than Enterprise. I went to the final interview w/ E, and then found this site- or I may have been working there- 50 hour weeks for 30K?

I feel maybe my experiences at Wells will help someone who does not want to rent cars find something else and make more money. I ended up making 44,650 my first year there, only 1,500 was OT, and that was my discretion.

I am very truthful- yes telemarketing is the majority of this job, but they also teach you how to run a branch- you also meet with clients and go over their financial situations. I have closed mortgages on my own, ran the branch for a week while the manager was on vacation- I am now a notary public and have an insurance license. It is a good name to have on your resume as well. Also, that 3500 cap on bonuses just got raised to 10k for 06.

Sales isn't for everyone though. In fact it isn't for me. I am getting burnout lately from countless hours telemarketing and a micromanaging boss. But, I used the experience I got there- and now am about to be offered a position at GE as a commercial loan portfolio analyst, making a good deal more than I make at Wells.

Like I said I am simply trying to give an alternative to Enterprise- The good thing about Wells is I had the spare time to find a new job, go on interviews. They give you 20 days paid time off right on hire.

And you are not "bragging" about money when you are telling people you made in the mid 40's. It is really not that much, especially when you count on bonuses for a good deal of it which you can't rely on to budget. If I was touting six figures, now that would be bragging!!

Hey I have a quick question? Do you have your masters yet?///or are did you just being considered that GE job based off you experience at wff? Im wanting to see if there is like after being a credit manager at wff.

Wells Fargo financial, Household finance, Beneficial, Citifinancial, and Ameriquest are all the same. They are the botom of the barrel in the finance/lending industry. I should know because I went to work for one of them after I left Enterprise. The good news is that the hours and the pay are much better. It is a 40 hr. week workload and your weekends are yours and yours alone. The commissions make it possible for you to do just fine and I used to make $7,000 dollar commission checks along with my $2,500 base routinely. They give you better medical and vacation time than Enterprise as well.

The problem with these companies is that they are inherently dishonest operations. To be perfectly honest, I would say that they are even worse than Enterprise in the honesty department. Now, we have all seen how ERAC rips customers off on a daily basis with their upgrades, CDW, and so on. That is just a car rental, though, and is not going to have long term financial consequences to the customers. Now, imagine if you put them into a home loan with an ERAC like mentality. The bread and butter of these operations is debt consolidation refinances on the homes. The rates are ridiculously high, though, and people have trouble keeping up with the payments. We used to refi people at 107.25% of their property value and give them rates like 11.99%. Now, we actually made them look good by showing them the savings per month and it was often as much as $1,000 per month. In the end, though, it would end up catching up with them and close to 50% of them would end up filing bankruptcy within 2 years of the refi. They would put a 5 yr. prepayment penalty of 5% on all of their loans, which made it very difficult to leave, even if somebody came to their senses and decided to do so. When people would call for their payoffs, it was not uncommon to hold the payoff for up to 60 days to prevent the losss from hitting the branch. Also, the loans were all simple interest, which means that if a person was late at all it would go into negative amortization very quickly, like 2 or 3 days late on a payment. Oh, did I mention the credit insurance? It was basically the same thing as CDW, but involved several thousand dollars instead of a $15 a day fee. These are not good companies and prey upon the less fortunate in our society. They have been nailed numerous times for Predatory Lending practices and I can attest to all of them. I couldn't take working for them any longer and eventually had to leave due to a guilty conscience. Life is too short to work for sleazy companies like Enterprise and sleazy lending companies like WF Financial. Do a little google search on the internet and you will soon find out that these companies are not highly respected and will not do much to bolster your resume.

http://en.wikipedia.org/wiki/Predatory_lending