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Started By
Message
re: Republic Finance moving headquarters from Baton Rouge to Plano, Texas
Posted on 5/16/22 at 5:01 pm to SPEEDY
Posted on 5/16/22 at 5:01 pm to SPEEDY
Sorry the loan sharks are leaving town.
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith.
They basically said on a daily basis they call their existing loan accounts and “see how we can get them some more money they need (by selling them another loan)”. Awful business, I couldn’t do it.
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith.
They basically said on a daily basis they call their existing loan accounts and “see how we can get them some more money they need (by selling them another loan)”. Awful business, I couldn’t do it.
7
Posted on 5/16/22 at 5:18 pm to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith.
They basically said on a daily basis they call their existing loan accounts and “see how we can get them some more money they need (by selling them another loan)”. Awful business, I couldn’t do it.
Agreed...I had to audit a few of those places and I always hated it. They're basically legal loan sharks.
Good riddance
Posted on 5/16/22 at 8:09 pm to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?”
fricking yikes...
Posted on 5/16/22 at 8:19 pm to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith.
Same here. The interviewer told me he had no problem telling someone he was going to sue them just as if they were he and I sitting there having a conversation.
I never returned their phone call.
Posted on 5/16/22 at 9:04 pm to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith.
You’re right, poor people don’t deserve loans. God forbid they actually have a choice that is commensurate with their level of risk. The free market cuts both ways.
This post was edited on 5/16/22 at 9:15 pm
Posted on 5/17/22 at 6:41 am to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith
This does not sound much different (actually pretty much the same) from what credit card companies do millions of times a day in the promo emails they send out for new credit cards
Posted on 5/17/22 at 8:00 am to Box Geauxrilla
quote:
Sorry the loan sharks are leaving town.
Aren't they the same type of operation as Tower Loan and Friendly Finance?
Posted on 5/17/22 at 4:14 pm to Box Geauxrilla
quote:
I actually interviewed there right after college and they asked me “how would you feel selling people 25%+ APR loans?” I just couldn’t do that in good faith. They basically said on a daily basis they call their existing loan accounts and “see how we can get them some more money they need (by selling them another loan)”. Awful business, I couldn’t do it.
People have to sign before they commit. They can always refinance.
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