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Republic Finance moving headquarters from Baton Rouge to Plano, Texas
Posted on 5/16/22 at 4:53 pm
Posted on 5/16/22 at 4:53 pm
quote:
Republic Finance, a 70-year-old consumer loan provider, is moving its headquarters from Baton Rouge to Plano, Texas, according to Texas-based media reports.
Most of the company’s executive team already is based in Plano, according to The Dallas Morning News. The new headquarters will house about 250 employees when it opens next year, compared to its current Plano presence of less than 100 people.
quote:
Founded in Baton Rouge in 1952, Republic Finance has expanded to several other states. Louisiana still has the most company employees of any state in the company’s footprint, the company says.
Republic Finance ranked twelfth in Business Report’s 2021 list of the top 100 private companies in the Capital Region.
LINK
14
Posted on 5/16/22 at 4:55 pm to SPEEDY
Pretty awesome news if you're an employee.
Posted on 5/16/22 at 4:57 pm to SPEEDY
I know several people that work there.
Posted on 5/16/22 at 4:58 pm to SPEEDY
Congrats to republic finance employees
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.
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 8:05 pm to SPEEDY
Shite company but Plano is wonderful.
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 8:12 pm to iAmBatman
quote:When I was in public accounting they were my main clients. Republic actually being one of them
Agreed...I had to audit a few of those places and I always hated it. They're basically legal loan sharks.
Was sad the days I was on site working and some of the poor souls that would come into that place and what they would put up as collateral
The checks they randomly mail to people is the worst part. Mailing someone with a terrible credit score a check for 1,000, where all they have to do is go cash it. But then they are on the hook for 24% interest
This post was edited on 5/16/22 at 8:14 pm
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 8:23 pm to SPEEDY
Can’t find qualified employees
Posted on 5/16/22 at 8:29 pm to SPEEDY
quote:
Rex Ellison, CEO of Republic Finance
This guy fricks
Posted on 5/16/22 at 8:30 pm to The Boat
quote:
This guy fricks people over
FIFY
Posted on 5/16/22 at 8:32 pm to billjamin
Long live the King
Posted on 5/16/22 at 8:56 pm to SPEEDY
Finance is bullshite
You are better off with the cash in a can in the yard in Biden’s America
You are better off with the cash in a can in the yard in Biden’s America
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 5/16/22 at 9:08 pm to Winston Cup
Turning its back on Louisiana
Posted on 5/16/22 at 9:09 pm to Papercutninja
quote:
You’re right, poor people don’t deserve loans.
Is this a joke? Lol
Posted on 5/16/22 at 9:14 pm to Ancient Astronaut
My sarcasm font didn’t work.
Posted on 5/16/22 at 9:16 pm to Papercutninja
It did not. Rex is that chu?
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