Complaint Review: Foundation Financial

Be afraid. Be very afraid to do business with or work for this company. If you are smart enough to research this company here on rippoff report. com , then you are smart enough to heed the warning not to work for or do business with them.

There are several reasons that as an employee you should avoid FFG at all costs. The first is Money. This company is focused entirely upon making money for the owners and not at all for the employees who do most of the work. At the time of the initial interview, the company's managers promise you the world in terms of money. They promise that you will make $100,000 per year and all you have to do is make 200 telephone calls per day. What a crock of b.s. While the owners do well financially, 95% of the non-managerial employees do poorly.

Company has very high turnover. Over 90%. Most of the employees have been employed for less than six months. A few of the managers have been there longer. Company purges 90% of all employees from each recruiting class within two months. If you are prospective employee, you probably won't make it past sixty days. If you don't get purged, you will have been smart enough to have quit before the purge.

Work atmosphere is horrid. Days are long. From 9:00 a.m. until 7:30 p.m. Working half day on Satirday is mandatory for most employees. Each day begins with two or three mandatory sales meeetings in which managers drone on and on and on, day after day, about how much opportunity there is to make money if employees would only take advantage of it.

Company says that employees are not telemarketers but that's exactly what they are. Company encourages employees to lie to customers telling people that FFG has called them because there is something terribly wrong with their credit file that only FFG can fix. Comapny also encourages employees to get people on the phoe or to call back because the FFG employee is actally calling from the government or the Federal Housing Association.

This company is beginning not to do well financially. One reason is the decrease in loan closings. This is because of the ridiculously high and outrageous closing costs that they try to charge on each loan. If you a re a customer of FFG, you can get a better deal almost anywhere else.

Be afraid. Be very afraid of this working for or doing business with this company.

Be ware
Marietta, Georgia
U.S.A.