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  • Report:  #328824

Complaint Review: Wells Fargo Financial - Farmington Hills Michigan

Reported By:
- Farmington Hills, Michigan,
Submitted:
Updated:

Wells Fargo Financial
27555 Halsted Farmington Hills, Michigan, U.S.A.
Phone:
248-9941491
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
I was a Credit Manager for Wells Fargo Financial for almost 2 1/2 years, and I cannot believe I stayed that long. In the time I was there, I had gone through 2 managers, 2 DM's, 2 RM's, and maybe 15 other Credit Managers whom which either were fired, quit, or made-to-quit.

I should have known I was stepping into a bad career when within the first 2 months, I had already seen 3 employees quit, one in which started after I begun working, only to leave about a month later.

My first manager was dishonest about everything from money to be made, job satisfaction, and even to the customers. He told me I would be making $60k a year, loving life, enjoying a fun work place. After the fact, my starting salary was $30k, and my bonuses couldn't ever be more than $2500, and that was if you ended up closing 4 or more mortgages, which we all know, in that place, is nearly impossible to do on a consistent basis. Some people did it, but just found out they were fired for manipulation of data and forging signatures!

I was working far more than the 40 hours I was told I would work, and never got paid overtime. I confronted my manager after 2 months and asked about overtime in front of the other employees (they had told me we won't ever be paid OT), and he pulled me in the booth (I'm sure we've all been in there at some point), and screamed at for bringing up that subject with everyone around. And it never got resolved.

A few months later, he was fired because so many employees had resigned and complained about him, only to be replaced by someone with a bigger ego that him.

At first, we all were excited to have someone fresh to the office who would give us some good direction. However, he belittled everyone who was working there, not only in front of the whole office, but outside of work too. We would get harassed for not going out to drink with him after work or the weekends (he just got a DUI a few months ago). My best friend just got laid off there by him, right as he was leaving for vacation. Taking PTO was like pulling teeth. I felt like I could never take a vacation because it was too nerve-racking to hear what his response would be.

Onto the products and loans. I have never seen so many high-rate credit cards in my life, with annual fees on top of that!!! We were made to sell so many of them, all to people with enough credit card debt to force them into bankruptcy. I felt sick everyday because I would have to sell people things I knew wouldn't benefit them. Granted, some loans were the only thing they would have left, but come on, 4 points on every mortgage sold to customers. And auto loans that would leave these people stuck in their cars they thought they could get rid of. And the rates on the mortgages were outrageous! I would never refi my house will Wells, even if it were the last place I could go.

Now that I have a new job, in a completely different field, I have been so much happier, and everyone can tell. I hope whoever works at Wells never has the experience I had, and the majority of the other people who are still working there too.

Nick

Farmington Hills, Michigan

U.S.A.


10 Updates & Rebuttals

Shawn

Canton,
Michigan,
U.S.A.
Again...laughable

#2UPDATE EX-employee responds

Thu, April 16, 2009

To "Debbie" I know EXACTLY who you are. If you want to come on here and talk tough why not be honest about things. As I was. I left 100% on my own terms, don't get me confused with anyone else. Also you were no where in the ballpark of a stellar employee. You performed poorly the entire time I was there. Listen, I understand why you feel the need to come on here to make yourself feel important, I get it. But be honest when you choose to do so and don't hide behind fake names and lies. And you talk about fairy tale life HA.


Andromeda

Near Roswell,
New Mexico,
U.S.A.
You are probably correct! It had nothing to do with the company.

#3Consumer Comment

Sun, October 05, 2008

Shawn Canton, Michigan U.S.A. 'At first, we all were excited to have someone fresh to the office who would give us some good direction. However, he belittled everyone who was working there, not only in front of the whole office, but outside of work too. We would get harassed for not going out to drink with him after work or the weekends (he just got a DUI a few months ago). My best friend just got laid off there by him, right as he was leaving for vacation. Taking PTO was like pulling teeth. I felt like I could never take a vacation because it was too nerve-racking to hear what his response would be.' 'Same old story from another no talent employee who couldn't make it unless it was handed to him on a silver spoon.' It is easy to say you quit, but it is likely you were fired just like the first manager. Prove you have ever worked for the company. 'I am the second manager referenced in this cute little story. I no longer work for Wells Fargo but it has NOTHING to do with the company.' Prove you were the second manager. You are probably correct! It had nothing to do with the company. From reading the above post, it had quite a bit to do with you! This little post is a perfect example. Why does 'SHAWN' feel the need to post this after HE moved on with HIS life? Maybe HE needs to reassure HIMSELF that it wasn't HIM that failed, just everyone else around him. Until 'SHAWN' realizes the fault with HIS thinking I'm sure HIS next employer will probably end up getting rid of HIM. 'SHAWN', try very hard to be a REAL MAN and if YOU want to talk bad about someone do it to THEIR face, like an ADULT. Not on a website. Again this post in no way represents the opinion of Wells Fargo and company. I am not an employee or agent of Wells Fargo. The opinions are strictly my own. What does Again mean? Did I miss something earlier? You are not defending the company. They do not need defending. You are attempting to defending yourself here. probably in order to feel better! What is your fixation with defending yourself NOW? Oh, I know! Maybe YOU need to reassure YOURSELF that YOU are not really a lazy, no talent, immature person that will never be succesful until YOU grow up and realize the problem probably comes from within. By the way, you misspelled successful. The opinions above are strictly my own. Best of luck in the future.


Renae Coffman

Kimberly,
Idaho,
U.S.A.
Renae Coffman= Lost my management job at Wells Fargo Financial cause I was pregnant with twins

#4UPDATE EX-employee responds

Sun, October 05, 2008

See what happens is that a DM or RM gets reported to HR for one reason or another. So they transfer that DM or RM districts. They did that to my old RM after I announced to the Region what he had done to me. These RM's get 40,000 + Bonuses on top of their 150K + year salaries...they usually don't to get rid of them. (-=


Renae Coffman

Kimberly,
Idaho,
U.S.A.
Renae Coffman...forced on maternity leave, demoted and transfer out of Grand Junction, CO after becoming pregnant with twins.

#5UPDATE EX-employee responds

Sun, October 05, 2008

Nick, I am not sure if you read my right on this website....too long I know. You took the good from Wells Fargo Financial and that is why you were there for 2 1/2 years. You obviously did your job because you were around for 2 1/2 years. You enjoyed helping the customers that could not go anywhere else but you felt so guilty shoving the customers into the 4% fees when you knew that they could have gone to Wells Fargo Home Mortgage and received 2% lower rate and 1% fees. How about telling the customers you were going to give them an extra $20,000.00 cash out to the customer to keep the customer from going prime. Yes, this is what is instructed from the top all the day down to the processors. Take the good and run with it. Go to wells fargo over time law suit and sign on with the over time class action law suit. I worked for the company for 8 1/2 years...almost 9. I was a manager. I was instructed that we were not to pay over time. I didn't get paid for 100's of hours when I was an assitant manager too. Shawn, I know your type!! No comments to you. Oh, and also Nick....Wells Fargo Financial is very male dominant. If you were not the type of guy that would treat your employees the way that Shawn treated you..then you were going to make it any where anyways. You don't need them. Good Luck!!


Debbie

Butte,
Montana,
U.S.A.
Wells Fargo Financial and crooked manager, DM, RM, VP

#6UPDATE Employee

Thu, September 11, 2008

Shawn I am here to tell you that you are a prime example of the management at WFF. I am still employed there and am currently on AD MIN leave for reporting fraudulant activity on my manager. I am a steller employee. Sold all those products. ON the LEADER board ALOT. So please don't blow any more bull up anyone elses skirt but your own. And from what I remember you did not quit but was given an oppurtunity to get paid for those two weeks while you look for a job. Sound familiar to you. (pretty much quit or get fired). Have a fairy tale life Shawn....


Shawn

Canton,
Michigan,
U.S.A.
Laughable...predictable

#7UPDATE EX-employee responds

Fri, August 15, 2008

Same old story from another no talent employee who couldn't make it unless it was handed to him on a silver spoon. I am the second manager referenced in this cute little story. I no longer work for Wells Fargo but it has NOTHING to do with the company. I simply found an opportunity that suited me better. Wells Fargo Financial is a GREAT place to work. If you have some talent, work hard and can commit to being an adult, the sky is the limit for you. I highly recommend it as a place to work. The problem is that if you are lazy, and have had everything handed to you for your entire life, it is difficult to learn that life is HARD, and you have to WORK to stand out. Was I the perfect manager? I'm sure not, not close. But what "Nick" fails to mention is that his performance was laughably bad for that 2.5 years. The rest of the office suffered because of his lack of work ethic and talent. He also fails to mention that his 2 DM's and RM's never left, all four are still with the company, but transfered or realigned. And are also some of the most intelligent, best leaders I have ever met. Nice omission. Go to google.com and you will find these stupid little posts about every major company. "I was treated unfairly" "our products were bad, that is why I couldn't sell them" " my manager was mean" the list goes on and on. The unfortunate part is these lazy, no talent, immature people will never be succesful until they grow up and realize the problem probably comes from within. This little post is a perfect example. Why does "Nick" feel the need to post this after he moved on with his life? Maybe he needs to reassure himself that it wasn't him that failed, but everyone else around him. Until he realizes the fault with that thinking I'm sure his next employer will end up being lied about on this website. Be a man and if you want to talk bad about someone do it to their face, like an adult. Not on a website. Again this post in no way represents the opinion of Wells Fargo and company. I am not an employee or agent of Wells Fargo. The opinions are strictly my own. Best of luck in the future.


Shawn

Canton,
Michigan,
U.S.A.
Laughable...predictable

#8UPDATE EX-employee responds

Fri, August 15, 2008

Same old story from another no talent employee who couldn't make it unless it was handed to him on a silver spoon. I am the second manager referenced in this cute little story. I no longer work for Wells Fargo but it has NOTHING to do with the company. I simply found an opportunity that suited me better. Wells Fargo Financial is a GREAT place to work. If you have some talent, work hard and can commit to being an adult, the sky is the limit for you. I highly recommend it as a place to work. The problem is that if you are lazy, and have had everything handed to you for your entire life, it is difficult to learn that life is HARD, and you have to WORK to stand out. Was I the perfect manager? I'm sure not, not close. But what "Nick" fails to mention is that his performance was laughably bad for that 2.5 years. The rest of the office suffered because of his lack of work ethic and talent. He also fails to mention that his 2 DM's and RM's never left, all four are still with the company, but transfered or realigned. And are also some of the most intelligent, best leaders I have ever met. Nice omission. Go to google.com and you will find these stupid little posts about every major company. "I was treated unfairly" "our products were bad, that is why I couldn't sell them" " my manager was mean" the list goes on and on. The unfortunate part is these lazy, no talent, immature people will never be succesful until they grow up and realize the problem probably comes from within. This little post is a perfect example. Why does "Nick" feel the need to post this after he moved on with his life? Maybe he needs to reassure himself that it wasn't him that failed, but everyone else around him. Until he realizes the fault with that thinking I'm sure his next employer will end up being lied about on this website. Be a man and if you want to talk bad about someone do it to their face, like an adult. Not on a website. Again this post in no way represents the opinion of Wells Fargo and company. I am not an employee or agent of Wells Fargo. The opinions are strictly my own. Best of luck in the future.


Shawn

Canton,
Michigan,
U.S.A.
Laughable...predictable

#9UPDATE EX-employee responds

Fri, August 15, 2008

Same old story from another no talent employee who couldn't make it unless it was handed to him on a silver spoon. I am the second manager referenced in this cute little story. I no longer work for Wells Fargo but it has NOTHING to do with the company. I simply found an opportunity that suited me better. Wells Fargo Financial is a GREAT place to work. If you have some talent, work hard and can commit to being an adult, the sky is the limit for you. I highly recommend it as a place to work. The problem is that if you are lazy, and have had everything handed to you for your entire life, it is difficult to learn that life is HARD, and you have to WORK to stand out. Was I the perfect manager? I'm sure not, not close. But what "Nick" fails to mention is that his performance was laughably bad for that 2.5 years. The rest of the office suffered because of his lack of work ethic and talent. He also fails to mention that his 2 DM's and RM's never left, all four are still with the company, but transfered or realigned. And are also some of the most intelligent, best leaders I have ever met. Nice omission. Go to google.com and you will find these stupid little posts about every major company. "I was treated unfairly" "our products were bad, that is why I couldn't sell them" " my manager was mean" the list goes on and on. The unfortunate part is these lazy, no talent, immature people will never be succesful until they grow up and realize the problem probably comes from within. This little post is a perfect example. Why does "Nick" feel the need to post this after he moved on with his life? Maybe he needs to reassure himself that it wasn't him that failed, but everyone else around him. Until he realizes the fault with that thinking I'm sure his next employer will end up being lied about on this website. Be a man and if you want to talk bad about someone do it to their face, like an adult. Not on a website. Again this post in no way represents the opinion of Wells Fargo and company. I am not an employee or agent of Wells Fargo. The opinions are strictly my own. Best of luck in the future.


Shawn

Canton,
Michigan,
U.S.A.
Laughable...predictable

#10UPDATE EX-employee responds

Fri, August 15, 2008

Same old story from another no talent employee who couldn't make it unless it was handed to him on a silver spoon. I am the second manager referenced in this cute little story. I no longer work for Wells Fargo but it has NOTHING to do with the company. I simply found an opportunity that suited me better. Wells Fargo Financial is a GREAT place to work. If you have some talent, work hard and can commit to being an adult, the sky is the limit for you. I highly recommend it as a place to work. The problem is that if you are lazy, and have had everything handed to you for your entire life, it is difficult to learn that life is HARD, and you have to WORK to stand out. Was I the perfect manager? I'm sure not, not close. But what "Nick" fails to mention is that his performance was laughably bad for that 2.5 years. The rest of the office suffered because of his lack of work ethic and talent. He also fails to mention that his 2 DM's and RM's never left, all four are still with the company, but transfered or realigned. And are also some of the most intelligent, best leaders I have ever met. Nice omission. Go to google.com and you will find these stupid little posts about every major company. "I was treated unfairly" "our products were bad, that is why I couldn't sell them" " my manager was mean" the list goes on and on. The unfortunate part is these lazy, no talent, immature people will never be succesful until they grow up and realize the problem probably comes from within. This little post is a perfect example. Why does "Nick" feel the need to post this after he moved on with his life? Maybe he needs to reassure himself that it wasn't him that failed, but everyone else around him. Until he realizes the fault with that thinking I'm sure his next employer will end up being lied about on this website. Be a man and if you want to talk bad about someone do it to their face, like an adult. Not on a website. Again this post in no way represents the opinion of Wells Fargo and company. I am not an employee or agent of Wells Fargo. The opinions are strictly my own. Best of luck in the future.


Wellsfargoinjustice.com

Minneapolis,
Minnesota,
U.S.A.
Contact Wells Fargos' Top Dogs

#11UPDATE EX-employee responds

Fri, May 02, 2008

Some people find it difficult to believe any of Wells Fargos' 150,000 employees or millions of customers would ever be critical or dissatisfied with the firms' level of customer service, operations, financial performance, ethics, data privacy and information security safeguards, etc. Of course, a brief look at www.ripoffreport.com or a quick search on any Internet search engine offers ample evidence that Wells Fargo is discriminatory, unethical, and engages in questionable if not illegal business practices. In any case, if you want to contact Wells Fargo regarding any of your concerns or complaints, you may want to check out the contact information (including individual phone numbers and email addresses) for numerous Wells Fargo departments and employees at http://www.wellsfargoinjustice.com-a.googlepages.com/email. Please let us know what sort of response (if any) you receive from Chairman d**k Kovacevich or others at Wells Fargo. And if you know how to contact specific Wells Fargo employees who are not currently listed on our site, please send us this information. We will be happy to include it on our website at wellsfargoinjustice.com

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