Report: Quicken Loans
Category: Mortgage Companies
Quicken Loans Quicken Loans Past Employees: It's time to organize! Livonia Michigan
*UPDATE Ex-Employee responds ..I used to work for Quicken Loans
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Quicken Loans
Fax:
Livonia, Michigan, 48152
U.S.A.
Submitted: 5/28/2008 1:14:56 PM
Modified: 6/15/2008 1:56:13 PM
Tom
Madison, OhioJust to provide a brief history: I was employed by Quicken in the Cleveland office for just over a year. It is important to note that I left the company on my own accord. I was not fired and never was put on one of the infamous “opportunity lettersâ€. In fact, I was part of more than one revenue dinner. I'm not trying to toot my own horn. I'm just countering the patented Quicken Management Response. You know the You couldn't hack it here loser! response that seems to be the only retort they can come up with.
Long story bearable, I left the company when I realized that I was in an environment that was so toxic that I had no choice but to leave. I was losing my family and my moral compass. My soul was slowly being sucked out of me. It is not my intention to describe in detail my experience at Quicken. After all, you all know what you went through. To add insult to injury, Quicken has continued to try to make my life miserable even after I left. This post is an attempt to reach out to those of you who have been employed by Quicken Loans in the past and are ready to do something about the abuses that this company continually subjects its employees to.
It seems to me that the reason this company never gets hurt by its abusive practices is that individuals alone don’t have much of a voice. After all, one hurt person can't move a mountain. However, I know that if we could somehow gather our experiences and resources (and of course evidence) we might be able to hurt this company where it hurts the most. I know that we all have bits and pieces of this puzzle. If we can put them together in an organized, factual and coherent manner and figure out how to disperse this information to the public in the most effective manner, we can cause some major hurt for this company.
In closing I'd love to hear what some of you think. I really feel that this is a worthwhile cause. Quicken clearly does not care about the sales people they hire. How many of you saw talented, hard working sales professionals continually pushed to buy-in to the sm and give more and more of themselves only to be showed the door the minute their production dropped?
Tom
Madison, Ohio
U.S.A.
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Updates & Rebuttals:
- Talk about abuse! Runforyourlife [5/30/2008 8:00:10 AM]
- You are all idiots Thetruth [5/30/2008 3:56:43 PM]
- We Should Organize Steven [5/30/2008 7:05:51 PM]
- It's true! Jazz [6/2/2008 7:39:07 PM]
- RUN FOR YOUR LIFE Truegrit [6/4/2008 1:57:39 AM]
- LOL You are still a bunch of idiots Thetruth [6/4/2008 6:17:19 PM]
- Great Idea to Organize And Justice For All... [6/5/2008 2:47:37 PM]
- theTruth: A man with blinders Malachai [6/6/2008 12:02:05 AM]
- nice try loser Thetruth [6/6/2008 10:03:35 AM]
- malachai...wow...clap,clap,clap Truegrit [6/6/2008 4:35:01 PM]
- Wow what an honor president of ripoffreport Thetruth [6/6/2008 10:03:54 PM]
- You make some excellent points theTruth Malachai [6/7/2008 2:05:25 AM]
- theTruth hurts, but brings up some good things Malachai [6/7/2008 2:44:29 AM]
- The Truth.....hurts Can't Remember [6/7/2008 8:04:18 AM]
- hmmmm.... Thetruth [6/7/2008 12:11:10 PM]
- GO TIGERS!! Thetruth [6/7/2008 3:01:58 PM]
- To St. Louis Steven [6/7/2008 8:09:39 PM]
- Response to Steven Can't Remember [6/10/2008 2:08:45 AM]
- I used to work for Quicken Loans Robert [6/15/2008 11:11:59 AM]
Submitted: 5/30/2008 8:00:10 AM
Modified: 5/30/2008 8:01:25 AM
Runforyourlife
Detroit, MichiganU.S.A.
Talk about abuse!
Tom, Very Well said. This comapny is in need of a serious enema. Recent rumers (when rumers fly there they are ususally right) is ANOTHER Regional Vice President has just hit the bricks because of physically assulting not one but 2 QL people in nine months. Another is that his right hand director is under SEXUAL Assult investigation. These are 2 of the most powerful people in a region. How can the 'big guys' sit there and allow this to happen? Is Dan Gilbert, Bill, Pat and Jay blind to the abuses for profit? Apparently so! After one physical assuslt incident you would think they would pull the trigger immediately. After one allegation of sexual assult it should be immediate disposal but Noooooooo. This is the moral standards this company stands by. Don't work there, don't do business there... run!
They make thousands when the worker gets hundreds and their 'magical salary' can't cover the bills unless you are one of their newbies that live with Mommy and Daddy as so many are. Then there are the mandatory 'letters' for lack of performance. The rumor is the bottom 20 to 30% are gone this month for 'performace'. How about call it what it is, massive lay-off. But they can't because by law they would have to pay a severance package. The market is horrible the products to sell have dwindled and yet they keep their sales objectives as high as they were in the boom markets of 3 to 5 years ago.
Maybe this month i'm told, 20% of the entire 1300 + sales staff will earn a commission check. Thats 260 people. The rest even if they closed 6 units instead of the majical '7' will only get $100 per unit when QL reeps thousands per loan. Talk about injustice all in the name of a meeger $2000 per month salary. That doesn't pay the bills with gas hitting $4.00 a gallon.Then there are the hours... mandatory 12 + hour days and sometimes you leave after 10 hours and you still get crap from some flunky director who thinks he knows what management is about. Message to them... READ YOUR LABOR LAWS IN YOUR STATES!
I am happy I got out when I did but the amusement I get from my poor friends who still stick it out simply amazes me that anyone in any segment of the right mindset would continue to work in a harsh environment. It's their choice but the continuous stories are amazing and whats more amazing is this company is still around!
You are all idiots
To the person who started this post....do you not read this site? Apparently you do not because all of these people on here who are bitter as hell have already tried to go this route by contacting the FREEP. Do you know what came from that? An article that praised Quicken Loans and what a good company it was. You all seriously need to get a life. When you signed up for the job, YOU WERE TOLD YOU WOULD HAVE TO WORK A LOT. You didn't have a problem with it then did you? The great thing about at will employment, which is what Quicken and most places are, is that you can quit when ever you want. This is a truly amazing concept.
I do work there and have for 3 years and I will agree that there is a lot of pressure on people to perform and if you are not hitting your numbers then there is pressure to work extra but this is a sales job in one of the most competitive industries. What did you expect??? Did you expect the company to carry dead weight? Of course not it's a business and at the end of the day it's about making a profit, this may seem like a new concept to some of you idiots but that is the whole point of running a business. You were put on an opportunity letter (again I agree this has to be the most f---- retarted name for a production letter ever) after your production dropped? I seriously can not believe this because at my sales job before Quicken when my production dropped they actually gave me a raise and a promotion. So I too was shocked when people who were not making the company money were put on letter!!!!!!!!
At the end of the day if you do not want to work 12 hour days....guess what??? You don't have to. Last I checked they do not lock their doors and you can leave whenever you choose. Now yes you may be fired if you do this a lot and your production isn't good. Again I know this is very shocking since when I had my last sales job when we didn't work a lot and we also didn't get any sales they actually gave us raises wow that was awesome. Notice the time of my post, it's 6:30 eastern time and I have a 1 hour drive home. So i guess Quicken must not have mandatory 12 hour days or else i started really fucking early today.
I can understand that you are upset with the company because I have been there also, it's a mentally grueling job but that how every sales job is. For you all to get on here and just flat out lie when you know better is shameful. You know all these people on here bitching about losing their deposit 95% of them had their appraisal come in low. They would be out this money whether it's in the form of a deposit with quicken or paying cash for one with a different company. Quicken never inflates values (i'm sure there are some shady bankers who would do so) and while sales people at quicken are there to make money they do have clients best interest in mind.
Also the process of the loan, goes to great lengths to make sure that numbers can not be changed on the client without them knowing. From the initial call to the final goals call and to the new process that requires clients to re-sign documents such as the GFE or IRD if the numbers change. Be mad at the company and be mad at the management but why would you try to trash a companies name and affect the thousands of workers there that have had nothing to do with you being fired? Grow up, move on life is to short.
As far as the dude that says only 20% of the company is getting checks, this is 100% false. Business is down but I would say its about 20% of the people are not getting paid. Also they are not firing people by the masses so stop making up stuff. Are people getting fired? Sure, but again it is the people who are not making money and to remind you again the reason your job is in sales is because you are supposed to actually get sales. Again shocking revelation I know. Also there is not an RVP who was fired or is about to get fired. So again if you are going to write shit on this site at least know what you are talking about.
For everyone that will say this is danny g or bill or jay or jeff p or any of the other leaders in the company that is not true. and I'm not some presidents club banker who has it so easy I can't relate to what you are saying. I'm a sr. banker and I have been with the company for nearly 3 years. I do understand your frustration but to take it to this level and make up lies to try to hurt the company is juvinile. Grow up get over it, you will live and if this experience was so bad for you then learn from it and do not allow yourself to be put into a position where you feel like you are being forced to work or not being respected. Again the beautiful thing about being an american and having rights to do whatever we want is YOU CAN QUIT ANY JOB YOU LIKE, AS FAR AS I SEE IT YOU ARE THE MORONS FOR STICKING AROUND SO LONG AT A JOB YOU DIDN'T LIKE. IF ANYONE YOU WOULD LIKE TO CHALLENGE WHAT I'M SAYING LET ME KNOW AND I WILL FORWARD YOU MY EMAIL ADDRESS AND WE CAN TALK FURTHER BUT PLEASE GIVE IT A REST.
We Should Organize
I think it would be great if a couple a hundred people who hate this company do a protest outside of their offices. I think it would be fun. We can get the media involved and display our hate for this shady company.
It's true!
Yes it is true. The RVP was let go for abusing some of his directors. Crazy huh? I don't know about the sexual assault, but I'm sure that won't take long to come out into the air. I think that Dan needs to remember the saying 'What's done in the dark will come to light'. Seems to be what is happening now. He's ok though. He has enough companies making money for him that if Quicken went under, he would not even flinch. As for the percentage of people not getting paid? TOTAL TRUTH. Poor Sr. Banker. Your still there? After 3 years? Shouldn't you be an Exec/Pres Club banker by now? Hmm. The company robs people of time, their health and their own visions.
I know many that are captive and brainwashed. Especially right now, there is NO money in the mortgage business. Even look at some big brokers. The only money they are making right now is from getting people to sell for them, NOT from being able to write mortgages. It would be nice for someone to come along, open the gates and let all the animals escape from the Quicken circus. Only those with no life skills will remain with Quicken at that point!
RUN FOR YOUR LIFE
The truth 'acts as if' a lot. I wonder what other employment he has had before QL? The trainers in AZ were probally the most ethical ppl as far as leadership goes. However, it's funny how much badmouthing and how loose the lips are once you get to know your leadership. I am betting the truth isn't the most disiplined person in the world! IF I were a betting man, I can probally think of 3-4 ppl in Quicken that will also expose this comapny on RIPOFFREPORT. Oh I forgot, QL makes you sign a paper that says you will REFRAIN FROM TALKING TO QL EMPLOYEES OR WORK IN THE INDUSTRY FOR 6 MONTHS. Too bad this is America and not Nazi Germany! The truth is, I am not bitter!!!! I actually care about people and think it's important that we express our legitimate concerns wisely.
LOL You are still a bunch of idiots
I'm not educated....right I am willing to go out on a line and guarantee that I have more education from all of you monkeys combined. I graduated from U of M so please try again. I have been there almost 3 years and I should be exec or pres club, I'm not going to lie and tell you that things are booming I think I would lose all credibility if I were to do so. However for people that are talented it is very easy to make 6 figures. As far as previous jobs I have had plenty some really sh**ty some really good. Do I want to work at Quicken for the rest of my life? Probably not again it is a stressful job and I will agree it is not the #1 company in the country to work for. However it is a good company to work for as long as you are good at your job, unlike you all losers. Of course if you suck at what you do IN A SALES JOB they are going to ride your ass. Of course they are all about making money because again QUICKEN IS IN BUSINESS TO MAKE MONEY. I know this may be hard for you tools to understand but that is how you become succesful. The funny thing is you know Quicken is not an immoral company, they may not care about sh**ty worthless bankers but they do care about our clients. Again grow up, get a life, make money at your new job which you all say you have and get over the fact you were fired or had to quit because you couldn't handle the pressure. Let me ask you tools that think you are actually going to get somewhere with this, how did your FREEP article go? How is the lawsuit going? Funny have they have no new updates in nearly 6 months. And last but not least a little birdie says that ripoffreport.com may be getting shut down, what are you going to do with your lives if that happens?
Submitted: 6/5/2008 2:47:37 PM
Modified: 6/5/2008 8:57:44 PMAnd Justice For All...
Tempe, ArizonaU.S.A.
Great Idea to Organize
I encourage all of you in Michigan to get together and protest outside the building! This will draw the much deserved media attention to the issues at Quicken Loans. This place is full of corruption and needs to be brought to justice!
On a side note… Regarding User Name: The Truth “ Here is a common definition of Brainwashing: The application of a concentrated means of persuasion, such as an advertising campaign or repeated suggestion, in order to develop a specific belief or motivation. It's very obvious that you are brainwashed and need medical attention. No person in their right mind would stick up for a company founded on the basis of coercion.
Ask your fellow Michigan Grads what they think about the company. Ask your family what they think about the company. If you have kids, ask them what they think about having their dad at work all day. Another side note A Message for Dan G: Character is defined by intent; not by possessions. You have negatively affected thousands of lives. You can hide behind the false pretenses and shady practices but someday your time will come. And Justice for All
theTruth: A man with blinders
'I'm not educated....right I am willing to go out on a line and guarantee that I have more education from all of you monkeys combined. I graduated from U of M so please try again.'
Graduating from a university seemingly has not granted you: the ability to think (critically), spell, formulate an argument, stray from cliches when writing, stray from rhetoric when writing, be a learner and so on. Also, you would be MOST unwise to assume an AS or BS tops an individuals education, especially a combined education between us. Son, you have yet to see any of the country, let alone the world...let alone boast a rounded education, especially when you can't spell.
'I have been there almost 3 years and I should be exec or pres club, I'm not going to lie and tell you that things are booming I think I would lose all credibility if I were to do so.'
Ok, so its not YOUR fault that you are not a pres. club banker? Listen habitual liar and contradictor, if you are making 6 figures (a lie) then what do you care if you are a pres. club banker? Also, either you are hitting numbers for promotion or you are not. ARE YOU HITTING THEM? No, it is either your fault or quickens...if niether, then it is 'magic' ...you just proved yourself wrong, and you are apparently too 'educated' to realize it. As far as losing your credibility, don't worry...you do not suffer from credibility at all. I know this because: no one, not even one person, has agreed with, hinted at agreeing with, or even attempted to side with you, let alone ask you to explain further (besides me...but you failed to do, and in fact, copped out, realizing you cannot refute me, what I say, or respond...but we will get to that in a bit)
'However for people that are talented it is very easy to make 6 figures.'
True, just not at quicken. you can count the six figure salaries at quicken on your hands and feet (maybe possibly, another persons hand and feet...some management is way overpaid, and do nothing).
'As far as previous jobs I have had plenty some really sh**ty some really good. Do I want to work at Quicken for the rest of my life? Probably not again it is a stressful job and I will agree it is not the #1 company in the country to work for.'
True, good job...although you have come to some more realistic observations here, I am failing to see the relavance.
'However it is a good company to work for as long as you are good at your job, unlike you all losers. Of course if you suck at what you do IN A SALES JOB they are going to ride your ass.'
Again, you cannot read. Many posting here have remained in sales, and are MAKING MUCH MORE THAN YOU. I for one, am not in direct sales role anymore, but trust that I make more than the best 'senior' banker (average age is 25, so its a funny title) before I take my lunch. Yes, I have time to have lunch when I work...
'Of course they are all about making money because again QUICKEN IS IN BUSINESS TO MAKE MONEY. I know this may be hard for you tools to understand but that is how you become succesful.'
No one questioned the drive to make money by corporate america. no one. so what is the point of saying this? what did they teach you at U of M? first you make quicken look bad...now U of M is officially off of my list for recommended colleges...what did they do? inject antifreeze into your slushy?
'The funny thing is you know Quicken is not an immoral company, they may not care about sh**ty worthless bankers but they do care about our clients.'
Anyone who grants all of their time and effort to a company, even if they do...as you put so eloquently 'suck', they are not 'sh##ty' people by any means. Saying so simply further points out what a failed child you are. I am sorry you have no confidence and are a failure, stuck at quicken for three years with only the barebones promotion and hardly any money. I really am sorry for all of that. But dont take it out on people who
1.) majority were better bankers than you ever will be
2.) were smart enough to leave, or lucky enough to be forced out (you see...HONORABLE hardworking people with ethics tend to STICK IT OUT and try to make things work, these types need to be forced out of quicken, because otherwise, they wont leave, and it is painful for them, because they care about quicken, but good for them when they leave)
3.) can read, write, spell, understand, comprehend
4.) people who don't describe other people as 'tools' or 'losers' or 'sh$$y'
And YES. quicken is an immoral company. simply look at your example...reread all of your posts. are you a good spokesperson?!?!?! I think not.
'Again grow up, get a life, make money at your new job which you all say you have and get over the fact you were fired or had to quit because you couldn't handle the pressure.'
Pressure occurs at every job, unless you are a phonebook editor. well, no they have deadlines too. if we were running from pressure, we would be fighting a losing battle...but you dont know that yet, because you are still a child, who thinks he will get rich if just keeps donating all of his daylight hours to a company that will throw him under the bus or to the curb at the drop of a hat. test them if you dont believe me. just test them. you also forget AGAIN...that there are people who post here who QUIT because they woke up, got a real job (something you should do).
As far as growing up all I can say is: print all of your posts. put them in a box. when you turn 40, read them. Then, promtly punch yourself in the stomach three times for asking someone to grow up after writing some of the most obnoxious, mindless, and to be honest...5th grader insults in the world.
As far as getting a life, I have a great and awesome life...HOWS YOURS??? How is your car doing? your house (never mind...you do NOT own a home)...your wife and kids (never mind, you still eat dinner with mommy) how is your college going (never mind...you 'graduated') how is your continuing education going (never mind...quicken provides all the ed. you need right?)...how are your hobbies? can you paint? play an instrument? sing? race cars? shoot guns? something?!?!?! anything besides quicken?!?!?...never mind...you dont have time for meaningless, non money making things like: fun.
'Let me ask you tools that think you are actually going to get somewhere with this, how did your FREEP article go?'
Again, I have no idea what article you are talking about, but a positive message about quicken does not stop me or others from spreading the truth. just like hitlers positive messages didnt stop the allies from crushing him.
'How is the lawsuit going? Funny have they have no new updates in nearly 6 months.'
Actually, (clearly you are not that smart), there have been numerous updates in the bast 2 months. one of which, involves a court decision in favor of...NO...not quicken sorry...US. thats right. dont want to be a spoiler but, trust me, quicken will lose...notice i didnt say you...but quicken...thats because there is hope for you yet. you can get out, get a real CAREER, instead of a deadend job. quicken is the same as working in fast food (so ironic that they use the comparison all the time)...except the manager tells you 'hey, we pay you 8 dollars an hour! make 50 burgers an hour or you are fired...'...serious as a heart attack, that is quicken.
'And last but not least a little birdie says that ripoffreport.com may be getting shut down, what are you going to do with your lives if that happens?'
My life will be the same. it will be great. so why are you talking to birds? and why do they lie to you? rip off report recently won ANOTHER attempt to get them to turn over information...wow, I love the constitution...too bad Daniel Gilbert sees it as toilet paper.
You still havent answered any of my questions...I have answered every single one of yours. care to use your brain?
nice try loser
Again you are wrong on all fronts. I do make 6 figures on senior pay, U of M is the best college in the country, most of you are not good salesman. Again you get no where with this stuff so I won't waste my time on you. Have fun going back to work after your lunch break notice I am posting right now which means I'm at home getting ready to go out on my boat. Again only bad bankers have to work really long hours. I am not expecting a response from you on this but let me ask you again, how did the article with the freep go? How about the lawsuit? Again ill give you credit because you actually do seem intelligent however you say the same stuff over and over and think you are going to convince me quicken is a bad company.
At the end of the day, I know I make a lot of money, my family knows it and my bank acct does as well. That's all that matters good luck getting no where with this. Have a good day at work and try to leave early because its a nice day to be on a lake!!!!!
malachai...wow...clap,clap,clap
IF I was the truth...I would choose not to post on here anymore....Notice who has his back on these postings? Ooooops, no one! Congrats to him for graduating! Great, he still works at QL though. Malachai, I vote you for Ripoff report President. I don't really have any other points towards QL after all your postings. You even managed to throw in some humor:) I like the whole read this when you are 40 line and then punch yourself in the stomach 3 times. As far as I know the avg closed loans per banker is 2.7 right now. Good luck with 6 figs, we all know how many loans it takes every month to be on track.
Wow what an honor president of ripoffreport
Wow that is something to be proud of. Again make some calls to anyone you know in the company 2.7 is not the average. That is THETRUTH. You like that play on words??? I figured you would lol. Again it is what it is, and just so you know today was hot and if you do not wear sun block you will get burned. I know, I know my U of M degree should have taught me to wear sun block when on a boat putting down a wonderful beverage called carona. I know, I know I must be a alcoholic since I just admitted to drinking beer. Not everyone works a lot of hours, a lot do. This may be a suprise but there are senior bankers that make 100G's a year and after checking YTD income on my paystub ($42,000) today, pay day, I should be on pace to do it again. Hey you know what if I come up short and only make $90,000 because things are hard right now, I won't run from hard times I'll go ahead and accept my $10,000 pay decrease and take it like a man. Come on, rip on me again. Talk about how this is my only real job ever, i love slushies and red bull. Call me a cheerleader whatever you want cause I know it is coming. That's ok though cause you all know with this job you must have thick skin so I think I'm going to be ok. Why would I get on here and lie about the stuff I am saying like you all think I am? I agree with you on some things; quicken is not the #1 company to work for, it is probably not a career job, if you have a family and you are not successful or have a jack a** boss (didn't swear just for u :). But the job does work for me, why do you all find it so hard to accept that there are people who do good and make a good living at quicken? Again I understand why many of you are frustrated trust me I have been there. I just do not think Quicken is evil like you attempt to make them appear. At the end of the day, I really do not care if quicken loses the lawsuit. Good for you guys if you get money because it will not be coming out of my pocket. I just think it's crazy to say you expected overtime unless the recruiter lied their a** off to you when you were hired, if they did I would be VERY pissed also. I'm not joining the suit but if Quicken is found guilty (my personal opinion is they won't) by a judge then they should have to pay up. I really do not think you guys are burger flippers I just love seeing everyone on here get all worked up, that is why I come to the site it is entertaining. Like I said in the last post a lot of you appear to be very smart. I think the length you go to make quicken look bad is crazy but again if I already admit that quicken will not be a career job (it is very stressful even if you are well paid) I'm not going to be here forever so if want to keep at this then keep at it. It is not affecting my business right now and that is all that matters to me. I'm not going to sit here and write personal attacks at any of you for my entertainment any more. You are right that is childish. 2 out of 3 quicken locations are probably 1 and 2 worst places in the country so I'm lucky to have a job making good money and if you guys were able to find good jobs then you are lucky also. If you would like to continue to debate things then I'm down but I'm not going to keep on the personal attack route because that is very counter productive for everyone on here.
You make some excellent points theTruth
Well, I was waiting for you to convince me, and you failed. You say I am wrong on all fronts. The fronts you propose are: your supposed 6 figure salary, which yes, is a lie. I am sorry to tell you, but no one on this Earth believes you. Reason: you should be higher than senior; you should not make it 2 - 3 months at a 100k per year monthly pace without getting exec.
Another front you propose is college, and your response was U of M is the best college in the country.Riiiiiiiiiiiight. I am seeing a pattern here. Let me guess, your mommy is the best mommy, your car is the best car, and you can run really super duper fast and your shoes are the bestest there ever was. Well, gee golly Johnny, you are quite swell.
You then say most of us are not good salesmen. So who is? Which one of us are and which one isn't?Let's hear your expert 6 figure testimony. Meanwhile, you actually have provided again zero response to the REAL fronts. The real positions, questions and answers that I have posed. In other words: failed.
You say you won't waste time sir, this is your 7th or 8th post. If your time is considered at all valuable I would say you have wasted it already. Especially since you have not proven anything, convinced anyone, countered any argument (with something other than low grade you are all losers type jokes).
You also said, again this is very very funny you said:
notice I am posting right now which means I'm at home getting ready to go out on my boat. Again only bad bankers have to work really long hours.
OF COURSE! If you are posting now you are getting on your boat. Of course, that is the only logical explanation. Who else would post now? Certainly not someone without a boat NO WAY. Of course, As I told you before, when you post, your post does not arrive for hours, sometimes even days later. So the timestamp on your post doesn't mean too much. But yes, you are right OF COURSE YOU HAVE A BOAT posting at that time anyone who posts at 3pm has a boat. That is simply scientific fact.
Yes, only people who are bad at their jobs put in long hours. You are right about that. Larry Page and Sergey Brin put in long hours because they were bad at development.
I am not expecting a response from you on this but let me ask you again, how did the article with the freep go? How about the lawsuit?
Why would you not expect a response, I already promised to give you more attention than your college professors apparently did (poor argument structure, poor grammar, bad attitude).
Again, I have no clue what article you are talking about. The lawsuit is going fine.
?!?!?! Didn't I say that already. Why do you keep asking me to repeat myself?
Again ill give you credit because you actually do seem intelligent however you say the same stuff over and over and think you are going to convince me quicken is a bad company.
Thanks, credit from you means a lot to me. It really does. I am serious.
At the end of the day, I know I make a lot of money, my family knows it and my bank acct does as well. That's all that matter
You are right. Money is the ONLY thing that matters in life. The only thing at all. And you know that, you know you make money, and so does youre family and your bank account.By the way, when someone starts pointing out people that can verify what they are saying, that is called witness-standing. It is a common tactic interrogators witness when the person they are interrogating is backed into a corner. They eventually say well, you know what, my mom knows I was at home, all my friends know I was at home so I could not have killed him. Witness-standing is one of the minds last defenses.
good luck getting no where with this. Have a good day at work and try to leave early because its a nice day to be on a lake!!!!!
Another last defense is to try to assume the position of the person posing the argument. In this case, you are attempting to state that because you had enough free time to go on a lake, that quicken affords you as much free time as my job. No way, certainly not if you are making 6 figures. It is possible at quicken but you need to be sleeping breathing and eating it. You really don't seem the type. You seem the type to close 6-12 units a month, brag about each set-up and folder call with your buddies, and then get mad when things go wrong at closing, and blame it all on the client.
To be honest, if I was making over 100k at quicken, I would never have dignified ripoffreport with postings and responses. And if I did, I would try to spell.
theTruth hurts, but brings up some good things
Well theTruth you have extended your list of common human defense mechanisms. However, you exposed some interesting humanism in your posts.
Wow what an honor president of ripoffreport Wow that is something to be proud of.
Well, no, because I am not the president. You mean am I proud that someone likes my posts? No, but I appreciate it. What do you have to be proud of? Re-read your posts and ask yourself if you would let your girlfriend, your grandmother, or anyone you respect (if you ever do such a thing) read your posts. I think at some point, your parents probably thought you would turn out to be a bright and respectful person. Print your posts and let them read them.
Again make some calls to anyone you know in the company 2.7 is not the average. That is THETRUTH. You like that play on words??? I figured you would lol.
Interesting. I will take you up on that and make some calls. And yes, your humor is much more appreciated than your burger references. Just because I work at BK flipping burgers does not mean you can talk down to me. Besides, at BK, my boss is the king. And I get to bathe in grease every day. Burker king is my life, what can i say.
Again it is what it is, and just so you know today was hot and if you do not wear sun block you will get burned. I know, I know my U of M degree should have taught me to wear sun block when on a boat putting down a wonderful beverage called carona. I know, I know I must be a alcoholic since I just admitted to drinking beer. Not everyone works a lot of hours, a lot do. This may be a suprise but there are senior bankers that make 100G's a year and after checking YTD income on my paystub ($42,000) today, pay day, I should be on pace to do it again.
The psychology, falseness, self-concern, and almost borderline personality disorder displayed in this paragraph means I will leave it alone. I don't want you to hurt yourself or anyone.
Hey you know what if I come up short and only make $90,000 because things are hard right now, I won't run from hard times I'll go ahead and accept my $10,000 pay decrease and take it like a man.
Ok, good. I am failing to see why you are saying all of these things.For one, you are lying about your pay again. Shame on you. Two, what's the reasoning behind saying all of this? Oh I know, you are attempting to:
1.) downplay what has been said to you
2.) make light of the fact that you are lying
3.) let me know you drink corona (yes, it is spelled with an o, not an a. but yes, a good beer nonetheless, Belgian beer is better though ever been there?)
Come on, rip on me again. Talk about how this is my only real job ever, i love slushies and red bull. Call me a cheerleader whatever you want cause I know it is coming. That's ok though cause you all know with this job you must have thick skin so I think I'm going to be ok.
Son, in LIFE you need to have thick skin. At quicken you just need blinders. I do not rip on you, anything I have said that may have offended you was brought on by your words. And, I am sorry if I did offend you.
Why would I get on here and lie about the stuff I am saying like you all think I am? I agree with you on some things; quicken is not the #1 company to work for, it is probably not a career job, if you have a family and you are not successful or have a jack a** boss (didn't swear just for u :). But the job does work for me, why do you all find it so hard to accept that there are people who do good and make a good living at quicken?
Ok, no one said that no one makes a good living at quicken. Many people make good money at quicken. Actually, the best jobs at quicken are in IT, not in sales. That is the cream of the crop in IT hook ups. But anyways, the reason you would get on here is the reason other quicken employees get on here: they are curious, so they read. They are bought in, so they get angry. They are sold on quicken, so they defend it. The problem (to me) is, no one has brought about a true, real, and solid defense of quicken. No one.
Again I understand why many of you are frustrated trust me I have been there. I just do not think Quicken is evil like you attempt to make them appear. At the end of the day, I really do not care if quicken loses the lawsuit. Good for you guys if you get money because it will not be coming out of my pocket. I just think it's crazy to say you expected overtime unless the recruiter lied their a** off to you when you were hired, if they did I would be VERY pissed also.
Quicken is not necessarily evil. You are right. Quicken is: un accountable, amoral, uses churn and burn hiring processes, pays out the absolute minimum to keep a breathing, living thing at the amount of cubicles it deems necessary, and does not live by its isms, or by typical financial institution ethics, and does everything it can to make light of these errors and safe face in the public eye.
I'm not joining the suit
You can't, according to you, you do not have to work overtime remember? Thanks for truth, even if it is a backdoor way of telling it you devil you.
but if Quicken is found guilty (my personal opinion is they won't) by a judge then they should have to pay up.
Umm if found guilty by a judge, anyone HAS to pay up. It is the law. Also, they will lose and what is your opinion based on? The legal precedent has already been set, a few cases have already been one won on the exact same grounds, and quicken has no defense. Sorry, all of that adds up to: lose.
I really do not think you guys are burger flippers I just love seeing everyone on here get all worked up, that is why I come to the site it is entertaining.
If you do not really think it, then why type it? I will tell you why. You did so out of anger. Anger at yourself. Anger that this stupid thing you believe in and trust, is being discredited and exposed as false. This is why your mind reverted to using the things you were taught at quicken: burger flippers, mortgage hut (I still have never seen an actual mortgage hut, by the way), and so on If it was all for just entertainment, you would not continue attempt to prove that you make 100k a year. If it was for fun you would not say “on my YTD it says $42000 really? A rounded even number for a YTD you must be the only guy in the country.
Like I said in the last post a lot of you appear to be very smart. I think the length you go to make quicken look bad is crazy but again if I already admit that quicken will not be a career job (it is very stressful even if you are well paid)
Smarts is not the issue. I can 'appear' smart to anyone. I will tell you know, honestly, I am not that smart. Afterall, I did fall for quicken and bought into its little den of inequity for about a year.
Now, you are on to something here. Do me a favor, make a list of 50 reasons why it is stressful (according to YOU, not to this site, not to quicken, not your director Y-O-U). I will show you something interesting if you do this. Trust me.
I'm not going to be here forever so if want to keep at this then keep at it. It is not affecting my business right now and that is all that matters to me.
You need to change gears in life if your business at quicken is all that matters to you.
I'm not going to sit here and write personal attacks at any of you for my entertainment any more.
That's nice, but if you want to, just try being original next time.
You are right that is childish. 2 out of 3 quicken locations are probably 1 and 2 worst places in the country so I'm lucky to have a job making good money and if you guys were able to find good jobs then you are lucky also.
Again you are on to something, why do you think quicken builds offices where it builds them? Why?
If you would like to continue to debate things then I'm down but I'm not going to keep on the personal attack route because that is very counter-productive for everyone on here.
This is true, and we can't continue to debate. Because no debate has been initiated. Lets start with your 50 stressful reasons do not think about it, just start writing. Don't thing about what anyone would say, seriously, just write it out. Post it. And I will show you something about quicken.
Thank you theTruth for opening up and explaining yourself in a more normal and respectable manner. I look forward to expanding our discussion.
Submitted: 6/7/2008 8:04:18 AM
Modified: 6/7/2008 8:14:35 AM
Can't Remember
St Louis, MissouriU.S.A.
The Truth.....hurts
Wow, I have not been on this sight in a long time and it seems the mud is still slinging. To TheTruth: I do not work for Quicken but a very close friend does. They do not work in sales but they are feeling the pressure of the market in their salary. To say that you are making a 6 figure income just doesn't seem likely. Also, I would hope that your superiors never discover that you are posting what you are posting to this sight. I would say you would be let go immediately (not because of Quicken ethics or lack their of) but because ANY company would terminate an employee for representing their company in the negative fashion that you have chosen. I would stop posting immediately if I were you because if you are as successful as you claim to be you won't be for long if it is discovered that you used such foul language when 'defending' your company. And if the economy is as bad as I hear it is in Michigan you won't be finding a well paying job any time soon if you are let go. MALACHI: Why do you even waste your energy? I believe you hit the nail on the head. THETRUTH is obviously very young and still a little immature. Would you argue with a 10 year old child?
I will say this again as I have said in the past. It is sad that this group of employees are treated the way they are but there are areas of the company (again, just information that has been passed to me, I cannot confirm or deny) where employees are treated with nothing but respect. They go in, they work hard and they are congradulated when a job is done well. Most of the people in other areas of this company are much older with families they are supporting. I think it would be very selfish for some ex-employees to want to bring a company that supports so many to their knees just because they do not agree with some of the ethics of the company. That is what this lawsuit is for, isn't it? There would be a lot of people, who actually enjoy what they do, out of work with mortgages and college educations to pay for. In a sense, would you be any better of a person than you say 'Danny G' is if you were the cause of this? Speak your mind, you are entitled, but just remember that your words will not only hurt the executives of this company, it will also hurt the people who depend on the income that the company provides to them. I remember reading somewhere a few months ago about there possibly being a union? What ever became of that?
hmmmm....
Give me a few days and I will respond to the recent posts. I agree with somethings said and some of it again is way off base. It is nice and sunny in the streets of michigan today so I am going to enjoy it, cause I'm sure in 2 or 3 days it will be raining or back down to 45 out. Malachi or however you spell it, I will actually put a real thought out response to your post early next week. Normally I crank these responses off in a minute or less. So yes there are typos when fly through something typing as fast as you can. For instance corona, if you are a dude and can not spell this then u lose your man card. To the dude above me, try to be original and and not just agree with what someone else says. You will not warrant a response.
GO TIGERS!!
will say this again as I have said in the past. It is sad that this group of employees are treated the way they are but there are areas of the company (again, just information that has been passed to me, I cannot confirm or deny) where employees are treated with nothing but respect. They go in, they work hard and they are congradulated when a job is done well. Most of the people in other areas of this company are much older with families they are supporting.
I think it would be very selfish for some ex-employees to want to bring a company that supports so many to their knees just because they do not agree with some of the ethics of the company. That is what this lawsuit is for, isn't it? There would be a lot of people, who actually enjoy what they do, out of work with mortgages and college educations to pay for. In a sense, would you be any better of a person than you say 'Danny G' is if you were the cause of this?
Although I do agree with this statement and think you are spot on except for the part about the lawsuit. I believe the lawsuit is about a bunch of lawyers trying to make money and hoping that the company will settle and cut a big check to make everything go away. How is it possible that you would only get paid $10,000 if you were a banker working with the company and Quicken truly owed all past and current employees money for overtime? The math on this doesn't seem to add up? If they were guilty shouldn't you be paid for every hour you worked over 40? These lawyers are trying to make money and are using a really old law on the books to interpret it the way that will benefit them most.
If they are going after a couple hundred different companies and soliciting workers that have not asked to be part of this lawsuit, how are they representing the people? If I wanted their help I would ask. Why would they need to try to get as many people signed up as possible even if these other bankers have not contacted them? It is simple they are aware that there is power in numbers and if they get enough people Quicken will seem guilty. If it was truly about Quicken breaking the laws, do they really need as many people as possible? No, the facts would speak for themselves.
I will admit that I am very uneducated when it comes to the legal process and how things work but this doesn't make sense to me. If I am told that I am salary paid and will receive extra income for production/sales then how is Quicken or any other sales job or job that pays someone a salary obligated to pay overtime? If I work for GM and I am paid a salary of $90,000 per year even if I work more then 40 hours per week I will not be paid additional money. I have always understood when you are paid per hour a place is required to pay you overtime but when you are salary paid you get the same no matter how much or how little you work. If I am missing something on this plz let me know but it seems pretty basic for the way people are paid across the country and trust me I go over income and how people are paid a lot every single day.
Malachi, again sorry if that is wrong, look for my response to your post in a couple days until then GO TIGERS oh wait they are 10 games under .500 and bonderman is done for the year. No wonder I have so much time to be on this site!!!!!
To St. Louis
I appreciate your view point.
I do feel for the employees and families that work for Quicken in non telemarketing positions. But to let an immoral company who operates by its own rules is not right. But from my understanding, Quicken is playing games with those folks too.
We can not just sit by and watch a company abuse the public and its employees out of fear that some will lose their jobs. Just like anyone else who leaves Quicken, they always find something better. Also, how many families suffered when Cracken fired half the telemarketing force with little or no notice? By exposing this, maybe they will be forced to at least let the people who worked hard, 12-15 hour days, have a chance to hold on to their homes, cars, etc.. by getting unemployment till they find legitimate employment (Quicken is NOT legitimate employment).
My point is, when something terribly wrong and immoral is going on, the worst thing to do is ignore!
Submitted: 6/10/2008 2:08:45 AM
Modified: 6/10/2008 6:51:32 AMCan't Remember
St Louis, MissouriU.S.A.
Response to Steven
I agree that companies should not be permitted to do what this company has allegedly(sp?) done. Is this something that just happens in sales or does it happen company-wide? My other question, and this is not meant to come across as sarcastic, is what is anyone doing about it other than coming here to let off steam? I do remember reading the rally cries last summer and then there was an article in the local paper that did not come off the way it was supposed to. It seems at that time the commotion died down.
With regard to the others in the company that aren't having these same issues, what does become of them if the company decides to close its doors? I know that my friend actually looked for other employment for fear that they may soon be out of a job and the pickings were slim. The companies they interviewed with paid 1/2 the salary they make at Quicken and offered other benefits that didn't even compare. If there were a wide variety of other opportunities it would be easier to make the decision to leave but from what I've read about Michigan there really aren't many employment choices out there. It seems you would have to pick the lesser of two evils?
Coming off my last statement, it seems like there are many ex-employees who state they found fantasic employment with other companies once they had left (or were removed from) Quicken. How about letting others know where they can look to possibly find a job? Maybe offer up some good lead sources to help those out who are still actively looking for other employement (those who are no longer with Quicken and those who are still there but would like to leave)? Wouldn't it be better to take a more pro-active route? I hope things work out for everyone. With the economy the way it is it makes a bad situation that much worse.
I used to work for Quicken Loans
I earned about 30-40k per year...
I work with a large bank now and my YTD is just shy of 100k... When people say they make money at Quicken all i want to do is look at their W2. What they do is earn 10k one month, then 3k the next 2 months. Then they think, 'I make 10k a month, that is 120k per year. Wow, I make 6 figures.' Then they get their W2 that says 50k and realize they don't.
I work less than I did at Quicken, I stress less, and I earn more.
Everyone needs to realize that you can't argue with a current employee, for him to deny his own company he would be denying himself. Wait til he has left and worked somewhere else for 30 days and then he will think, 'wow, that place sucked'
Everyone I know says that.
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