Only if you are a recent college grad w no other offers - Credit Manager Wells Fargo Employee Review

3.0
Aug 1, 2009
Recommend
CEO approval
Business Outlook

Pros

I do believe there is room for growth within Wells Fargo Financial. Don't be mistaken though, Financial is a different company than the Wells Fargo Bank, so you better want to move up in the sales world. It is a good experience for recent college grads.

Cons

After a year of working there, it gets old- every day is the same. This is SALES, which means unrealistic goals, NO BONUSES, and pushing things on people you would NEVER yourself sign up for. 28% auto loan?? No thanks. You harass people on the phone to get then to come in. That's right. It is a glorified telemarketer (although I have heard they make much more). These people are sometimes called every week, and you are expected to call them several times a day until they agree to come in. What is funny is they require a college degree to work here, but it is a joke. This job requires no intelligence. I cannot believe I spend tens of thousands of dollars to be a telemarketer. Sales numbers are getting worse and worse and management keeps increasing the goals- very bad for motivation. You find yourself rolling your eyes because success here is impossible. Don't even THINK about the $3,000 bonus op every month. Nobody gets it. They mislead you in thinking you can make more money than the janitor, but the truth is, they are making just a couple thousand dollars less than you every month.

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5.0
May 4, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I loved my manager at the location

Cons

I needed to grow in my career

4.0
Dec 1, 2014
Recommend
CEO approval
Business Outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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