Quicken Loans
Managers at Quicken Loan Consultants to Take a Deposit No Matter What! Livonia, Livonia, Michigan
- 02-15-2008
- 11
I worked for Quicken Loans not too long ago. The Sales Directors would tell their subordinates to take a deposit no matter what! Even when we knew would could not get the loan approved (poor credit, collateral, etc.) the Sales Director would have us take a deposit. One may ask: Why? It's simple! They keep the deposit and refuse to refund it!
In the time I was there, I heard people take deposits on cars, mobile homes, and people with poor credit - all loans that would not be approved. The Sales Director would say: It's good to take a deposit. It gets you in the habit.
Don't give them a deposit. They'll keep it...
Company: Quicken Loans
Country: USA
State: Nationwide
Address: Victor Parkway