Toxic Management, Rampant Favouritism, and Lack of Transparency - Home Lending Specialist Unloan Employee Review

1.0
5 Apr 2025
Recommend
CEO approval
Business outlook

Pros

None that I can honestly think of...

Cons

Working at Unloan was one of the most disappointing professional experiences I’ve had. The management is self-serving, disconnected, and operates with a clear agenda of favouritism. If you're not part of the inner circle or close to leadership, you're constantly at risk — regardless of your performance. It's not about what you do, it's about who you know. There’s a toxic pattern of placing people on performance improvement plans (PIPs) as a cover to force them out, often without fair warning or support. It creates an environment of fear, where people are walking on eggshells rather than doing their best work. What’s worse — leadership has been actively encouraging people from outside the company, including from other lenders, to post fake positive reviews on Glassdoor in an effort to clean up their public image. That says everything you need to know about their priorities. Transparency is virtually non-existent, and communication from management is either vague or misleading. There is no psychological safety here — just politics, posturing, and poor leadership.

Explore other reviews about Unloan

1.0
25 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Hybrid model and felxibility on in office days

Cons

Entire senior management is toxic, they only take care of each other and blaming others for their failures, they also make you take on additional work outside of your job scope saying its for career devlopment rather than promote someone. Overall management is toxic and bunch of liars i would not work here

3
3.0
17 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Hire some great people who know their area well

Cons

Strategy driven by the CBA leadership, CEO makes sweeping decisions that may not actually benefit customers, Lots of rigid processes and things move slowly due to control by legacy tech. Bonus is generous but unachievable, even if you perform it only goes to the 'preferred' individuals as they have a limit

2
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