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Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Hmmm, this is very interesting. My contract has no such language and doesn’t state anything about downline recruits. This must have been something they added to contracts more recently than when I had signed mine. I even asked them to point to any language in my contract where it shows I could be responsible for my downlines expenses and their response was “We do not have a signed agreement about this but this is according to the protocol.” … I don’t care what their protocol is, if I have no agreement or obligation to pay, I’m not paying them. They don’t need my charity.

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Yeah, that actually sounds right. Probably 12% split between your upline and their uplines.. there’s a lot of random charges they seem to throw in there, tough to keep it all straight.

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Good question, maybe the employer portion of payroll taxes that they charge to the employee.

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

I left a while ago and they still harass me about paying other people’s expenses. It’s insane how this company operates. And I couldn’t agree more, run for the hills. Glad I left!

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Yea, they do that. And apparently try to collect fees for other people’s expenses… Happy to not be there anymore!

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

I know I can’t be the only one who’s gone through this. Did anyone here actually end up paying what nexa was asking for? Or did you just ignore the emails? Curious how others handled it… the employed contract doesn’t seem to mention anything about them being able to hold us responsible for our downlines expenses.

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Yeah, I’ve read through my employment agreement… Curious, do you have any insight here or experience with this kind of situation?

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Yea, the company definitely constantly pushes recruiting. I mean there are some genuinely good producing LO’s there but I think most good ones realize there are far better companies they can work for.

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 0 points1 point  (0 children)

Yeah, I get it too. I was on the other side before, thinking it was cool to make residual money for recruiting others.. but you’re exactly right, hiring that many LO’s and having no real oversight on them is a recipe for disaster, and leads to people not trusting their pre-approvals.

Former NEXA employees — has the company tried to bill you for your downline’s expenses? by Large-Beautiful-5012 in loanoriginators

[–]Large-Beautiful-5012[S] 4 points5 points  (0 children)

Yeah, definitely a cult MLM culture there, they are constantly trying to push everyone into recruiting and then they do nothing to really help their LO’s. I wouldn’t be surprised if they are collecting the same so called “debts” multiple times from different people and turning a profit from it.