Douglas Rooker has been named Chief Sales Officer at Employee Loan Solutions Inc, the company behind the TrueConnect employee benefit program. Prior to joining TrueConnect, Rooker held several leadership positions including nine years as VP of Sales and Business Development at Purchasing Power in Atlanta, GA.
“ We are thrilled to have an experienced employee benefits sales leader like Doug joining our TrueConnect team,” said CEO Michael Maron. “TrueConnect has seen tremendous growth over the last two years, and is helping tens of thousands of employees to address their financial needs. Doug will be a great help expanding our growing broker network and bringing TrueConnect to more employers across the US.”
TrueConnect was recently added to the PlanSource benefits enrollment platform, which will be bringing TrueConnect to over 10,000 employers representing 3.5MM employees. Rooker leads a sales team that includes Walt Podgurski, former CEO of the Workplace Benefits Association and author of the Podguski Daily Insurance Report, a newsletter for benefits brokers.
“I am looking forward to helping propel TrueConnect forward. After looking at a number of options after my time at Purchasing Power, I realized that TrueConnect has a mission and is making an impact for employees in a way I can really get behind.“ said Doug Rooker. “It’s rewarding to introduce a program to employers and brokers that I believe in, and is providing true value to employees in need.”
TrueConnect is a voluntary employee benefit program offered at no cost or financial risk to employers. Once enrolled, employees can access a small loan from an FDIC insured federal bank up to $3000 depending on income. A credit score is not used to determine eligibility so all employees, regardless of credit history, can qualify. Loans are repaid through automatic payroll deductions over a full year term. Free credit counseling is also available to any employee taking a TrueConnect loan.
About Employee Loan Solutions, Inc. (www.employeeloansolutions.com)
Employee Loan Solutions, Inc. developed the patented TrueConnect Loan program as a voluntary employee benefit to help employees access safe and affordable credit. The TrueConnect Loan is free for employers to offer and requires very little administration. Qualified employees get access to small dollar loans (from $1000 – $3000) that are repaid through automatic payroll deductions. Employees do not need a credit history, but can only borrow what they can pay back with 8% of their paycheck to help insure a successful loan repayment. On-time payments are reported to credit bureaus so borrowers can build up their credit scores. All TrueConnect Loan borrowers get 6 free credit counseling services from LSS Financial Choice, a federally accredited credit counseling program. For more information about Employee Loan Solutions, please visit www.employeeloansolutions.com or connect with us on Facebook, Twitter and LinkedIn.