Does Preferred Credit pay their employees well?

According to anonymously submitted Glassdoor reviews, Preferred Credit employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Preferred Credit. This rating has been stable over the past 12 months.

How satisfied are employees working at Preferred Credit?

75% of Preferred Credit employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Preferred Credit 3.9 out of 5 for work life balance, 4.2 for culture and values and 3.9 for career opportunities.

What are the top reviewed jobs at Preferred Credit?

Customer Service Representative (4) , Manager (4) , Associate (2) , CCOR (2) , Client Services (2) , Collections Specialist (2) , Contract Processor (2) , Leadership (2)

What are the pros of working at Preferred Credit according to real employee reviews?

"Great culture and employee first mindset" ((in 13 reviews)); "Great people to work with." ((in 7 reviews)); "good benefits" ((in 7 reviews)); "Great pay for student workers looking for a part time job" ((in 4 reviews)); "Care about employees, are a trustworthy, consistent and stable company" ((in 4 reviews))

What are the cons of working at Preferred Credit according to real employee reviews?

"no work life balance" ((in 3 reviews)); "Can be hard to take time off during certain busy times of the year." ((in 3 reviews))

What are the top reviewed Preferred Credit locations?

Saint Cloud , Arlington , Saint Paul , Las Vegas

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Preferred Credit reviews

CA Program - CA Program/Collections Preferred Credit Employee Review

3.0

Mar 20, 2016

Ca program/collections

Recommend

CEO approval

Business Outlook

Pros

Hours are flexible, Many opportunities to move around the company in terms of promotions

Cons

It feels like staff is underpaid, When I was there it felt like management was only in it to make money for themselves (underpay employees, lack of ethics when it came to dealing with customers) - however as I understand there is new management and this may have changed.

Explore other reviews about Preferred Credit

5.0

Oct 1, 2025

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good experience for bilingual individuals.

Cons

None that I can think of.

3.0

Sep 6, 2025

Client portfolio specialist

Recommend

CEO approval

Business Outlook

Pros

Learned new skills assisting dealers get financing for their clients purchasing households. Reviewed and provided guidance on dealers' portfolios.

Cons

At this employer, I found the organizational culture leaned toward high levels of internal conflict and miscommunication, which made it a challenging work environment. I learned a lot from that experience about the importance of clear expectations, constructive communication, and leadership that sets the tone for collaboration. That’s why I now really value workplaces where professionalism, teamwork, and mutual respect are prioritized.

Preferred Credit Response

9mo

PCI prides ourselves on being an employer of choice and we're sorry to hear that you're unhappy with your employment experience. Thank you for providing your feedback. If you wish to discuss your experience further, please contact our HR team.

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Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

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