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

Preferred Credit reviews

4.0

75% would recommend to a friend

(81 total reviews)

Joe Bergstrom and Steve Windfeldt

Not enough data to show CEO approval

78% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Preferred Credit has an employee rating of 4.0 out of 5 stars, based on 81 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Preferred Credit employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

81 reviews

1.0

Jan 27, 2022

Greed

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great teamwork, nice break room,

Cons

Family owned company that promotes and compensates blood, not merit.

Preferred Credit Response

4y

We are very sorry to hear this about your experience at PCI. We value all of our current and former employees' feedback so we would be happy to learn more about what specifically it was that was not positive during your time here and how we can improve. Please feel free to contact HR to discuss anytime at humanresources@preferredcredit.com. We wish you the best!

3.0

Jan 24, 2022

Good

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

Great atmosphere, clean workplace, benefits

Cons

Not flexible, micromanaging, pay is not well

Preferred Credit Response

4y

Thank you for taking the time to leave this review. We are working hard to build and sustain a great culture at PCI, and we're glad to see you found value in areas like Benefits and Atmosphere. We value all of our current and former employees' feedback and would be happy to hear more about the less positive experiences you had during your time at PCI. Please feel free to reach out to our HR team @ humanresources@preferredcredit.com anytime to discuss further.

5.0

Dec 4, 2021

Trainer

Customer service/trainer

Recommend

CEO approval

Business Outlook

Pros

Management is incredible, culture is inclusive, feels like family

Cons

Can be hectic work environment depending in car volume, but that’s to be expected

Viewing 34 - 36 of 81 Reviews

Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

Senior Product Manager