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 8 reviews)); "good benefits" ((in 7 reviews)); "Great pay for student workers looking for a part time job" ((in 5 reviews)); "• Discretionary Bonus" ((in 4 reviews))

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

"no work life balance" ((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

Company ratings over time

Ratings trend for the last 6 months (81 reviews)

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

2.0

Feb 15, 2022

Good Company, as long as you put your life on hold for them

Client operations associate

Recommend

CEO approval

Business Outlook

Pros

- good benefits - team atmosphere - annual bonus

Cons

- cannot change availability even when life events come up - required weekends - uncaring, aggressive management - will block promotions for petty reasons

Preferred Credit Response

4y

Thank you for taking the time to share your feedback with us, we appreciate it! We value all of our current and former employees' feedback, and we are always working to improve our company. We would love your thoughts on how we can continue to improve. Please feel free to reach out to us @ humanresources@preferredcredit.com

1.0

Feb 3, 2022

Plagued by Office Politics and Stunted Career Advancement

Client services

Recommend

CEO approval

Business Outlook

Pros

Great co-workers that you work direct with/on the same level.

Cons

Micromanagement and a lot of office politics. Favoritism is one of the only ways to advance in a career.

Preferred Credit Response

4y

Thank you for taking the time to share your feedback with us, we appreciate it! We value all of our current and former employees' feedback, and we are always working to improve our company. We would love your thoughts on how we can continue to improve. Please feel free to reach out to us @ humanresources@preferredcredit.com

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.

Viewing 34 - 36 of 81 Reviews

Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

Senior Product Manager