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

3.0

Feb 12, 2017

Senior Funding Specialist

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great feedback from management, friendly and laid back atmosphere.

Cons

No opportunities to grow and advance once you reach a certain level.

Preferred Credit Response

9y

Thank you for your feedback! As a company, we strongly value promoting our current staff. We do post all of our open positions internally and encourage our staff to apply for these positions. There are many opportunities for staff members to advance, whether that be in their department or any department within PCI. As with any business pyramid, there does come a point where the next level has fewer positions available; therefore, fewer opportunities to advance. We are continuing to work on providing areas of growth when this does occur, and as we continue to grow the company itself, new opportunities may open up that previously had not existed.

1.0

Nov 10, 2016

Contract Processor

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Flexible schedule that works around school. VERY VERY EASY JOB.

Cons

The job becomes boring very quickly. You do the same think all day and have to listen to callers who half the time are hard to hear and not fun to work with. Makes it hard to care about the work.The pay isn't the best and benefits are a joke. They shove the values in your face but don't always abide by them.

Preferred Credit Response

9y

We appreciate your feedback, and will use this to continue developing the company and its benefits package, which we are in the process of enhancing. Thank you for taking the time to leave us a review!

3.0

Sep 1, 2016

Ok

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Fun company events, casual dress/theme days, free meals, lots of room for advancement, newly updated generous benefits, decent pay, flexible hours

Cons

Some managers only like certain people and they seem to pick and choose who gets what position and deny people who are qualified. Also work can get boring if call volume is low and you can risk getting sent home early when you want/need your full hours.

Preferred Credit Response

9y

Thank you for your feedback. We encourage our staff to apply for positions that are opened internally, and we work to ensure that the right people are matched with the right position to ensure that our employees are set up for success.

Viewing 67 - 69 of 81 Reviews

Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

Senior Product Manager