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

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 category

4.2

Culture & values

4.2

Diversity & inclusion

4.0

Senior management

3.9

Work/Life balance

3.9

Career opportunities

3.8

Compensation and benefits

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

81 reviews

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

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.

5.0

Aug 31, 2016

Great company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Friendly co-workers - Great on-the-job training - Great benefits and company events - Community-driven culture

Cons

- Some miscommunication between departments causes issues to become larger than they should be - When applications and/or systems are transitioned to another department to be supported, inadequate documentation or training is provided

Preferred Credit Response

We appreciate your feedback, and will use this to continue developing the company. Thank you for taking the time to leave us a review!

5.0

Aug 30, 2016

Phenomenal Company!

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

opportunities for advancement, great leadership, family-like atmosphere

Cons

while wages are competitive, they are not always comparable to other businesses in the area

Preferred Credit Response

Thank you for your review. We believe it is important to promote a positive atmosphere at PCI, and we are glad that you feel that we have been doing so!

Viewing 67 - 69 of 81 Reviews

Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

Senior Product Manager

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Ok

Great company

Phenomenal Company!

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