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

4.0

Jul 19, 2016

Good company to start in

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

As an intern I had a great introduction to office work. PCI is a relatively large company, but I liked that I got to know a lot of people really well. I think this is an advantage PCI has over a lot of larger internship programs in the cities, Other Pros: -Got to work throughout the school year (helps build a stronger resume) -GREAT management and mentorship (couldn't speak highly enough about the people I worked with) -Interns have been around a while, so they know what they are doing -PTO

Cons

-There was not a lot of resources dedicated to training interns in my department -The summer project was not as well planned/structured as it could have been -Did not receive much feedback from the reports I built for actual business operation. Would have been helpful.

Preferred Credit Response

Thank you for your valuable feedback. We use feedback like this to continue to develop strong internship programs here at PCI.

5.0

May 19, 2016

Great opportunites

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Great place to work with a fun enviroment

Cons

I did not see really any, if anything comes up that you don't feel right about, just bring it up.

3.0

Mar 20, 2016

CA Program

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.

Viewing 70 - 72 of 81 Reviews

Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

Senior Product Manager

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Good company to start in

Great opportunites

CA Program

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