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

4.0

Oct 16, 2014

Great Atmosphere

Client service opporations

Recommend

CEO approval

Business Outlook

Pros

Great pay, Awesome Co-workers, Super easy

Cons

The job is way too easy and you will get bored.

3.0

Jul 17, 2014

Good place to work if you are flexible with your hours and looking for a step up from min wage pay.

Contract processor

Recommend

CEO approval

Business Outlook

Pros

Starting payrate is based on education. I received good raises the 1st year, but little after that (0-2%). Good variety of job tasks and people working there. I made alot of friends that I still keep in contact with. Not much room for advancement unless someone leaves. Percentage of young co-workers if high and is a good stepping stone for college students, or professionals starting out in the finance field.

Cons

Hours stink. Building is open 8 am to midnight. Don't count on ever working a 7 to 4 or 8 to 5 M-F job. If you are older and/or someone who has a family to go home to, the young crowd can get on your nerves. Co-workers were not the cleanest people. The company really cut corners on everything ie - heat/ac, supplies, employee picnic food and prize give aways.

4.0

Mar 1, 2014

Good

Recruiter associate

Recommend

CEO approval

Business Outlook

Pros

If you are a hard worker and are willing to receive it, they are very willing to give responsibility.

Cons

The pay is low, but the experience is priceless.

Viewing 79 - 81 of 81 Reviews

Jobs at Preferred Credit

Collections Specialist (Spanish Bilingual)

Senior Product Manager