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

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

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.

5.0

Jun 25, 2022

Amazing culture

Manager

Recommend

CEO approval

Business Outlook

Pros

Welcoming culture with an inspiring atmosphere. Clear guidelines and expectations. Involved Executive team that empowers all to drive towards excellence.

Cons

Flexibility with schedule, can be made to feel guilty if need to adjust for work life balance.

Preferred Credit Response

2y

Thank you for providing your feedback!

4.0

May 24, 2017

General Review

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The CEO has a great vision and value for the people in the company. In addition, he strives to increase the opportunities for growth and personal/professional development

Cons

Middle management serves as a blockade to realizing the Pros if they have a personal agenda and fail to live up to the pillars of trust. They micromanage and lie about purposes for changes rather than being honest. Changes made without input or collaboration of the stakeholders.

Viewing 79 - 81 of 81 Reviews

Jobs at Preferred Credit

Senior Product Manager

Collections Specialist (Spanish Bilingual)