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)); "Flexible Scheduling and great Opportunities" ((in 5 reviews)); "Great benefits and company events" ((in 5 reviews)); "• Discretionary Bonus" ((in 4 reviews))

What are the cons of working at Preferred Credit according to real employee reviews?

"Hourly pay is a little lower than average and its hard to get a raise." ((in 4 reviews)); "Some managers have ended up in leadership positions just because they have been with the company for a long time, not based on leadership ability" ((in 3 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 reviews

General Review - Anonymous employee Preferred Credit Employee Review

4.0

May 24, 2017

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.

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5.0

Oct 1, 2025

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good experience for bilingual individuals.

Cons

None that I can think of.

2.0

Jul 8, 2026

Payables specialist

Recommend

CEO approval

Business Outlook

Pros

Decent place to work prior to CEO change

Cons

Changes made do not coincide well with how certain departments run

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Jobs at Preferred Credit

Collections Specialist

Client Solutions Associate (Spanish Bilingual)

Collections Specialist (Spanish Bilingual)

Database Administrator

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