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 6 reviews)); "Flexible Scheduling and great Opportunities" ((in 5 reviews)); "Great pay for student workers looking for a part time job" ((in 5 reviews))

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

Collections Specialist/Customer Service - Anonymous employee Preferred Credit Employee Review

2.0

Nov 1, 2018

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Scheduling with college - fairly flexible with classes when given enough notice

Cons

Supervisors- very poor interaction skills with the supervisors. Policies - redundant policies where you have no interaction with the client provided you're on the bottom floor. PTO - 2 days PTO as part time is laughable and not even worth mentioning. Not much better as full time. Wages - far lower than competitors within the same area. Minimal career opportunities - while you can advance, they typically add a whopping 50 cents per hour for advancing.

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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

Database Administrator

Client Solutions Associate (Spanish Bilingual)

Collections Specialist (Spanish Bilingual)

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Collections Specialist/Customer Service - Anonymous employee Preferred Credit Employee Review

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