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 14 reviews)); "Great people to work with." ((in 8 reviews)); "good benefits" ((in 5 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?

"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))

What are the top reviewed Preferred Credit locations?

Saint Cloud , Arlington , Saint Paul , Las Vegas

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Preferred Credit reviews

Great but not for everyone - Anonymous employee Preferred Credit Employee Review

4.0

Jan 11, 2021

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

It is a joy to work with so many amazing people. Co-Workers are a joy and wonderful to be around. Executives have a great focus with the company.

Cons

Some of the jobs the company offer aren't for everyone. I feel it take a special kind of person to work here, especially in collections. It can be demanding. If it isn't for you, say someone quickly and see if they can find a different position better suited.

Explore other reviews about Preferred Credit

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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Great but not for everyone - Anonymous employee Preferred Credit Employee Review

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