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

Great Culture - Employee Preferred Credit Employee Review

5.0

May 14, 2024

Employee

Recommend

CEO approval

Business Outlook

Pros

The people, the management, the pay

Cons

It's complex, a lot to learn

Preferred Credit Response

We appreciate your feedback! Thank you.

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)

Database Administrator

Collections Specialist (Spanish Bilingual)

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