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

Skip to content Skip to footer

Notifications

Preferred Credit

Preferred Credit reviews

CA Program - CA Program/Collections Preferred Credit Employee Review

3.0

Mar 20, 2016

Ca program/collections

Recommend

CEO approval

Business Outlook

Pros

Hours are flexible, Many opportunities to move around the company in terms of promotions

Cons

It feels like staff is underpaid, When I was there it felt like management was only in it to make money for themselves (underpay employees, lack of ethics when it came to dealing with customers) - however as I understand there is new management and this may have changed.

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

See reviews by: Helpful|Rating|Date|All

Jobs at Preferred Credit

Collections Specialist

Collections Specialist (Spanish Bilingual)

Preferred Credit reviews FAQs

Preferred Credit reviews Preferred Credit CA Program/Collections reviews Preferred Credit review

Preferred Credit

CA Program - CA Program/Collections Preferred Credit Employee Review

Explore other reviews about Preferred Credit

Jobs at Preferred Credit

Preferred Credit reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Jobs at Preferred Credit

Preferred Credit reviews FAQs