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

Preferred Credit reviews

4.0

75% would recommend to a friend

(82 total reviews)

Joe Bergstrom and Steve Windfeldt

Not enough data to show CEO approval

78% positive business outlook

Ratings by category

4.2

Culture & values

4.2

Diversity & inclusion

4.0

Senior management

3.9

Work/Life balance

3.9

Career opportunities

3.8

Compensation and benefits

Preferred Credit has an employee rating of 4.0 out of 5 stars, based on 82 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Preferred Credit employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

82 reviews

5.0

Jun 21, 2022

company review

Client service associate

Recommend

CEO approval

Business Outlook

Pros

They are willing to train you

Cons

I have no cons so far

Preferred Credit Response

2y

Thank you for providing your feedback!

3.0

May 12, 2022

Not a bad job

Client relations

Recommend

CEO approval

Business Outlook

Pros

The people are nice, and free food most days

Cons

Not considerate of personal issues, apparently my job is more important than my kids. & I feel like the pay could be a bit more

Preferred Credit Response

4y

Thank you for taking the time to share your feedback with us, we appreciate it! We value all of our current and former employees' feedback, and we are always working to improve our company. We would love your thoughts on how we can continue to improve. Please feel free to reach out to us @ humanresources@preferredcredit.com

2.0

Feb 15, 2022

Good Company, as long as you put your life on hold for them

Client operations associate

Recommend

CEO approval

Business Outlook

Pros

- good benefits - team atmosphere - annual bonus

Cons

- cannot change availability even when life events come up - required weekends - uncaring, aggressive management - will block promotions for petty reasons

Preferred Credit Response

4y

Thank you for taking the time to share your feedback with us, we appreciate it! We value all of our current and former employees' feedback, and we are always working to improve our company. We would love your thoughts on how we can continue to improve. Please feel free to reach out to us @ humanresources@preferredcredit.com

Viewing 31 - 33 of 82 Reviews

Jobs at Preferred Credit

Collections Specialist

QA Associate - Spanish Bilingual

Collections Specialist (Spanish Bilingual)

Database Administrator