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

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).

Reviews by job title

82 reviews
5.0
Jan 9, 2019
Recommend
CEO approval
Business Outlook

Pros

The employee chooses when to be promoted and a no stress financial environment. Pay reviews are as scheduled. Company has promotional gifts to remind employees that they are valued. Refreshingly positive.

Cons

It takes about 6 months to a year to get used to the positive environment. It takes less time to get used to security environment around client's personal data.

1.0
Nov 5, 2018

They are definition of micro-management.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The only pro I can think of is there are some good people there.

Cons

PCI has a large list of values and will tell you they have a mission statement they live by but it's all just on paper. They treat everyone like they are 16 and it's their first job. The amount of micro managing is over the top. Many times it left me speechless and amazed their employees put up with the treatment. No one speaks up in meetings or goes to upper management for fear of retaliation from them. This is not a company for women. They are still governed by the good ole boy network of the St Cloud area. The benefits are below average and their HR staff does not fully understand them. When I asked about them during the negotiation of the job offer, I was lied to and mislead.

2.0
Nov 1, 2018
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.

Viewing 52 - 54 of 82 Reviews

Glassdoor has 85 Preferred Credit reviews submitted anonymously by Preferred Credit employees. Read employee reviews and ratings on Glassdoor to decide if Preferred Credit is right for you.