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

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

Jul 1, 2022

Excellent Company that Cares

Client portfolio lead

Recommend

CEO approval

Business Outlook

Pros

This company goes above and beyond to take care of not only it's external clients but also it's employees. They demonstrate time and time again an appreciation for their staff and the efforts put forward.

Cons

I have no cons to report at this time.

Preferred Credit Response

Thanks for leaving your feedback and glad to hear you are enjoying your time at PCI.

5.0

Jun 29, 2022

Great place to work!

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Preffered credit is a company that truly cares about their employees. They often give incentives when offering optional overtime. Work life balance is possible because of the set schedules. Not to mention everyone is very helpful and friendly. If you are eager to learn, they will provide all the tools you need to succeed and move up with the company.

Cons

First week of training may seem overwhelming but, by the second week you will be glad you joined the team!

Preferred Credit Response

Thank you for leaving your feedback. We are glad you are enjoying your time at PCI

5.0

Jun 28, 2022

Work-life Balance and a Great Culture… It’s Real!

Leadership

Recommend

CEO approval

Business Outlook

Pros

I have never worked for an organization that truly lives by their Values, Vision and Mission. For PCI it’s not just words on a wall, it’s real. I also greatly appreciate the work-life balance. Sure, we are all busy and have busier times but nobody here (from the top down) will make you work around the clock. Any off-balance is due to the individual pushing themselves, not PCI.

Cons

Sometimes we may be too flexible with the rules and give a lot of chances. We bring in new team members wanting them to succeed so will train and re-train in our Operation/Support Center departments in hopes everything will work out. We have some turnover just like most companies.

Preferred Credit Response

Thank you for taking the time to provide your thorough feedback. The information is greatly valued.

Viewing 22 - 24 of 82 Reviews

Jobs at Preferred Credit

Collections Specialist

Client Solutions Associate (Spanish Bilingual)

Database Administrator

Collections Specialist (Spanish Bilingual)

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Preferred Credit

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Reviews by job title

Excellent Company that Cares

Great place to work!

Work-life Balance and a Great Culture… It’s Real!

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