Preferred Credit Salary

As of May 2026, the average annual salary for employees at Preferred Credit in the United States is $85,602. This translates to an approximate hourly wage of $41. Salaries at Preferred Credit typically range from $75,059 to $97,172 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Preferred Credit Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Credit. Based on our data, the highest paying job is the Branch Officer, with an annual salary of $318,695. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Preferred Credit.
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About Preferred Credit: Company Profile

Website
www.preferredcredit.com
Founded In
1982
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Location
SAINT CLOUD
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About PREFERRED CREDIT
Preferred Credit was founded in 1982 to provide financing to one of the largest direct sales distributorships in the world. Since that time, Preferred Credit services have been dedicated to serving the special needs of the direct sales industry. We originated in direct sales; we understand direct sales. We strive to give our clients the best possible service as they are our first priority. Our mis

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Preferred Credit's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Thank-you notes from executives. The daily challenges of navigating dynamic markets, analyzing complex financial data, and developing innovative solutions keep me constantly engaged. Resources for continuous learning available. Colleagues are helpful and knowledgeable.
It’s a stable environment for those who prefer clear rules and steady routines rather than rapid change or innovation. Reverse mentoring keeps leaders learning. Team-oriented culture fosters strong collaboration. Career advancement is often with a preference for seniority. I've gained valuable industry insights here. Leaders explain the why behind shifts. This is a company that invests in peop...
Manager relationships are supportive, not micromanaging. They actively look for ways to help you achieve your professional financial goals. There’s minimal room for creativity or autonomy. Clients value our expertise, and employees thrive in an environment that challenges them while providing unwavering support. Employees are encouraged to take initiative and recognized for their efforts regularly...

Is Preferred Credit’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Credit's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
PMR LOANS $93,207
+8.9%
Reflects a supply-demand imbalance for the specific talent PMR LOANS targets.
PACIFIC MORTGAGE NETWORK $96,164
+12.3%
Adjusted for higher cost-of-living indices in PACIFIC MORTGAGE NETWORK's primary metro hubs.
PCMLENDING $95,671
+11.8%
Influenced by prevailing union wage agreements specific to PCMLENDING's sector.
PIONEER CREDIT $80,012
-6.5%
PIONEER CREDIT may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+42.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Saint Cloud?

Understanding the cost of living near Saint Cloud is key to truly evaluating a salary offer or your current compensation at Preferred Credit.
Saint Cloud's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 6.8% less than MN average). Central MN city (St. Cloud State), affordable housing. Metro Bus. When planning your budget based on a salary from Preferred Credit, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Preferred Credit salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Metro Bus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,100 - $3,390+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Preferred Credit

FAQ 1: What is the typical salary range (low to high) for most roles at Preferred Credit?
The typical annual salary range for most roles at Preferred Credit is approximately from $75,059 to $97,172. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: How much does Preferred Credit pay compared to PMR LOANS?
The average annual salary at Preferred Credit is $85,602, or an hourly wage of $41, in comparison to PMR LOANS which pays $93,206 per year or $45 per hour.
FAQ 3: How does experience level affect salary at Preferred Credit?
Experience level is a significant factor in determining salary at Preferred Credit, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Preferred Credit in Saint Cloud is fair given the local cost of living?
To determine if a salary offer from Preferred Credit in Saint Cloud is fair, first compare the gross salary to our data for similar roles at Preferred Credit and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saint Cloud" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Preferred Credit?
Several key factors influence salary levels at Preferred Credit. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Preferred Credit likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.