Preferred Credit Salary

Preferred Credit Salary

How Much Does Preferred Credit Pay for employees?

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average hourly salary for employees at Preferred Credit in the United States is $41. This translates to an approximate annual wage of $85,602. Salaries at Preferred Credit typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company. Preferred Credit’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Preferred Credit Pay for Different Roles?

The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.

Digital Services Specialist

$17 / hour

Salary Range: $15 - $19

Security Services

Contact Center Agent

$42 / hour

Salary Range: $36 - $48

Sales

Fraud and Security Specialist

$44 / hour

Salary Range: $38 - $51

Security Services

Digital Support Agent

$34 / hour

Salary Range: $30 - $38

Construction

Business Anaylst

$66 / hour

Salary Range: $55 - $75

Library

Digital Banking Agent

$34 / hour

Salary Range: $30 - $38

Construction

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Preferred Credit.
Loading results...

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.
Commented in April 04, 2025
50
3
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...
Commented in October 19, 2024
30
0
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...
Commented in March 07, 2024
22
1

How Preferred Credit's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Preferred Credit’s pay competitiveness. Click on a company for a deeper dive.

Is Preferred Credit’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Credit’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Preferred Credit
Financial Services
PMR LOANS
PACIFIC MORTGAGE NETWORK
Industry Comparison
Our data shows that, on average, compensation at Preferred Credit is below the average for the U.S. Financial Services industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Preferred Credit average annual salary with several similar companies. Preferred Credit average salary of $85,602 is lower than PMR LOANS, which has an average salary of $93,206. It is lower than PACIFIC MORTGAGE NETWORK, with their average salary at $96,163. This places Preferred Credit in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

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 salary range for most roles at Preferred Credit is approximately from $36 to $47 per hour. 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: Why might an individual's actual salary at Preferred Credit differ from the ranges shown here?
An individual's actual salary at Preferred Credit can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning