Preferred Credit treats their customers lousy! I have been with almost 2 years and never missed payment and have always paid my bill time. I switched banks to a credit union and they did not give me a correct account number. 15 payments came back and all but Preferred credit cleared my credit history! The issue was NOT my fault and yet the company would not work with me.
If you value your credit history, DO NOT use preferred credit. Miss one payment, and it does not matter why, they WILL NOT ever take it off of your credit! DO NOT even get involved with them. They suck and do not care about the customer, only about their RULES! Profit before people is always a mistake for a company to make. This company will fall, and when it does, I will be cheering!
Never in my life have I had a company this hard headed and UNWILLING to work with a customer, even if it is a first time bank mistake in two years!
DO NOT USE Preferred Credit. One mistake and you will pay for it for 7-10 years. They make me sick!