Credit / Collections Director Salary

Collections Directors in the United States can look forward to a sizeable six-figure salary — around $98K per year on average. Location is the biggest factor affecting pay for this group, followed by career duration. For the most part, Collections Directors enjoy their work and report high levels of job satisfaction. Most Collections Directors survey respondents are men (73 percent). Nearly all report receiving medical coverage from their employers and almost all collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.

$60,624 - $134,536

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
$60,624 - $134,536  
$4,814 - $29,761  
Profit Sharing
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
$60,875 - $154,912  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 180
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Job Description for Credit / Collections Director

As the available avenues of credit continue to expand, it becomes all the more important for credit-issuing businesses to make smarter and more informed choices when determining applicants' eligibility and credit-worthiness, as it remains important to ensure that those who draw credit repay their debts in a timely fashion. This is why such businesses have departments dedicated primarily to credit and collections, and credit/collections directors are the individuals tasked with coordinating these duties.


Credit / Collections Director Tasks

  • Direct team to meet collection goals, and measure and report the team’s collection rates.
  • Work with third party agencies such as banks and law firms to resolve debt.
  • Set up debt payment plans and work with customers to help them pay off their debt.
  • Lead a credit collections team, supervise employees, and participate in hiring and disciplinary decisions.
  • Locate delinquent borrowers and notify them of their debts.

Credit / Collections Director Job Listings

Search for more jobs:

Popular Skills for Credit / Collections Director

Collections Directors report a focused set of job skills. Those who have experience with Credit Control, Collections, and Financial Analysis can expect to be compensated well for these skills. Most people skilled in Collections are similarly competent in Financial Analysis.

Credit / Collections Director Reviews

What is it like working as a Credit / Collections Director?

Credit / Collections Director in Cincinnati:
"The Management."
Pros: Love what I do, love the firm I work for, love the people I work with.
Cons: The stress, the size of the firm, the lack of raises.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

Experience Affects Credit / Collections Director Salaries

National Average

up arrow 17%

Skills That Affect Credit / Collections Director Salaries

Credit Control
up arrow 3%

up arrow 2%

Financial Analysis
up arrow 1%

National Average

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.


27 %
73 %

Years of Experience

1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 90%
vision benefits Vision: 69% employee benefits None: 4%