Credit Manager Salary (United States)

The average salary for a Credit Manager is $60,866 per year. The skills that increase pay for this job the most are Financial Analysis, People Management, and Risk Management / Risk Control.
Credit Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$39,581 - $92,162
(Median)
40K
48K
61K
75K
92K
MEDIAN: $60,865
10%
25%
50%
75%
90%
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Credit Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$13.16 - $25.39
(Median)
13
17
21
25
MEDIAN: $17.00
10%
50%
75%
90%
Add this chart to your site

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Salary
$39,581 - $92,162  
   
Bonus
$0.00 - $14,752  
Profit Sharing
$258.31 - $7,467  
Commission
$1,521 - $15,781  
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).
)
$36,081 - $97,226  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,400
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17$34$51
Hourly Rate
$13.16 - $25.39  
   
Overtime
$3.25 - $35.01  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $14,752  
   
Commission
$1,521 - $15,781  
Profit Sharing
$258.31 - $7,467  
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).
)
$36,081 - $97,226  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,400
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Years in Field/Career:
Job Description for Credit Manager
A credit manager primarily focuses on collecting money owed to their company, whether it be for some type of service or a particular product. When someone fails to pay the money that is owed, these professionals initiate legal action and potentially take part in the collection process. Further, a credit manager also plays a major role in negotiating payment options, which could include re-structuring payment plans to make them more manageable based on a party's financial capabilities. The credit manager is also responsible for tracking certain accounts and keeping a close eye on those that have gone unpaid for an extended period of time. A credit manager may have different duties depending on the size of the company in which they are employed.
Read More...
Credit Manager Tasks
  • Prepare reports with this credit information for use in decision-making.
  • Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
Read more about: Credit Analysts

Credit Manager Job Listings

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Popular Skills for Credit Manager
Pay by Experience Level for Credit Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
San Jose
up arrow 38%
Philadelphia
up arrow 37%
up arrow 29%
up arrow 29%
up arrow 26%
up arrow 25%
Baltimore
up arrow 13%
Miami
up arrow 12%
up arrow 6%
up arrow 1%
National Average
$60,000
up arrow 19%
Orlando
up arrow 22%
Salt Lake City
up arrow 30%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Credit Manager Salaries

National Average
$60,000

Skills That Affect Credit Manager Salaries

People Management
up arrow 15%
Loan Underwriting
up arrow 8%
Credit Control
up arrow 1%
National Average
$60,000
Microsoft Excel
up arrow 2%
Account Management
up arrow 13%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 376 votes.
Gender
Female
55%
female alumni
 
Male
45%
male alumni
Years of Experience
Less than 1 year
1%
1-4 years
18%
5-9 years
20%
10-19 years
32%
20 years or more
29%
Common Health Benefits
medical benefits Medical: 86% dental benefits Dental: 73%
vision benefits Vision: 57% employee benefits None: 12%
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