Entry-Level Debt Collector Salary

For Entry-Level Debt Collectors, hourly average wages total $12.70 per hour. Most workers in this position report moderate levels of job satisfaction. Not all workers are lucky enough to have benefits; in fact, slightly less than a third are without coverage. Medical insurance is claimed by more than half and dental insurance is reported by a majority. Women account for the majority of Entry-Level Debt Collectors who responded to the questionnaire — 64 percent to be exact. The information for this snapshot was generated by responses to the PayScale salary survey.

$23,718 - $64,007
$24K
$34K
$64K
MEDIAN: $34,045
10%
50%
90%

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$10.12 - $16.29
$10
$13
$16
MEDIAN: $12.70
10%
50%
90%

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$0$64K
Salary $23,718 - $64,007
Bonus $387.83 - $12,499
Commission $811 - $29,590
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).
)
$21,569 - $41,888
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 47
Hourly Data $0$26
Hourly Rate $10.12 - $16.29
Overtime $15.52 - $26.98
Annual Data $0$41K
Bonus $387.83 - $12,499
Commission $811 - $29,590
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).
)
$21,569 - $41,888
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 236

Find Out Exactly What You Should Be Paid

United States (change)

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Debt Collector Job Listings

Pay Difference by Location

National Average: $28,895

Larger city markers indicate a job is popular in that location.

For Entry-Level Debt Collectors, working in the bustling city of Minneapolis has its advantages, including an above-average pay rate. Entry-Level Debt Collectors will also find cushy salaries in Dallas (+5 percent). With compensation 17 percent below the national average, Buffalo is not known for hefty paychecks and actually represents the lowest-paying market.

Debt Collector Advice

Q: What do you wish you knew about your job when you first started out?

Debt Collector in Phoenix:
"Be persistent, be empathetic, not sympathetic."
Do the same.

Debt Collector in Thorofare:
"Listen to everyone."
Take all the information provided from your trainers, Don't be afraid to ask questions, It will only improve your position and knowledge. Use the veterans to your advantage they are there for you to lean on.

Key Stats for Debt Collector

Gender

Female
64 %
Male
36 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 47 votes.
Less than 1 year
8%
1-4 years
80%
5-9 years
12%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Debt Collector Salaries

Collections
▼0%

bill collections
▼0%

Negotiation
▼0%

National Average
$29,000


Bilingual
▼2%

Typing
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 47 votes.

Gender

Female
64 %
Male
36 %

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 57%
vision benefits
Vision: 49%
no benefits
None: 28%
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