Avg. Base Hourly Rate (USD)
The average hourly pay for a Collections Specialist is $15.49
What is the Pay by Experience Level for Collections Specialists?
An early career Collections Specialist with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $16.47 based on 836 salaries. A mid-career Collections Specialist with 5-9 years of experience earns an average total compensation of $17.87 based on 443 salaries. An experienced …Read more
What Do Collections Specialists Do?
Typically, a collections specialist is an individual that specializes in the collection of debt owed to their organization. They use a variety of means to contact individuals who have defaulted on debts and/or who have not paid past-due bills. Collections specialists usually work in a call center with other collections specialists, although they may telecommute from a remote location such as a home office.
Usually a collections specialist has some experience working in a lending or banking …Read more