Avg. Base Hourly Rate (USD)
The average hourly pay for a Collections Specialist is $15.77
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
- Make collection and billing calls to reduce the lost assets of a company and delinquent payments.
- Monitor and maintain assigned accounts through follow up and possibly implement alternative payment options.