Avg. Base Salary (USD)
The average salary for a Credit Manager is $61,042
What is the Pay by Experience Level for Credit Managers?
An early career Credit Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $60,000 based on 5 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of $0 based on 5 salaries. In their late career (20 years and …Read more
What Do Credit Managers Do?
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 …Read more