Avg. Base Salary (USD)
The average salary for a Credit Manager is $77,497 in 2023
What is the Pay by Experience Level for Credit Managers?
A mid-career Credit Manager with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $75,000 based on 5 salaries. An experienced Credit Manager with 10-19 years of experience earns an average total compensation of $93,500 based on 6 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
FAQs About Credit Managers
What is the highest pay for Credit Managers in Houston?
Our data indicates that the highest pay for a Credit Manager in Houston is $125k / year
What is the lowest pay for Credit Managers in Houston?
Our data indicates that the lowest pay for a Credit Manager in Houston is $55k / year
How can Credit Managers increase their salary?
Increasing your pay as a Credit Manager is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Credit Manager that oversees more junior Credit Managers, this experience can increase the likelihood to earn more.