Entry-Level Debt Collector Salary

For Entry-Level Debt Collectors, hourly average wages total $12.69 per hour. Health benefits are not claimed by all — just under one in three lack any form of coverage — but a majority have medical insurance, and the greater part have dental, too. More than half of Entry-Level Debt Collectors (63 percent) survey participants are women. Most workers in this position report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$24,658 - $64,342
$25K
$34K
$64K
MEDIAN: $33,971
10%
50%
90%

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$10.19 - $16.40
$10
$13
$16
MEDIAN: $12.93
10%
50%
90%

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$0$64K
Salary $24,658 - $64,342
Bonus $298.82 - $12,331
Commission $817 - $16,638
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).
)
$21,981 - $42,577
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 47
Hourly Data $0$27
Hourly Rate $10.19 - $16.40
Overtime $15.84 - $27.72
Annual Data $0$42K
Bonus $298.82 - $12,331
Commission $817 - $16,638
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).
)
$21,981 - $42,577
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 228

Find Out Exactly What You Should Be Paid

United States (change)

Debt Collector Job Listings

Pay Difference by Location

National Average: $29,415

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

Minneapolis is home to an above-average pay rate for Entry-Level Debt Collectors, 8 percent higher than the national average. Entry-Level Debt Collectors will also find cushy salaries in Dallas (+4 percent). Those in the field find the lowest salaries in Buffalo, 17 percent below the national average.

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
66 %
Male
34 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 47 votes.
Less than 1 year
9%
1-4 years
79%
5-9 years
12%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Debt Collector Salaries

National Average
$29,000

Negotiation
▼1%

Collections
▼2%

bill collections
▼2%


Bilingual
▼4%

Typing
▼7%

Job Satisfaction

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

Gender

Female
66 %
Male
34 %

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 57%
vision benefits
Vision: 51%
no benefits
None: 28%
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