Skip Tracer Salary
A Skip Tracer earns an average wage of $13.36 per hour. Most people with this job move on to other positions after 20 years in this field.
|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).)
|$21,025 - $48,089|
|Hourly Rate||$9.89 - $16.71|
|Total Pay (||$21,025 - $48,089|
Job Description for Skip Tracer
Skip tracers generally work on behalf of a loan company in order to locate people who have defaulted on loans. They conduct investigations using databases to search system records and find addresses, phone numbers, and other relevant information. This may also involve searching the internet, telephone directories, credit reports, and public and mailing records.Read More...
Skip tracers must make calls to attempt to reach these individuals, and may need to contact family members to determine the loaner's whereabouts. Those in this position must be highly organized and proficient with computers in order to organizing leads using internal databases, spreadsheets, and other means. Strong internet research skills and proficiency with Microsoft Word and Excel are essential, as well.
It is important for skip tracers to stay up-to-date with all laws and regulations relating to the collecting of data so their work stays fully legal at all times. It is often necessary to work weekend shifts in this position, and there may be goals of productivity which must be met. Commission may be offered depending on the employer, and strong communication skills are also important. A high school diploma is usually a minimum requirement, and some jobs require prior experience while others provide on-the-job training. (Copyright 2017 PayScale.com)
Skip Tracer Tasks
- Locate delinquent accounts and collateral through extensive searches.
- Maintain documentation of all accounts and negotiate payment terms.
Skip Tracer Job Listings
Pay by Experience Level for Skip Tracer
Pay by Experience for a Skip Tracer has a positive trend. An entry-level Skip Tracer with less than 5 years of experience can expect to earn an average total compensation of $28,000 based on 40 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Skip Tracer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $30,000 based on 17 salaries. An experienced Skip Tracer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $32,000 based on 7 salaries. A Skip Tracer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $44,000 based on 6 salaries.
Key Stats for Skip Tracer
Rated 4 out of 5
based on 10 votes.