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Hourly Wage for Credit & Collections Representative, Entry Salary in the United States

What is the highest and lowest hourly pay for Credit & Collections Representative, Entry?

As of October 01, 2026, the average hourly rate for a Credit & Collections Representative, Entry in the United States is $21, which translates to an annual salary of about $43,290.

However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:

  • Top Earners (90th percentile): $25 per hour
  • Majority Range (25th-75th percentile): $19 to $23 per hour
  • Entry-Level (10th percentile): $17 per hour
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Credit & Collections Representative, Entry Salaries

A Credit & Collections Representative, Entry's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Credit & Collections Representative, Entry Salaries?

Experience is a primary driver of a Credit & Collections Representative, Entry's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Credit & Collections Representative, Entry (0-1 years): $43,250
  • Credit/Past Due Collections Specialist II (1-3 years): $49,755
  • Credit/Past Due Collections Specialist III (3-5 years): $57,167
  • Credit and Collections Operations Supervisor (5+ years): $74,203
  • Credit and Collections Operations Manager (5+ years): $112,446
Job Role Years of Experience Average Salary
Credit & Collections Representative, Entry0-1 years$43,250
Credit/Past Due Collections Specialist II1-3 years$49,755
Credit/Past Due Collections Specialist III3-5 years$57,167
Credit and Collections Operations Supervisor5+ years$74,203
Credit and Collections Operations Manager5+ years$112,446
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How Do Credit & Collections Representative, Entry Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Credit & Collections Representative, Entries. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $47,890.
  • California: $47,790.
  • Massachusetts: $47,090.

Top Paying Cities for Credit & Collections Representative, Entries

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $54,590
  • San Francisco: $53,990
  • Oakland: $52,890

What Skills Can Increase a Credit & Collections Representative, Entry's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 7.91% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Microsoft Excel (Mentioned in 3.6% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
  • Financial Statement Analysis (Mentioned in 1.44% Job Postings): Financial statement analysis evaluates a company's performance or value through a company's balance sheet, or statement of cash flows. It is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to a monetary investment.
Skills Demand Percentage
Customer Service 7.91%
Microsoft Excel 3.6%
Financial Statement Analysis 1.44%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Credit & Collections Representative, Entry's salary.

  • Leadership Development: Can increase your salary by up to 29%.
  • Financial Analysis: Can increase your salary by up to 21%.
  • Financial Statements: Can increase your salary by up to 12%.
Skill Salary Salary % Increase
Leadership Development $55,844
29%
Financial Analysis $52,381
21%
Financial Statements $48,485
12%
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Credit & Collections Representative, Entry Salary by Company Size: Startups vs. Enterprise

Credit & Collections Representative, Entry salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $48,329. While startup companies pay approximate $40,922.

Credit & Collections Representative, Entry Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $40,922
Growth Stage 51~500 $43,270
Established 501~5000 $46,665
Enterprise 5000+ $48,329

Credit & Collections Representative, Entry Salary by Industry: Top Paying Sectors

For Credit & Collections Representative, Entry roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Pharmaceuticals sectors offer the strongest compensation, at 20% above the average. In contrast, Credit & Collections Representative, Entry positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Credit & Collections Representative, Entry as a support function rather than a direct revenue driver.

The top paying industries for a Credit & Collections Representative, Entry

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$51,948$25.020%
Pharmaceuticals$51,948$25.020%
Energy & Utilities$49,783$24.015%
Insurance$49,783$24.015%
Biotechnology$47,619$23.010%

Credit & Collections Representative, Entry Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit & Collections Representative, Entry's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$38,890
Average $43,290/year
$48,090
$3,241
Average $3,608/month
$4,008
$748
Average $833/week
$925
$19
Average $21/hour
$23
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $48,090 $4,008 $925 $23
Average $43,290 $3,608 $833 $21
25th Percentile $38,890 $3,241 $748 $19

Most common benefits for Credit & Collections Representative, Entry

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Credit & Collections Representative, Entry

Here are companies hiring for Credit & Collections Representative, Entry and their salaries, click below for more details.

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FAQ about Credit & Collections Representative, Entry

1. What industry pays the highest salary for Credit & Collections Representative, Entry?

The Aerospace & Defense industry offers the highest average compensation for Credit & Collections Representative, Entry roles, with salaries approximately 20% above the market median.

2. What is a good Entry Level salary in the US?

A good entry-level salary for a Credit & Collections Representative in the US ranges from $39,390 to $50,890 annually. The midpoint salary is approximately $44,790. This reflects a competitive compensation structure for those starting in this field, aligning with industry standards for entry-level positions.

3. How much does a collections specialist earn in the US?

A Credit & Collections Representative in the US typically earns between $39,390 and $50,890 annually, with a median salary of $44,790. This reflects a range of entry-level positions in the field, providing a competitive salary for those starting their careers in collections.

4. How much do collections get paid?

Collections representatives typically earn between $39,390 and $50,890 annually, with a median salary of around $44,790. This translates to a monthly pay range of approximately $3,283 to $4,241, depending on experience and location. Overall, the compensation can be considered competitive within the industry.

5. What is credit and collection representative?

Credit and Collections Representatives advise individuals or organizations on managing debt and acquiring loans. They explain loan requirements, help develop debt management plans, and provide guidance on financial aid packages. The salary for this role ranges from $39,390 to $50,890, with a midpoint of $44,790.

6. How much does a collections specialist earn in the US?

The estimated total pay for a Credit & Collections Representative, Entry level, ranges from $39,390 to $50,890 per year. The average salary is approximately $44,790 annually. These figures reflect the salary range based on collected data for this position in the US.

7. What are the duties of a collection rep?

Responsibilities of a Credit & Collections Representative include monitoring accounts to identify outstanding debts, investigating historical data for each debt, contacting clients about overdue payments, encouraging timely debt payments, processing payments and refunds, and resolving billing and customer credit issues. The salary for this position ranges from $39,390 to $50,890, with a midpoint of $44,790.

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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