As of January 01, 2025, the average annual salary for a Credit & Collections Representative, Entry in the United States is $44,790. According to Salary.com, salaries can range from a low of $34,474 to a high of $56,444, with most professionals earning between $39,390 and $50,890.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $50,890 | $4,241 | $979 | $24 |
| Average | $44,790 | $3,733 | $861 | $22 |
| 25th Percentile | $39,390 | $3,283 | $758 | $19 |
An entry-level Credit & Collections Representative, Entry with less than 1 year of experience earns about $43,045. With 1-2 years of experience, the average salary increases to $46,393. For 2-4 years of experience, the pay typically rises to $48,578. Senior-level professionals with 5-8 years of experience earn around $49,124, and those with over 8 years of experience can expect an average of $49,397.
| Levels | Salary |
|---|---|
| Entry Level Credit & Collections Representative, Entry | $43,045 |
| Intermediate Level Credit & Collections Representative, Entry | $46,393 |
| Senior Level Credit & Collections Representative, Entry | $48,578 |
| Specialist Level Credit & Collections Representative, Entry | $49,124 |
| Expert Level Credit & Collections Representative, Entry | $49,397 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 8% |
| Top Level | 10% |
| Experienced | 10% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Credit & Collections Representative, Entry compensation over the past six years. For example, the median salary increased from $38,104 in 2023 to approximately $38,600 in 2024. (For a detailed analysis of Credit & Collections Representative, Entry salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Credit & Collections Representative, Entry information for you to search for. Click on search button below to see Credit & Collections Representative, Entry job openings or enter a new job title here.
Here are companies hiring for Credit & Collections Representative, Entry and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $44,790 | 65.8% | ||
| Bonus | $600 | 0.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $3,472 | 5.1% | ||
| 401K/403B | $1,906 | 2.8% | ||
| Disability | $908 | 1.3% | ||
| Healthcare | $8,352 | 12.3% | ||
| Pension | $2,451 | 3.6% | ||
| Time Off | $5,586 | 8.2% | ||
| Total Compensation | $68,066 | 100% | ||
The average annual salary of Credit & Collections Representative, Entry is $44,790. In case you are finding an easy salary calculator, the average hourly pay of Credit & Collections Representative, Entry is $22; the average weekly pay of Credit & Collections Representative, Entry is $861; the average monthly pay of Credit & Collections Representative, Entry is $3,733.
A Credit & Collections Representative, Entry's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Credit & Collections Representative, Entry earns the most in San Jose, CA, where the annual salary of a Credit & Collections Representative, Entry is $56,190.
The highest pay for Credit & Collections Representative, Entry is $56,444.
The lowest pay for Credit & Collections Representative, Entry is $34,474.
The Credit & Collections Representative, Entry reviews and verifies overdue accounts. Collects and maintains accurate credit information. Being an Credit & Collections Representative, Entry requires a high school diploma. Contacts customers to confirm outstanding payments and renews credit information to help minimize outstanding debts. In addition, Credit & Collections Representative, Entry typically reports to a manager. Being an Credit & Collections Representative, Entry works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.
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