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Credit & Collections Representative, Experienced Salary in the United States

How much does a Credit & Collections Representative, Experienced make in the United States?

As of August 01, 2026, the average salary for a Credit & Collections Representative, Experienced in the United States is $49,790 per year, which breaks down to an hourly rate of $24.

However, a Credit & Collections Representative, Experienced's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $61,062
  • Majority Range (25th-75th percentile): $43,790 to $55,690
  • Entry-Level (10th percentile): $38,327
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View as table View as graph 25% $43,790 10% $38,327 90% $61,062 75% $55,690 $49,790 50%(Median) Didn’t find job title? Click

Credit & Collections Representative, Experienced Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $55,690 $4,641 $1,071 $27
Average $49,790 $4,149 $958 $24
25th Percentile $43,790 $3,649 $842 $21
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Key Factors That Influence Credit & Collections Representative, Experienced Salaries

A Credit & Collections Representative, Experienced'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, Experienced Salaries?

Experience is a primary driver of a Credit & Collections Representative, Experienced'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/Past Due Collections Specialist I (0-1 years): $43,242
  • Credit & Collections Representative, Experienced (1-3 years): $49,745
  • Credit/Past Due Collections Specialist III (3-5 years): $57,154
  • Credit and Collections Operations Supervisor (5+ years): $74,182
  • Credit and Collections Operations Manager (5+ years): $110,486
Job Role Years of Experience Average Salary
Credit/Past Due Collections Specialist I0-1 years$43,242
Credit & Collections Representative, Experienced1-3 years$49,745
Credit/Past Due Collections Specialist III3-5 years$57,154
Credit and Collections Operations Supervisor5+ years$74,182
Credit and Collections Operations Manager5+ years$110,486
$43,242 Credit/Pa...
$49,745 Credit & ...
$57,154 Credit/Pa...
$74,182 Credit an...
$110,486 Credit an...
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What Am I Worth?

How Do Credit & Collections Representative, Experienced 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, Experienceds. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $55,090.
  • California: $54,890.
  • Massachusetts: $54,190.

Top Paying Cities for Credit & Collections Representative, Experienceds

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: $62,790
  • San Francisco: $62,090
  • Oakland: $60,790

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

Demanded Skills for the Role:

  • Customer Service (Mentioned in 16.62% 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.
  • Call Center (Mentioned in 2.96% Job Postings): A call centre or call center is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone.
  • Bankruptcy (Mentioned in 1.37% Job Postings): Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
See More Skills
Skills Demand Percentage
Customer Service 16.62%
Call Center 2.96%
Bankruptcy 1.37%
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, Experienced's salary.
  • Patient Care: Can increase your salary by up to 15%.
  • Collaboration: Can increase your salary by up to 8%.
  • ERP: Can increase your salary by up to 8%.
Skill Salary Salary % Increase
Patient Care
$57,259
15%
Collaboration
$53,773
8%
ERP
$53,773
8%
Microsoft Word
$53,275
7%
Initiative
$53,275
7%
Analysis
$52,777
6%
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Credit & Collections Representative, Experienced Salary by Company Size: Startups vs. Enterprise

Credit & Collections Representative, Experienced salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $55,737. While startup companies pay approximate $47,152.

Credit & Collections Representative, Experienced Salary by Company Size

Company Size Employees Average Salary
Startup1~50$47,152
Growth Stage51~500$49,869
Established501~5000$53,824
Enterprise5000+$55,737

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

For Credit & Collections Representative, Experienced roles, the industry you choose can affect earning potential by as much as 95% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Energy & Utilities sectors offer the strongest compensation, at 40% above the average. In contrast, Credit & Collections Representative, Experienced positions in Software & Networking or Hospitality & Leisure typically offer lower base pay, as these industries often view Credit & Collections Representative, Experienced as a support function rather than a direct revenue driver.

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

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$69,706$34.040%
Energy & Utilities$67,216$32.035%
Biotechnology$64,727$31.030%
Pharmaceuticals$62,238$30.025%
Insurance$59,748$29.020%

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

Understanding how a Credit & Collections Representative, Experienced'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 August 01, 2026

Credit & Collections Representative, Experienced Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Credit & Collections Representative, Experienced, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Credit & Collections Representative, Experienced Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Credit/Past Due Collections Specialist III $57,160 15%
E-Billing Supervisor $112,400 126%

Salary Trends for Credit & Collections Representative, Experienced

Salaries for a Credit & Collections Representative, Experienced can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $43,013 in 2023 to around $42,558 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Credit & Collections Representative, Experienced salary trends, .

Average Annual Salary of Credit & Collections Representative, Experienced Over Time

2022
$???
2023
$43,013
2024
$42,980
2025
$42,558
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $43,013
2024 $42,980
2025 $42,558
2026
View More
2027
View More

Most common benefits for Credit & Collections Representative, Experienced

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Credit & Collections Representative, Experienced

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

Find Your Next Credit & Collections Representative, Experienced Job

Ready to take the next step in your career? Browse thousands of current Credit & Collections Representative, Experienced job openings on our job board. Use the search bar below to find your perfect match.

United States
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FAQ about Credit & Collections Representative, Experienced

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

The Financial Services industry offers the highest average compensation for Credit & Collections Representative, Experienced roles, with salaries approximately 40% above the market median.

2. How much do credit acceptance sales reps make?

Credit & Collections Representatives typically earn between $46,090 and $58,490 annually, with a mid-salary of around $51,790. This range reflects the experience level and responsibilities associated with the role, providing a competitive compensation package within the industry.

3. What is another title for collections specialist?

Another title for a Collections Specialist is a Collections Representative. In this role, experienced professionals typically earn a salary ranging from $46,090 to $58,490, with a midpoint of $51,790. Other titles may include Collections Manager, depending on the organization and specific job responsibilities.

4. How do collection agents get paid?

Collection agents typically earn a salary that ranges from $46,090 to $58,490, with an average salary of about $51,790. They may also receive bonuses or commissions based on the amount of debt they successfully recover for creditors, which can enhance their overall earnings.

5. How much does a representative make a year?

A Credit & Collections Representative with experience typically earns between $46,090 and $58,490 annually, with a median salary of around $51,790. This range reflects the varying levels of experience and responsibilities within the role.

6. How much does a collection specialist make at One Main Financial?

The estimated total pay range for a Credit & Collections Representative at OneMain Financial is approximately $46,090 to $58,490 annually. The average base salary for this position is around $51,790 per year.

7. How much do credit representatives make?

As of the latest data, the salary for an experienced Credit & Collections Representative ranges from $46,090 to $58,490 annually, with a midpoint of $51,790. This translates to an hourly wage of approximately $22.13 to $28.09, depending on experience and specific job responsibilities.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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