As of March 01, 2025, the average annual salary for a Credit/Past Due Collections Specialist I in Passaic, NJ is $51,510. Salary.com reports that pay typically ranges from $45,600 to $58,060, with most professionals earning between $40,219 and $64,023.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $58,060 | $4,838 | $1,117 | $28 |
| Average | $51,510 | $4,293 | $991 | $25 |
| 25th Percentile | $45,600 | $3,800 | $877 | $22 |
An entry-level Credit/Past Due Collections Specialist I with under 1 year experience makes about $49,557. With less than 2 years of experience, a mid-level Credit/Past Due Collections Specialist I makes around $53,398. After 2-4 years, the Credit/Past Due Collections Specialist I pay rises to about $55,901. Those senior Credit/Past Due Collections Specialist I with 5-8 years of experience earn roughly $56,527, and those Credit/Past Due Collections Specialist I having 8 years or more experience are expected to earn about $56,840 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit/Past Due Collections Specialist I | $49,557 |
| Intermediate Level Credit/Past Due Collections Specialist I | $53,398 |
| Senior Level Credit/Past Due Collections Specialist I | $55,901 |
| Specialist Level Credit/Past Due Collections Specialist I | $56,527 |
| Expert Level Credit/Past Due Collections Specialist I | $56,840 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 9% |
| Top Level | 10% |
| Experienced | 10% |
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| Skill | Salary | Demand |
|---|---|---|
|
Leadership Development
|
$66,448 |
29%
|
|
Financial Analysis
|
$62,327 |
21%
|
|
Financial Statements
|
$57,691 |
12%
|
|
Talent Acquisition
|
$57,176 |
11%
|
|
Economics
|
$57,176 |
11%
|
|
Dispute Management
|
$57,176 |
11%
|
