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Hourly Wage for Credit and Collections Analyst I Salary in the United States

What is the highest and lowest hourly pay for Credit and Collections Analyst I?

As of March 01, 2026, the average hourly rate for a Credit and Collections Analyst I in the United States is $29, which translates to an annual salary of about $61,191.

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): $34 per hour
  • Majority Range (25th-75th percentile): $26 to $32 per hour
  • Entry-Level (10th percentile): $23 per hour
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View as table View as graph 25% $26 10% $23 90% $34 75% $32 $29 50%(Median) Didn’t find job title? Click

Credit and Collections Analyst I Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $65,745 $5,479 $1,264 $32
Average $61,191 $5,099 $1,177 $29
25th Percentile $54,515 $4,543 $1,048 $26
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Key Factors That Influence Credit and Collections Analyst I Salaries

A Credit and Collections Analyst I'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 and Collections Analyst Salaries?

Experience is a primary driver of a Credit and Collections Analyst I'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 and Collections Analyst I (0-2 years): $61,191
  • Credit and Collections Analyst II (2-4 years): $67,756
  • Credit and Collections Analyst III (4-7 years): $79,889
  • Credit and Collections Supervisor (7+ years): $74,130
  • Credit and Collections Manager (7+ years): $110,486
Job Role Years of Experience Average Salary
Credit and Collections Analyst I0-2 years$61,191
Credit and Collections Analyst II2-4 years$67,756
Credit and Collections Analyst III4-7 years$79,889
Credit and Collections Supervisor7+ years$74,130
Credit and Collections Manager7+ years$110,486
$61,191 Credit an...
$67,756 Credit an...
$79,889 Credit an...
$74,130 Credit an...
$110,486 Credit an...
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What Am I Worth?

Top Paying Cities for Credit and Collections Analyst Is

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: $77,180
  • San Francisco: $76,421
  • Oakland: $74,726

What Skills Can Increase a Credit and Collections Analyst I's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 9.98% 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.
  • Diversity and Inclusion (Mentioned in 2.15% Job Postings): Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
  • MRI (Mentioned in 1.57% Job Postings): Magnetic resonance imaging (MRI) is a noninvasive test doctors use to diagnose medical conditions. MRI uses a powerful magnetic field, radiofrequency pulses, and a computer to produce detailed pictures of internal body structures.
See More Skills
Skills Demand Percentage
Customer Service 9.98%
Diversity and Inclusion 2.15%
MRI 1.57%
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 and Collections Analyst I's salary.
  • Packaging: Can increase your salary by up to 50%.
  • Insight: Can increase your salary by up to 32%.
  • Time Management: Can increase your salary by up to 9%.
Skill Salary Salary % Increase
Packaging
$91,787
50%
Insight
$80,772
32%
Time Management
$66,698
9%
Sense Of Urgency
$66,086
8%
Verbal Communication
$65,474
7%
ERP
$65,474
7%
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Credit and Collections Analyst I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit and Collections Analyst I'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 March 01, 2026

Most common benefits for Credit and Collections Analyst I

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Credit and Collections Analyst I

Here are companies hiring for Credit and Collections Analyst I and their salaries, click below for more details.

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FAQ about Credit and Collections Analyst I

1. What are the responsibilities of Credit and Collections Analyst I?

Analyzes credit history and information related to applications for credit and overdue/delinquent accounts. Ensures compliance with credit and collections regulations and adherence to best practices. Provides reporting on outstanding account balances, credit applications, and collection activity. Recommends terms and conditions pertaining to credit and debt repayment. Typically requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

2. What are the skills of Credit and Collections Analyst I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: 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.

2.)

Diversity and Inclusion: Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.

3.)

MRI: Magnetic resonance imaging (MRI) is a noninvasive test doctors use to diagnose medical conditions. MRI uses a powerful magnetic field, radiofrequency pulses, and a computer to produce detailed pictures of internal body structures.

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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