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Credit and Collections Analyst I Salary in the United States

How much does a Credit and Collections Analyst I make in the United States?

As of August 01, 2026, the average salary for a Credit and Collections Analyst I in the United States is $61,196 per year, which breaks down to an hourly rate of $29.

However, a Credit and Collections Analyst I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $69,906
  • Majority Range (25th-75th percentile): $54,525 to $65,755
  • Entry-Level (10th percentile): $48,451
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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 I 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): $61,196
  • Credit and Collections Analyst II (2-4 years): $67,769
  • Credit and Collections Analyst III (4-7 years): $79,886
  • Credit and Collections Supervisor (7+ years): $74,182
  • Credit and Collections Manager (7+ years): $110,486
Job Role Years of Experience Average Salary
Credit and Collections Analyst I0-2 years$61,196
Credit and Collections Analyst II2-4 years$67,769
Credit and Collections Analyst III4-7 years$79,886
Credit and Collections Supervisor7+ years$74,182
Credit and Collections Manager7+ years$110,486
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How Do Credit and Collections Analyst Is 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 and Collections Analyst Is. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $67,756.
  • California: $67,499.
  • Massachusetts: $66,600.

Top Paying Cities for Credit and Collections Analyst I

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: $77,187
  • San Francisco: $76,341
  • Oakland: $74,733

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.
Skills Demand Percentage
Customer Service 9.98%
Diversity and Inclusion 2.15%
MRI 1.57%
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 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 $91,794
50%
Insight $80,779
32%
Time Management $66,704
9%
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Credit and Collections Analyst I Salary by Company Size: Startups vs. Enterprise

Credit and Collections Analyst I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $68,505. While startup companies pay approximate $57,954.

Credit and Collections Analyst I Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $57,954
Growth Stage 51~500 $61,293
Established 501~5000 $66,154
Enterprise 5000+ $68,505

Credit and Collections Analyst I Salary by Industry: Top Paying Sectors

For Credit and Collections Analyst I roles, the industry you choose can affect earning potential by as much as 55% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Pharmaceuticals sectors offer the strongest compensation, at 25% above the average. In contrast, Credit and Collections Analyst positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Credit and Collections Analyst I as a support function rather than a direct revenue driver.

The top paying industries for a Credit and Collections Analyst I

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$76,495$37.025%
Pharmaceuticals$73,435$35.020%
Software & Networking$73,435$35.020%
Biotechnology$70,375$34.015%
Energy & Utilities$70,375$34.015%

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 August 01, 2026
$54,525
Average $61,196/year
$65,755
$4,544
Average $5,100/month
$5,480
$1,049
Average $1,177/week
$1,265
$26
Average $29/hour
$32
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $65,755 $5,480 $1,265 $32
Average $61,196 $5,100 $1,177 $29
25th Percentile $54,525 $4,544 $1,049 $26

Credit and Collections Analyst I Salary Growth & Career Path

Credit and Collections Analyst I

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Credit and Collections Analyst I, 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.

Next Step Role Estimate Salary Projected Raise
Credit and Collections Analyst II $67,769 11%
Electronic Payment Administrator II $69,095 13%

Most common benefits for Credit and Collections Analyst I

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

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. Where can a Credit and Collections Analyst I earn the most?

A Credit and Collections Analyst I'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 and Collections Analyst I earns the most in San Jose, CA, where the annual salary of a Credit and Collections Analyst I is $77,187.

2. What is the highest pay for Credit and Collections Analyst I?

The highest pay for Credit and Collections Analyst I is $69,906.

3. What is the lowest pay for Credit and Collections Analyst I?

The lowest pay for Credit and Collections Analyst I is $48,451.

4. 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.

5. What industry pays the highest salary for Credit and Collections Analyst I?

The Financial Services industry offers the highest average compensation for Credit and Collections Analyst I roles, with salaries approximately 25% above the market median.

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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