As of March 01, 2025, the average annual salary for a Credit and Collections Analyst I in Memphis, TN is $58,804. According to Salary.com, salaries can range from a low of $45,336 to a high of $72,268, with most professionals earning between $51,754 and $65,852.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,279 | $5,857 | $1,352 | $34 |
| Average | $62,758 | $5,230 | $1,207 | $30 |
| 25th Percentile | $55,234 | $4,603 | $1,062 | $27 |
An entry-level Credit and Collections Analyst I with under 1 year experience makes about $57,275. With less than 2 years of experience, a mid-level Credit and Collections Analyst I makes around $58,011. After 2-4 years, the Credit and Collections Analyst I pay rises to about $59,581. Those senior Credit and Collections Analyst I with 5-8 years of experience earn roughly $59,895, and those Credit and Collections Analyst I having 8 years or more experience are expected to earn about $60,105 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit and Collections Analyst I | $57,275 |
| Intermediate Level Credit and Collections Analyst I | $58,011 |
| Senior Level Credit and Collections Analyst I | $59,581 |
| Specialist Level Credit and Collections Analyst I | $59,895 |
| Expert Level Credit and Collections Analyst I | $60,105 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 5% |
| Top Level | 5% |
| Experienced | 4% |
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Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
| Skill | Salary | Demand |
|---|---|---|
|
Packaging
|
$88,206 |
50%
|
|
Insight
|
$77,622 |
32%
|
|
Time Management
|
$64,097 |
9%
|
|
Sense Of Urgency
|
$63,509 |
8%
|
|
Verbal Communication
|
$62,921 |
7%
|
|
ERP
|
$62,921 |
7%
|
