Salary AI Book a Demo
upper level job

Credit and Collections Director Salary in the United States

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

As of August 01, 2026, the average salary for a Credit and Collections Director in the United States is $159,301 per year, which breaks down to an hourly rate of $77.

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

  • Top Earners (90th percentile): $177,678
  • Majority Range (25th-75th percentile): $146,509 to $168,920
  • Entry-Level (10th percentile): $134,863
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Credit and Collections Director Salaries

A Credit and Collections Director'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, education and company size can directly affect your earning potential.

How Experience Level Affects Credit and Collections Director Salaries?

Experience is a primary driver of a Credit and Collections Director'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 III (4-7 years): $79,886
  • Credit and Collections Supervisor (7+ years): $74,182
  • Credit and Collections Manager (7+ years): $110,486
  • Credit and Collections Director (7+ years): $159,301
  • VP of Credit and Collections (7+ years): $199,222
Job Role Years of Experience Average Salary
Credit and Collections Analyst III4-7 years$79,886
Credit and Collections Supervisor7+ years$74,182
Credit and Collections Manager7+ years$110,486
Credit and Collections Director7+ years$159,301
VP of Credit and Collections7+ years$199,222
View as Graph

How Do Credit and Collections Directors 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 Directors. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $176,378.
  • California: $175,709.
  • Massachusetts: $173,367.

Top Paying Cities for Credit and Collections Director

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: $200,926
  • San Francisco: $198,726
  • Oakland: $194,538

Credit and Collections Director Salary by Company Size: Startups vs. Enterprise

Credit and Collections Director salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $178,328. While startup companies pay approximate $150,862.

Credit and Collections Director Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $150,862
Growth Stage 51~500 $159,554
Established 501~5000 $172,208
Enterprise 5000+ $178,328

Credit and Collections Director Salary by Industry: Top Paying Sectors

For Credit and Collections Director roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Software & Networking sectors offer the strongest compensation, at 20% above the average. In contrast, Credit and Collections Director positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Credit and Collections Director as a support function rather than a direct revenue driver.

The top paying industries for a Credit and Collections Director

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$191,161$92.020%
Software & Networking$191,161$92.020%
Telecom$191,161$92.020%
Biotechnology$183,196$88.015%
Pharmaceuticals$183,196$88.015%

How Education impacts an Credit and Collections Director's Salary?

Your level of education can impact your salary potential. While many Credit and Collections Director enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Credit and Collections Director with a Bachelor's Degree is between $147,455 and $159,008.

Credit and Collections Director Salaries by Degree Level

Typical Education for Credit and Collections Director
Degree Level % of user with this level of education
No Diploma 4.5%
High School 17.9%
Associates 14.9%
Bachelors 40.3%
Masters 22.4%
Doctorate 0.0%
View as Graph

Credit and Collections Director Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit and Collections Director'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
$146,509
Average $159,301/year
$168,920
$12,209
Average $13,275/month
$14,077
$2,817
Average $3,063/week
$3,248
$70
Average $77/hour
$81
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $168,920 $14,077 $3,248 $81
Average $159,301 $13,275 $3,063 $77
25th Percentile $146,509 $12,209 $2,817 $70

Credit and Collections Director Salary Growth & Career Path

Credit and Collections Director

Next Role

For a Credit and Collections Director, the most direct path to higher earnings is advancing to the VP of Credit and Collections role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $199,222 - a projected growth of 25% over your current level.

Most common benefits for Credit and Collections Director

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

Common company salaries for Credit and Collections Director

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

Find Your Next Credit and Collections Director Job

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

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Credit and Collections Director

1. Where can a Credit and Collections Director earn the most?

A Credit and Collections Director'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 Director earns the most in San Jose, CA, where the annual salary of a Credit and Collections Director is $200,926.

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

The highest pay for Credit and Collections Director is $177,678.

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

The lowest pay for Credit and Collections Director is $134,863.

4. What are the responsibilities of Credit and Collections Director?

Leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

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

The Financial Services industry offers the highest average compensation for Credit and Collections Director roles, with salaries approximately 20% 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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job