As of February 01, 2025, the average annual salary for a Credit and Collections Director in Minnesota is $161,229. According to Salary.com, salaries can range from a low of $119,484 to a high of $201,400, with most professionals earning between $139,378 and $182,256.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $178,158 | $14,847 | $3,426 | $86 |
| Average | $157,604 | $13,134 | $3,031 | $76 |
| 25th Percentile | $136,244 | $11,354 | $2,620 | $66 |
An entry-level Credit and Collections Director with under 1 year experience makes about $146,329. With less than 2 years of experience, a mid-level Credit and Collections Director makes around $148,265. After 2-4 years, the Credit and Collections Director pay rises to about $150,846. Those senior Credit and Collections Director with 5-8 years of experience earn roughly $154,074, and those Credit and Collections Director having 8 years or more experience are expected to earn about $157,301 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit and Collections Director | $146,329 |
| Intermediate Level Credit and Collections Director | $148,265 |
| Senior Level Credit and Collections Director | $150,846 |
| Specialist Level Credit and Collections Director | $154,074 |
| Expert Level Credit and Collections Director | $157,301 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 0% |
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Credit and Collections Director salary varies from city to city. Compared with national average salary of Credit and Collections Director, the highest Credit and Collections Director salary is in San Francisco, CA, where the Credit and Collections Director salary is 25.0% above. The lowest Credit and Collections Director salary is in Miami, FL, where the Credit and Collections Director salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $197,005 |
25.0%
|
| Washington, DC | $175,413 |
11.3%
|
| Miami, FL | $152,088 |
|
| Chicago, IL | $165,327 |
4.9%
|
| Boston, MA | $176,674 |
12.1%
|
| New York, NY | $184,081 |
16.8%
|
