The salary of a Credit and Collections Representative I in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of January 01, 2025, the average annual salary for a Credit and Collections Representative I in the United States is $44,737. Salary.com reports that pay typically ranges from $39,390 to $50,850, with most professionals earning between $34,522 and $56,416.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $50,850 | $4,238 | $978 | $24 |
| Average | $44,737 | $3,728 | $860 | $22 |
| 25th Percentile | $39,390 | $3,282 | $757 | $19 |
An entry-level Credit and Collections Representative I with less than 1 year of experience earns about $43,050. With 1-2 years of experience, the average salary increases to $46,388. For 2-4 years of experience, the pay typically rises to $48,561. Senior-level professionals with 5-8 years of experience earn around $49,105, and those with over 8 years of experience can expect an average of $49,376.
| Levels | Salary |
|---|---|
| Entry Level Credit and Collections Representative I | $43,050 |
| Intermediate Level Credit and Collections Representative I | $46,388 |
| Senior Level Credit and Collections Representative I | $48,561 |
| Specialist Level Credit and Collections Representative I | $49,105 |
| Expert Level Credit and Collections Representative I | $49,376 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 9% |
| Top Level | 10% |
| Experienced | 10% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Credit and Collections Representative I compensation over the past six years. For example, the median salary increased from $38,104 in 2023 to approximately $38,600 in 2024. (For a detailed analysis of Credit and Collections Representative I salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Credit and Collections Representative I information for you to search for. Click on search button below to see Credit and Collections Representative I job openings or enter a new job title here.
Here are companies hiring for Credit and Collections Representative I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $44,737 | 65.8% | ||
| Bonus | $626 | 0.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $3,470 | 5.1% | ||
| 401K/403B | $1,905 | 2.8% | ||
| Disability | $907 | 1.3% | ||
| Healthcare | $8,352 | 12.3% | ||
| Pension | $2,450 | 3.6% | ||
| Time Off | $5,583 | 8.2% | ||
| Total Compensation | $68,030 | 100% | ||
The average annual salary of Credit and Collections Representative I is $44,737. In case you are finding an easy salary calculator, the average hourly pay of Credit and Collections Representative I is $22; the average weekly pay of Credit and Collections Representative I is $860; the average monthly pay of Credit and Collections Representative I is $3,728.
A Credit and Collections Representative 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 Representative I earns the most in San Jose, CA, where the annual salary of a Credit and Collections Representative I is $56,145.
The highest pay for Credit and Collections Representative I is $56,416.
The lowest pay for Credit and Collections Representative I is $34,522.
Credit and Collections Representative I collects and maintains accurate credit information. Reviews and verifies overdue accounts. Being a Credit and Collections Representative I contacts customers to confirm outstanding payments and renews credit information to help minimize outstanding debts. Requires a high school diploma. Additionally, Credit and Collections Representative I typically reports to a manager. The Credit and Collections Representative I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.
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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.)
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