How Much Does a Collections Technician make?

Collections Technician made a median salary around $43,296 in December, 2024. The best-paid 25 percent made $48,643 probably that year, while the lowest-paid 25 percent made around $38,598. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Check out Collections Technician jobs in Wilmington, North Carolina

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Best-Paying Cities for Collections Technician

The metropolitan areas that pay the highest salary in the Collections Technician profession are Cary , Garner , Knightdale , Raleigh , Apex .
Cary, NC $46,085
Garner, NC $46,085
Knightdale, NC $46,085
Raleigh, NC $46,085
Apex, NC $46,038

Best-Paying States for Collections Technician

The states and districts that pay Collections Technician the highest salary are District of Columbia (around $52,608) , California (around $52,135) , New Jersey (around $51,804) , Alaska (around $51,474) , and Massachusetts (around $51,426) .
District of Columbia $52,608
California $52,135
New Jersey $51,804
Alaska $51,474
Massachusetts $51,426

What is the Career Path of Collections Technician?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Collections Technician, the upper level is Collections Representative III , and then progresses to Collections Supervisor
Besides, Collections Technician can also turn to other related jobs, including Collections Supervisor , Collections Attorney , Collections Agent and Collections Analyst .

Frequently Asked Questions for Collections Technician

Q: What is the salary range of Collections Technician in Wilmington, NC?
A: In 2024 , the lowest-paid Collections Technician in Wilmington, NC earned an average annual salary of $38,598 , while the highest-paid made $48,643.
Q: What is the salary for a Collections Technician in California?
A: Collections Technician employed in California earned an average salary of $52,135 in 2024.

Average Collections Technician Pay vs. Other Jobs

Collections Technician earned an average salary of $43,296 in 2024. Other jobs related to Collections Technician earned the following average salary in December, 2024. Collections Supervisor made $64,491 , Collections Attorney made $82,851 , Collections Agent and Collections Analyst made $43,189 and $48,164 respectively .

Relevant Jobs of Collections Technician

Collections Supervisor - Average Salary $64,491
Collections Supervisor supervises the day-to-day process and operations involved with collections on overdue/delinquent accounts. Reviews and develops policies and procedures and ensures compliance. Being a Collections Supervisor initiates demand letters, outbound calls, and handles escalated calls. Monitors collections activities for quality. Additionally, Collections Supervisor ensures that production targets are achieved. May require a bachelor's degree. Typically reports to a manager. The Collections Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be a Collections Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision.
Collections Attorney - Average Salary $82,851
Debt collection is the process of pursuing payments of debts owed by individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.
Collections Agent - Average Salary $43,189
There is currently no job description for Collections Agent, be the first to submit the job responsibilities for Collections Agent.
Collections Analyst - Average Salary $48,164
There is currently no job description for Collections Analyst, be the first to submit the job responsibilities for Collections Analyst.
Collections Coordinator - Average Salary $75,628
There is currently no job description for Collections Coordinator, be the first to submit the job responsibilities for Collections Coordinator.