How Much Does a Credit&Collections Specialist make?

Credit&Collections Specialist made a median salary around $55,544 in December, 2024. The best-paid 25 percent made $62,711 probably that year, while the lowest-paid 25 percent made around $49,378. 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 Credit&Collections Specialist jobs in South Bend, Indiana

Credit Administrative Specialist

First Merchants Corporation - Indianapolis, IN

Commercial Credit Administration Specialist

First Financial Corporation Indiana - Terre Haute, IN

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Best-Paying Cities for Credit&Collections Specialist

The metropolitan areas that pay the highest salary in the Credit&Collections Specialist profession are Lowell , Hebron , Crown Point , Dyer , East Chicago .
Lowell, IN $59,389
Hebron, IN $59,270
Crown Point, IN $59,093
Dyer, IN $59,093
East Chicago, IN $59,093

Best-Paying States for Credit&Collections Specialist

The states and districts that pay Credit&Collections Specialist the highest salary are District of Columbia (around $65,836) , California (around $65,245) , New Jersey (around $64,831) , Alaska (around $64,417) , and Massachusetts (around $64,358) .
District of Columbia $65,836
California $65,245
New Jersey $64,831
Alaska $64,417
Massachusetts $64,358

What is the Career Path of Credit&Collections Specialist?

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 Credit&Collections Specialist, the upper level is Credit and Collections Supervisor , and then progresses to Credit and Collections Manager
Besides, Credit&Collections Specialist can also turn to other related jobs, including Credit&Collections Analyst , Specialist , IS Specialist and Activity Specialist .

Frequently Asked Questions for Credit&Collections Specialist

Q: What is the salary range of Credit&Collections Specialist in South Bend, IN?
A: In 2024 , the lowest-paid Credit&Collections Specialist in South Bend, IN earned an average annual salary of $49,378 , while the highest-paid made $62,711.
Q: What is the salary for a Credit&Collections Specialist in California?
A: Credit&Collections Specialist employed in California earned an average salary of $65,245 in 2024.

Average Credit&Collections Specialist Pay vs. Other Jobs

Credit&Collections Specialist earned an average salary of $55,544 in 2024. Other jobs related to Credit&Collections Specialist earned the following average salary in December, 2024. Credit&Collections Analyst made $58,765 , Specialist made $44,458 , IS Specialist and Activity Specialist made $63,847 and $33,340 respectively .

Relevant Jobs of Credit&Collections Specialist

Credit&Collections Analyst - Average Salary $58,765
There is currently no job description for Credit&Collections Analyst, be the first to submit the job responsibilities for Credit&Collections Analyst.
Specialist - Average Salary $44,458
There is currently no job description for Specialist, be the first to submit the job responsibilities for Specialist.
IS Specialist - Average Salary $63,847
There is currently no job description for IS Specialist, be the first to submit the job responsibilities for IS Specialist.
Activity Specialist - Average Salary $33,340
Activity Specialist organizes and provides program content for social events for an organization or group of people. Requires a high school diploma or its equivalent and 2-4 years of experience in the field or in a related area. Being an Activity Specialist is familiar with standard concepts, practices, and procedures within a particular field. Relies on limited experience and judgment to plan and accomplish goals. Additionally, Activity Specialist performs a variety of tasks. Works under general supervision; typically reports to a supervisor or manager. A certain degree of creativity and latitude is required.
Subrogation Specialist - Average Salary $43,656
Subrogation Specialist is responsible for subrogation activities including the identification and research of subrogation claims. Assists in the recovery of overpayments for duplicate coverage, workers' compensation, and no-fault claims. Being a Subrogation Specialist identifies legal liability and pursues, negotiates, and settles subrogation collection. Researches paid claims, answers inquiries, and coordinates with other departments, insurance adjustors, attorneys, and members. Additionally, Subrogation Specialist interacts with policyholders, claimants, witnesses, and underwriters to recommend and document the necessary information to close a file. Collects information needed to determine when an on-site investigation is necessary. Requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Subrogation Specialist works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Subrogation Specialist typically requires 1-3 years of related experience.