How Much Does a Debt Collection Specialist make?

Debt Collection Specialist made a median salary around $41,336 in December, 2024. The best-paid 25 percent made $46,120 probably that year, while the lowest-paid 25 percent made around $36,912. 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 Debt Collection Specialist jobs in Michigan

Orientation and Mobility Specialist

Reliable Health Care Services of Southern Nevada, Inc - RENO, NV

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Best-Paying Cities for Debt Collection Specialist

The metropolitan areas that pay the highest salary in the Debt Collection Specialist profession are Saline , Ypsilanti , Ann Arbor , Dexter , Salem .
Saline, MI $42,970
Ypsilanti, MI $42,970
Ann Arbor, MI $42,970
Dexter, MI $42,970
Salem, MI $42,928

Best-Paying States for Debt Collection Specialist

The states and districts that pay Debt Collection Specialist the highest salary are District of Columbia (around $46,613) , California (around $46,194) , New Jersey (around $45,901) , Alaska (around $45,608) , and Massachusetts (around $45,566) .
District of Columbia $46,613
California $46,194
New Jersey $45,901
Alaska $45,608
Massachusetts $45,566

What is the Career Path of Debt Collection 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 Debt Collection Specialist, the first career path typically progresses to Collections Specialist - Healthcare.

Additionally, the second career path typically starts with a Collections Representative II position , and then progresses to Collections Representative III.

Besides, Debt Collection Specialist can also turn to other related jobs, including Debt Collection Agent , Debt Specialist , Certified Debt Specialist and Debt Relief Specialist .

Frequently Asked Questions for Debt Collection Specialist

Q: What is the salary range of Debt Collection Specialist in Michigan?
A: In 2024 , the lowest-paid Debt Collection Specialist in Michigan earned an average annual salary of $36,912 , while the highest-paid made $46,120.
Q: What is the salary for a Debt Collection Specialist in California?
A: Debt Collection Specialist employed in California earned an average salary of $46,194 in 2024.

Average Debt Collection Specialist Pay vs. Other Jobs

Debt Collection Specialist earned an average salary of $41,336 in 2024. Other jobs related to Debt Collection Specialist earned the following average salary in December, 2024. Debt Collection Agent made $66,701 , Debt Specialist made $80,022 , Certified Debt Specialist and Debt Relief Specialist made $70,434 and $44,043 respectively .

Relevant Jobs of Debt Collection Specialist

Debt Collection Agent - Average Salary $66,701
There is currently no job description for Debt Collection Agent, be the first to submit the job responsibilities for Debt Collection Agent.
Debt Specialist - Average Salary $80,022
There is currently no job description for Debt Specialist, be the first to submit the job responsibilities for Debt Specialist.
Certified Debt Specialist - Average Salary $70,434
There is currently no job description for Certified Debt Specialist, be the first to submit the job responsibilities for Certified Debt Specialist.
Debt Relief Specialist - Average Salary $44,043
There is currently no job description for Debt Relief Specialist, be the first to submit the job responsibilities for Debt Relief Specialist.
Debt Recovery Specialist - Average Salary $44,803
There is currently no job description for Debt Recovery Specialist, be the first to submit the job responsibilities for Debt Recovery Specialist.