How Much Does a Collections Associate Make?

Updated November 27, 2023

Individually reported data submitted by users of our website

Low Confidence
Average Base Pay
Low $36,593
Average $40,893
High $45,577
The average salary for Collections Associate is $40,893 per year in the United States.

Related Job Titles to Collections Associate

Credit & Collections Associate
Per Year
AR Collections Associate
Per Year
Associate Collections Analyst
Per Year
Associate Collections Manager
Per Year

Similar Job Salaries to Collections Associate by Company

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Company average base salary in (usd) range
Fiserv Solutions LLC
Collections Associate
RANGE: $36,213 - $46,934
Sunflower Bank NA
Collections Associate
RANGE: $37,048 - $47,870
Extra Duty Solutions
Collections Associate
RANGE: $118,372 - $167,345
Preferred Credit
Collections Associate
RANGE: $52,343 - $72,140
Credit Union of Ohio
Collections Associate
RANGE: $50,977 - $76,842
RANGE: $143,383 - $243,477
Lucy Development Company
Collections Associate
RANGE: $53,512 - $68,444
Imperial PFS
Collections Associate
RANGE: $45,506 - $63,428
Rush Copley Medical Center
Collections Associate
RANGE: $28,776 - $42,251

What Does a Collections Associate Do?

Top 5 collection associate interview questions with detailed tips for both hiring managers and candidates.
Updated December 10, 2021
A top-notch collection associate will be someone who can enact debt recovery plans and mitigate losses.
Updated December 01, 2021
Collection associates act as liaisons between creditors and customers to collect outstanding payments.
Updated November 27, 2021
To ensure success as a collection associate, you should demonstrate knowledge of the Fair Debt Collection Practices Act (FDCPA) and experience in a similar role.
Updated October 13, 2021

Frequently Asked Questions About a Collections Associate Salaries

What is the average of a Collections Associate in the United States?

The Collections Associate salary range is from $36,593 to $45,577, and the average Collections Associate salary is $40,893/year in the United States. The Collections Associate's salary will change in different locations.

Which location pays the highest Collections Associate salary in the United States?

The Collections Associate salary in San Jose, CA is $51,321 which is the highest in the US.

What kinds of reasons will influence the Collections Associate's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Collections Associate.

What is the growth rate of the Collections Associate's salary?

If you are thinking of becoming a Collections Associate or planning the next step in your career, find the detailed salary report of a Collections Associate.

Recent Salary Report

Below are the most recent Collections Associate salary reports. Employer name has been removed to protect anonymity.

$41,191 Yearly
A Collections Associate in Hastings, NE reported making $41,191 per year
Hastings, NE
100 - 200 employees
Company - Private
$3,298 Monthly
A Collections Associate in Kannapolis, NC reported making $3,298 per month
Kannapolis, NC
1,000 - 3,000 employees
Company - Public
$45,803 Yearly
A Collections Associate in Lima, OH reported making $45,803 per year
Lima, OH
200 - 6 employees
Company - Private
$37,907 Yearly
A Collections Associate in Mount Prospect, IL reported making $37,907 per year
Mount Prospect, IL
6 - 1,000 employees
Company - Private
$21 Hourly
A Collections Associate in Oak Park, IL reported making $21 per hour
Oak Park, IL
3,000 - 7,6 employees
Company - Public
$17 Hourly
A Collections Associate in Binghamton, NY reported making $17 per hour
Binghamton, NY
7,6 - 15,000 employees
Company - Public