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Collection Agent Salary

$40,001 (USD)

Average Salary

$19/hr

Average Hourly

$660

Average Bonus

Last updated: December 07, 2019

The average pay for a Collection Agent is $40,001 a year and $19 an hour in the United States. The average salary range for a Collection Agent is between $30,073 and $48,222. On average, a High School Degree is the highest level of education for a Collection Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Average Salary Chart

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Description:
  • Receives installments or past due accounts, damage claims, or non-payable checks from customers.
  • Locates and attempts to persuade customer to pay amount due or arranges for payment at later date via phone, mail, or visits.
  • Accommodates for loan extensions and modifications and arranges pay schedules.
Collection Agent Job Prevalence in the United States

Job family: Bill and Account Collectors

Job family population: 251,330

Estimated population of Collection Agent jobs: 61,621

Rate of error: 1.5%

Estimated salary in 2024:
$46,372
5 Year Change:
16 %
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Skills data not available for this job

About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Collection Agent Job Listings for United States

Collections Agent
Nov 23
Walnut Creek, CA, USA
Accounting Principals
We are currently looking for a Collection Agent on a temp to hire basis for exciting East Bay company located in the San Leandro area. The Collection Agent will be responsible for collections and ...
Collections Specialist / Recovery Agent
Nov 27
Tampa, FL, USA
The Axiom Group / Full Circle Financial Services
... Agent in our Collections/Recovery Team. This position will be responsible for contacting consumers ... collection. * Microsoft Windows and Internet-based applications experience. * Organize and ...
Collections Agent
Oct 14
Marietta, GA, USA
Fiserv
Six months collection/call center experience or one year customer service experience * Strong command of the English language to speak and write clearly with appropriate vocabulary, grammar, spelling ...
Collections Agent
Oct 10
Houston, TX, USA
North Main Bail Bond Co.
Execute strategies for collection processes and procedures. Respond to customer inquires. Persuade customers diligently to pay past due amounts. Develop alternative payment plans for clients with ...
Merchant Collections Agent
Oct 16
Marietta, GA, USA
Fiserv
Minimum of two years collection experience * Skip tracing experience preferred * Strong verbal skills along with a professional telephone manner * Ability to communicate effectively with business ...

The average pay for a Collection Agent is $40,001 a year and $19 an hour in the United States. The average salary range for a Collection Agent is between $30,073 and $48,222. On average, a High School Degree is the highest level of education for a Collection Agent. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salaries By Location

Collection Agent
Collection Agent
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Similar Job Titles

Collection Agent
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Collections Agent
Nov 23
Walnut Creek, CA, USA
Accounting Principals
We are currently looking for a Collection Agent on a temp to hire basis for exciting East Bay company located in the San Leandro area. The Collection Agent will be responsible for collections and ...
Collections Specialist / Recovery Agent
Nov 27
Tampa, FL, USA
The Axiom Group / Full Circle Financial Services
... Agent in our Collections/Recovery Team. This position will be responsible for contacting consumers ... collection. * Microsoft Windows and Internet-based applications experience. * Organize and ...
Explore our most popular jobs
View our most popular salary searches and other resources