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Collection Agent Salary
in Chicago, Illinois

$42,043 (USD)

Average Salary

$20/hr

Average Hourly

$694

Average Bonus

Last updated: May 24, 2019

Salary Recap

The average pay for a Collection Agent is $42,043 a year and $20 an hour in Chicago, Illinois, United States. The average salary range for a Collection Agent is between $31,608 and $50,684. 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 Chicago, Illinois.

Average Salary Chart

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Job Summary

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 Chicago, Illinois, United States

Job family: Bill and Account Collectors

Job family population: 271,700

Estimated population of Collection Agent jobs: 66,615

Rate of error: 1.4%

Salary Potential

Estimated salary in 2024:
$48,739
5 Year Change:
16 %

Education

Skills

Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Collection Agent Job Listings for Chicago, Illinois

Collection Specialist
May 10
Chicago, IL, USA
Law Firm
Downtown Chicago legal services corporation seeks experienced collection specialist to contact assigned clients and negotiate payment of past due invoices. Must exhibit a high level of customer ...
Skip Tracer/Investigator
Mar 19
Northbrook, IL, USA
Etech360
Collection practices * Conducting investigations (on-line or otherwise) * OSINT investigations and how they apply to collateral recovery * Data analysis and interpretation * Recovery Agent/Vendor ...
Collections Specialist II
Apr 25
Chicago, IL, USA
Distribution Warehouse
... collection issues, process customer refunds, process and review account adjustment, resolve client discrepancies and short payments. • Responsible for monitoring and maintaining assigned accounts ...
Collections Specialist
May 22
Vernon Hills, IL, USA
Baxter Credit Union
Perform proper collection activity including skip tracing, collateral and credit analysis as required to resolve complex delinquency issues. 5.Assist members with questions and attempt to resolve any ...
Credit and Collections Specialist
May 17
Bensenville, IL, USA
HR Manager
Perform credit and collection functions on assigned portfolio through direct communication with customer for collection and resolution of past due AR * Special projects as assigned Credit and ...
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