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Collections Agent Salary
in Chicago, Illinois

$42,045 (USD)

Average Salary

$20/hr

Average Hourly

$694

Average Bonus

Last updated: May 25, 2019

Salary Recap

The average pay for a Collections Agent is $42,045 a year and $20 an hour in Chicago, Illinois, United States. The average salary range for a Collections Agent is between $31,609 and $50,687. On average, an Associate Degree is the highest level of education for a Collections 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.
Collections Agent Job Prevalence in Chicago, Illinois, United States

Job family: Bill and Account Collectors

Job family population: 271,700

Estimated population of Collections Agent jobs: 66,615

Rate of error: 1.4%

Salary Potential

Estimated salary in 2024:
$48,742
5 Year Change:
16 %

Education

Skills

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 2,705,994 (2018), 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...

Collections Agent Job Listings for Chicago, Illinois

Senior Level Collections Manager-$65,000.00 +
May 16
Northbrook, IL, USA
Approved Financial, Inc.
Demonstrated ability to function as a change agent driving both strategic and operational results ... Oversee collections department activities to ensure compliance. * Monitor production goals, and ...
Skip Tracer/Investigator
Mar 19
Northbrook, IL, USA
Etech360
Recovery Agent/Vendor management (and related software) * Social Media Research Hours and Location ... Do you have any experience in the collections industry? * If so, how many years? * If hired, would ...
Collections Specialist
May 20
Mokena, IL, USA
Express Employment Professionals - Mokena, IL
The Collections Specialist will ensure the timely resolution of past due accounts receivable to increase revenue and limit losses. This person will have the ability to prioritize, troubleshoot, and ...
Credit and Collections Specialist
May 17
Bensenville, IL, USA
HR Manager
Credit & Collections Specialist - Bensenville, IL $50,000-$55,000 Are you looking for an opportunity to work in an engaging and collaborative environment for an industry-recognized leader? Our firm ...
Collections Specialist II
Apr 25
Chicago, IL, USA
Distribution Warehouse
RESPONSIBILITIES INCLUDE: • Assist with overseeing dispute resolution and advising on the decision making process to resolve reoccurring problems. • Providing customer service regarding ...
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