The salary of a Credit Manager in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average annual salary for a Credit Manager in the United States is $116,700. Salary.com reports that pay typically ranges from $105,400 to $130,700, with most professionals earning between $95,112 and $143,446.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $130,700 | $10,892 | $2,513 | $63 |
| Average | $116,700 | $9,725 | $2,244 | $56 |
| 25th Percentile | $105,400 | $8,783 | $2,027 | $51 |
An entry-level Credit Manager with less than 1 year of experience earns about $112,484. With 1-2 years of experience, the average salary increases to $112,990. For 2-4 years of experience, the pay typically rises to $114,170. Senior-level professionals with 5-8 years of experience earn around $115,519, and those with over 8 years of experience can expect an average of $118,163.
| Levels | Salary |
|---|---|
| Entry Level Credit Manager | $112,484 |
| Intermediate Level Credit Manager | $112,990 |
| Senior Level Credit Manager | $114,170 |
| Specialist Level Credit Manager | $115,519 |
| Expert Level Credit Manager | $118,163 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Credit Manager compensation over the past six years. For example, the median salary increased from $109,163 in 2023 to approximately $108,607 in 2024. (For a detailed analysis of Credit Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Credit Manager information for you to search for. Click on search button below to see Credit Manager job openings or enter a new job title here.
Here are companies hiring for Credit Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $116,700 | 72.1% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $8,928 | 5.5% | ||
| 401K/403B | $4,901 | 3.0% | ||
| Disability | $2,334 | 1.4% | ||
| Healthcare | $8,352 | 5.2% | ||
| Pension | $6,302 | 3.9% | ||
| Time Off | $14,363 | 8.9% | ||
| Total Compensation | $161,880 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 5.8% |
| Associates | 1.9% |
| Bachelors | 43.3% |
| Masters | 44.2% |
| Doctorate | 4.8% |
What Am I Worth?
Credit Management as a Career: A career in credit management can be both challenging and rewarding. With salaries ranging from $101,600 to $139,700, it offers financial stability. If you have an eye for problem-solving, a passion for finance, and the desire to contribute to a successful business, this career path may be an excellent fit for you.
The highest salary for a Credit Manager is ₹13,97,000 per year (₹1,16,417 per month). The average starting salary in India is around ₹3,00,000 per year (₹25,000 per month), with a minimum of 1 year of experience required to qualify for this role.
Credit Managers at Apple can expect to earn between $101,600 and $139,700 annually, with a median salary of approximately $120,400. This reflects a competitive compensation range for professionals in this role, significantly higher than the average pay for Risk Managers in the industry.
At a minimum, credit managers are expected to have a bachelor's degree in finance or a related field. An online Bachelor of Science in Accounting can provide essential knowledge in finance, statistics, data analytics, and auditing. The salary for credit managers typically ranges from $101,600 to $139,700, with a mid-salary of $120,400.
Managers are usually highly paid due to the significant responsibility they carry. For instance, a Credit Manager can earn between $101,600 and $139,700, with a mid-salary of $120,400. This higher compensation reflects their accountability for financial decisions and the scrutiny they face when outcomes are not favorable.
A credit manager evaluates and oversees the credit-granting process for organizations, using credit scores and risk assessments to determine loan eligibility. The salary for a credit manager typically ranges from $101,600 to $139,700, with a mid-salary of $120,400, reflecting their expertise in managing financial risk and customer creditworthiness.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
