The salary of a Credit/Past Due Collections Specialist I in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of May 01, 2025, the average annual salary for a Credit/Past Due Collections Specialist I in the United States is $42,300. Salary.com reports that pay typically ranges from $38,620 to $45,940, with most professionals earning between $35,270 and $49,254.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $45,940 | $3,828 | $883 | $22 |
| Average | $42,300 | $3,525 | $813 | $20 |
| 25th Percentile | $38,620 | $3,218 | $743 | $19 |
An entry-level Credit/Past Due Collections Specialist I with less than 1 year of experience earns about $41,366. With 1-2 years of experience, the average salary increases to $43,495. For 2-4 years of experience, the pay typically rises to $44,799. Senior-level professionals with 5-8 years of experience earn around $45,125, and those with over 8 years of experience can expect an average of $45,288.
| Levels | Salary |
|---|---|
| Entry Level Credit/Past Due Collections Specialist I | $41,366 |
| Intermediate Level Credit/Past Due Collections Specialist I | $43,495 |
| Senior Level Credit/Past Due Collections Specialist I | $44,799 |
| Specialist Level Credit/Past Due Collections Specialist I | $45,125 |
| Expert Level Credit/Past Due Collections Specialist I | $45,288 |
| Entry Level | 2% |
| Mid Level | 3% |
| Senior Level | 6% |
| Top Level | 7% |
| Experienced | 7% |
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 May 01, 2025, our research reveals a significant shift in Credit/Past Due Collections Specialist I compensation over the past six years. For example, the median salary increased from $38,104 in 2023 to approximately $38,600 in 2024. (For a detailed analysis of Credit/Past Due Collections Specialist I 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/Past Due Collections Specialist I information for you to search for. Click on search button below to see Credit/Past Due Collections Specialist I job openings or enter a new job title here.
Here are companies hiring for Credit/Past Due Collections Specialist I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $42,300 | 62.0% | ||
| Bonus | $3,180 | 4.7% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $3,479 | 5.1% | ||
| 401K/403B | $1,910 | 2.8% | ||
| Disability | $910 | 1.3% | ||
| Healthcare | $8,352 | 12.2% | ||
| Pension | $2,456 | 3.6% | ||
| Time Off | $5,598 | 8.2% | ||
| Total Compensation | $68,185 | 100% | ||
Collection agents often earn a commission, typically ranging from 25% to 50% of the amount collected or the original invoice. The commission rate can vary based on factors like the age of the debt, type, balance, and account usage. In terms of salary, a Credit/Past Due Collections Specialist can expect to earn between $39,390 and $50,860 annually, with a midpoint of $44,740.
Debt specialists typically earn between $39,390 and $50,860 annually, with a median salary of around $44,740. While some cities like San Francisco and Santa Clara offer significantly higher salaries, the general range for this role reflects the varying demand and cost of living across different regions.
An aspiring Collections Specialist should have some background in finance, though a formal degree beyond a high school diploma is not necessary. Two to three years of previous experience with a collections agency or similar work is preferred. Basic computer proficiency is a must, especially with Microsoft Office tools. The salary for this role typically ranges from $39,390 to $50,860, with a midpoint of $44,740.
Collection Specialists in the US typically earn between $39,390 and $50,860 annually. The average salary is around $44,740, reflecting the midpoint of this range. These figures provide a clear overview of the earning potential in this role, highlighting both entry-level and experienced positions.
A Credit/Past Due Collections Specialist typically earns between $39,390 and $50,860 annually, with a median salary of around $44,740. Salaries can vary based on location, experience, and specific employer, with some cities offering competitive pay for these roles.
In the US, the salary for a Credit/Past Due Collections Specialist ranges from $39,390 to $50,860 per year. The average salary is approximately $44,740 annually. These figures reflect the typical earnings for this role, providing a clear picture of potential compensation in the field.
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.
