The salary of a Vice President of Credit and Collections 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 Vice President of Credit and Collections in the United States is $199,540. According to Salary.com, salaries can range from a low of $163,108 to a high of $213,563, with most professionals earning between $180,470 and $206,880.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $206,880 | $17,240 | $3,978 | $99 |
| Average | $199,540 | $16,628 | $3,837 | $96 |
| 25th Percentile | $180,470 | $15,039 | $3,471 | $87 |
An entry-level Vice President of Credit and Collections with less than 1 year of experience earns about $187,870. With 1-2 years of experience, the average salary increases to $189,578. For 2-4 years of experience, the pay typically rises to $191,855. Senior-level professionals with 5-8 years of experience earn around $195,271, and those with over 8 years of experience can expect an average of $199,540.
| Levels | Salary |
|---|---|
| Entry Level Vice President of Credit and Collections | $187,870 |
| Intermediate Level Vice President of Credit and Collections | $189,578 |
| Senior Level Vice President of Credit and Collections | $191,855 |
| Specialist Level Vice President of Credit and Collections | $195,271 |
| Expert Level Vice President of Credit and Collections | $199,540 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 0% |
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 Vice President of Credit and Collections compensation over the past six years. For example, the median salary increased from $207,553 in 2023 to approximately $209,931 in 2024. (For a detailed analysis of Vice President of Credit and Collections 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 Vice President of Credit and Collections information for you to search for. Click on search button below to see Vice President of Credit and Collections job openings or enter a new job title here.
Here are companies hiring for Vice President of Credit and Collections and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $199,540 | 74.2% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,347 | 5.0% | ||
| 401K/403B | $8,381 | 3.1% | ||
| Disability | $3,991 | 1.5% | ||
| Healthcare | $8,352 | 3.1% | ||
| Pension | $10,775 | 4.0% | ||
| Time Off | $24,559 | 9.1% | ||
| Total Compensation | $268,944 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 20.0% |
| Associates | 10.0% |
| Bachelors | 56.7% |
| Masters | 13.3% |
What Am I Worth?
Job Summary: The Vice President of Credit and Collections will plan, direct, coordinate, and oversee daily operations and workflow in the credit union. This role focuses on enhancing customer service and achieving financial objectives through strategic programs and policies. The salary for this position ranges from $186,120 to $251,560, with a midpoint of $218,970.
The average salary for a Vice President of Credit and Collections ranges from $186,120 to $251,560, with a mid-salary of $218,970. While specific bonus data for this role isn't provided, bonuses typically represent around 25.81% of the salary, suggesting an average bonus of approximately $56,707 based on the mid-salary.
While CEO positions are often considered the highest paying, the role of Vice President of Credit and Collections also offers substantial compensation. With salaries ranging from $186,120 to $251,560, this position involves overseeing credit policies, managing collections, and ensuring financial stability within an organization.
The Vice President of Credit and Collections is one of the highest paying finance positions, with a salary range from $186,120 to $251,560, depending on experience and company size. This role involves overseeing credit policies, managing collections, and ensuring financial stability, making it crucial for organizational success.
The salary for a Vice President of Credit and Collections typically ranges from $186,120 to $251,560 per year. The midpoint salary is approximately $218,970. This data reflects the compensation structure for this role, highlighting the potential earnings based on experience and responsibilities.
The Vice President of Credit and Collections is one of the highest-paying positions in finance, with a salary range from $186,120 to $251,560. This role involves managing credit policies, collections strategies, and ensuring the financial health of the organization through effective risk management and cash flow optimization.
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.
