upper level job

How much does a Credit and Collections Analyst I make?

As of April 01, 2025, the average annual salary for a Credit and Collections Analyst I in the United States is $59,599. According to Salary.com, salaries can range from a low of $50,501 to a high of $68,867, with most professionals earning between $54,837 and $64,450.

Credit and Collections Analyst I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $64,450 $5,371 $1,239 $31
Average $59,599 $4,967 $1,146 $29
25th Percentile $54,837 $4,570 $1,055 $26

Average Salary

25% $54,837 10% $50,501 90% $68,867 75% $64,450 $59,599 50%(Median)
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How much does a Credit and Collections Analyst I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Credit and Collections Analyst I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Credit and Collections Analyst I hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Credit and Collections Analyst I's Salary?

An entry-level Credit and Collections Analyst I with less than 1 year of experience earns about $59,244. With 1-2 years of experience, the average salary increases to $59,744. For 2-4 years of experience, the pay typically rises to $60,830. Senior-level professionals with 5-8 years of experience earn around $61,047, and those with over 8 years of experience can expect an average of $61,192.

Levels Salary
Entry Level Credit and Collections Analyst I $59,244
Intermediate Level Credit and Collections Analyst I $59,744
Senior Level Credit and Collections Analyst I $60,830
Specialist Level Credit and Collections Analyst I $61,047
Expert Level Credit and Collections Analyst I $61,192
$59,244 0 yr
$59,744 < 2 yrs
$60,830 2-4 yrs
$61,047 5-8 yrs
$61,192 > 8 yrs
Last Updated on April 01, 2025
Entry Level 1%
Mid Level 0%
Senior Level 2%
Top Level 2%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Credit and Collections Analyst I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Credit and Collections Analyst I is $74,433.
  • In New York, NY, the average annual salary is $69,069.
  • In Boston, MA, a Credit and Collections Analyst I earns $66,471 per year.

What is the salary trend of Credit and Collections Analyst I?

As of April 01, 2025, our research reveals a significant shift in Credit and Collections Analyst I compensation over the past six years. For example, the median salary increased from $52,820 in 2023 to approximately $52,596 in 2024. (For a detailed analysis of Credit and Collections Analyst I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Credit and Collections Analyst I Over Time

2020
$???
2021
$???
2022
$???
$52,820
2023
$52,596
2024
$52,168
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$52,820
2024
$52,596
2025
$52,168
2026
$???
Last Updated on April 01, 2025

Credit and Collections Analyst I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $52,820
2024 $52,596
2025 $52,168
2026 View More
Last Updated on April 01, 2025

Job Openings of Credit and Collections Analyst I

Salary.com job board provides millions of Credit and Collections Analyst I information for you to search for. Click on search button below to see Credit and Collections Analyst I job openings or enter a new job title here.

Most Common Benefits for Credit and Collections Analyst I

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.7%
Bonuses 0.0%
Social Security 5.3%
401k/403b 2.9%
Disability 1.4%
Healthcare 9.6%
Pension 3.7%
Time Off 8.5%
Core Compensation
Core Compensation Median % of Total
Base Salary $59,599 68.7%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,559 5.3%
401K/403B $2,503 2.9%
Disability $1,192 1.4%
Healthcare $8,352 9.6%
Pension $3,218 3.7%
Time Off $7,335 8.5%
Total Compensation $86,759 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

FAQ about Credit and Collections Analyst I

1. What is the average salary of a Credit and Collections Analyst I?

The average annual salary of Credit and Collections Analyst I is $59,599. In case you are finding an easy salary calculator, the average hourly pay of Credit and Collections Analyst I is $29; the average weekly pay of Credit and Collections Analyst I is $1,146; the average monthly pay of Credit and Collections Analyst I is $4,967.

2. Where can a Credit and Collections Analyst I earn the most?

A Credit and Collections Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Credit and Collections Analyst I earns the most in San Jose, CA, where the annual salary of a Credit and Collections Analyst I is $75,172.

3. What is the highest pay for Credit and Collections Analyst I?

The highest pay for Credit and Collections Analyst I is $68,867.

4. What is the lowest pay for Credit and Collections Analyst I?

The lowest pay for Credit and Collections Analyst I is $50,501.

5. What are the responsibilities of Credit and Collections Analyst I?

Analyzes credit history and information related to applications for credit and overdue/delinquent accounts. Ensures compliance with credit and collections regulations and adherence to best practices. Provides reporting on outstanding account balances, credit applications, and collection activity. Recommends terms and conditions pertaining to credit and debt repayment. Typically requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.

6. What are the skills of Credit and Collections Analyst I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.)

Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.

About Our Data

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.

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The average salary for a Credit and Collections Analyst I is $59,599 per year in the United States, updated at April 01, 2025.
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