The salary of a Credit and Collections Director 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 and Collections Director in the United States is $159,112. According to Salary.com, salaries can range from a low of $136,045 to a high of $182,721, with most professionals earning between $147,038 and $171,470.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $171,470 | $14,289 | $3,298 | $82 |
| Average | $159,112 | $13,259 | $3,060 | $76 |
| 25th Percentile | $147,038 | $12,253 | $2,828 | $71 |
An entry-level Credit and Collections Director with less than 1 year of experience earns about $151,723. With 1-2 years of experience, the average salary increases to $152,805. For 2-4 years of experience, the pay typically rises to $154,246. Senior-level professionals with 5-8 years of experience earn around $156,048, and those with over 8 years of experience can expect an average of $157,851.
| Levels | Salary |
|---|---|
| Entry Level Credit and Collections Director | $151,723 |
| Intermediate Level Credit and Collections Director | $152,805 |
| Senior Level Credit and Collections Director | $154,246 |
| Specialist Level Credit and Collections Director | $156,048 |
| Expert Level Credit and Collections Director | $157,851 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| 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 and Collections Director compensation over the past six years. For example, the median salary increased from $153,332 in 2023 to approximately $151,223 in 2024. (For a detailed analysis of Credit and Collections Director 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 and Collections Director information for you to search for. Click on search button below to see Credit and Collections Director job openings or enter a new job title here.
Here are companies hiring for Credit and Collections Director and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $159,112 | 73.1% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $12,172 | 5.6% | ||
| 401K/403B | $6,683 | 3.1% | ||
| Disability | $3,182 | 1.5% | ||
| Healthcare | $8,352 | 3.8% | ||
| Pension | $8,592 | 3.9% | ||
| Time Off | $19,583 | 9.0% | ||
| Total Compensation | $217,676 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 4.5% |
| High School | 17.9% |
| Associates | 14.9% |
| Bachelors | 40.3% |
| Masters | 22.4% |
What Am I Worth?
The average annual salary of Credit and Collections Director is $159,112. In case you are finding an easy salary calculator, the average hourly pay of Credit and Collections Director is $76; the average weekly pay of Credit and Collections Director is $3,060; the average monthly pay of Credit and Collections Director is $13,259.
A Credit and Collections Director'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 Director earns the most in San Jose, CA, where the annual salary of a Credit and Collections Director is $200,688.
The highest pay for Credit and Collections Director is $182,721.
The lowest pay for Credit and Collections Director is $136,045.
Leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
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.
