Debt Collector salary in United States Of America

Average Yearly Salary of Debt Collector in United States Of America is approximately 35,442 USD (35,343 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Debt Collector do?

A debt collector is a professional responsible for managing and collecting outstanding debts from individuals or businesses. They work for collection agencies, financial institutions, or as independent contractors. Debt collectors typically contact debtors via phone calls, letters, or in-person visits to negotiate payment plans, resolve disputes, and ensure timely debt repayment. They must have excellent communication and negotiation skills to effectively communicate with debtors and find mutually agreeable solutions. Debt collectors also need to be persistent, assertive, and have a strong understanding of relevant laws and regulations governing debt collection practices. Additionally, they may conduct research on debtors' financial situations, update records, and provide regular reports to their employers.

Skills: Debt collector, Collections specialist, Financial recovery agent, Debt recovery specialist, Debt management professional, Negotiation expert
Job industry: Finance

How much does Debt Collector make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Debt Collector a well paid job?

No, our data shows that Debt Collector is typically not a well-paid job. The salary varies based on experience. Meaning that even though Debt Collector might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Debt Collector?

High salary for Debt Collector would be somewhere between 38,986 USD and 51,391 USD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Debt Collector in United States Of America?

Living in United States Of America the approximate monthly expenses are: 2,280 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 35,442 USD
Estimated Monthly Salary: 2,954 USD
Estimated Weekly Salary: 682 USD per week
Estimated Hourly Salary: 17 USD per hour
By working as Debt Collector a person can save up to 665 USD per month or 7,983 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in United States Of America, see costs of living in United States Of America.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Canada, Mexico.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Debt Collector

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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