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Credit Collection Jobs (NOW HIRING)

The Credit and Collection Analyst I is responsible for evaluating customer credit risk and supporting the timely collection of outstanding receivables to maintain consistent cash flow and minimize ...

The Credit and Collection Analyst I is responsible for evaluating customer credit risk and supporting the timely collection of outstanding receivables to maintain consistent cash flow and minimize ...

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Credit Collection information

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$14

$24

$34

How much do credit collection jobs pay per hour?

As of Jun 27, 2026, the average hourly pay for credit collection in the United States is $24.55, according to ZipRecruiter salary data. Most workers in this role earn between $20.91 and $27.88 per hour, depending on experience, location, and employer.

What jobs pay 500,000 a year in the US?

In the US, high-paying roles such as chief executives, investment bankers, specialized surgeons, and successful entrepreneurs can earn $500,000 or more annually. These positions often require advanced education, extensive experience, leadership skills, and sometimes ownership or equity in a business.

What are some common challenges faced by professionals in credit collection, and how can they be effectively managed?

Credit collection professionals often encounter challenges such as communicating with difficult or unresponsive clients, meeting collection targets, and balancing assertiveness with professionalism. Effective management of these challenges involves utilizing strong negotiation and interpersonal skills, adhering to established protocols, and leveraging technology tools like customer relationship management (CRM) systems to track communications. Regular training in conflict resolution and staying updated with relevant regulations can also help credit collectors handle complex situations professionally while maintaining positive relationships with clients.

What qualifications do I need to be a debt collector?

To become a debt collector, candidates typically need a high school diploma or equivalent. Employers often require good communication skills, basic computer proficiency, and sometimes a background check; some positions may also require state licensing or certification depending on local regulations.

What are the key skills and qualifications needed to thrive as a Credit Collection Specialist, and why are they important?

To thrive as a Credit Collection Specialist, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by relevant experience or certifications. Familiarity with collections software, CRM systems, and financial databases is typically required. Persuasion, negotiation, and effective communication are critical soft skills for building rapport and resolving payment issues with clients. These abilities ensure timely collections, minimize financial risk, and maintain positive client relationships for organizational success.

What is the difference between Credit Collection vs Credit Analyst?

AspectCredit CollectionCredit Analyst
Required CredentialsHigh school diploma or equivalent; sometimes certifications in collectionsBachelor's degree in finance, accounting, or related field; certifications like CFA or CPA beneficial
Work EnvironmentCollections agencies, corporate finance departments, or banksFinancial institutions, corporate finance teams, or consulting firms
Employer & Industry UsagePrimarily used in debt recovery and accounts receivable managementUsed in credit risk assessment, financial analysis, and lending decisions

While Credit Collection focuses on recovering overdue payments and managing delinquent accounts, Credit Analysts evaluate creditworthiness to approve or deny credit applications. Both roles are essential in financial operations but serve different functions within the credit process.

What job makes $10,000 a month without a degree?

In credit collection, experienced professionals can earn $10,000 or more per month through commissions and bonuses, especially in high-volume or corporate debt recovery roles. Success typically requires strong negotiation skills, industry knowledge, and sometimes certifications, but a formal degree is not always necessary for high earnings in this field.

What are Credit Collection jobs?

Credit Collection jobs involve contacting individuals or businesses to recover overdue payments on accounts. Professionals in this field work to negotiate payment plans, resolve disputes, and maintain accurate records of all collection activities. They often communicate by phone, email, or written correspondence and may work for banks, credit agencies, or other organizations. Strong communication, negotiation, and organizational skills are important for success in credit collection roles.

Is being a debt collector a good career?

A debt collector is responsible for pursuing overdue payments and negotiating repayment plans, often working in a regulated environment that requires communication skills and knowledge of debt collection laws. The job can offer steady employment and opportunities for advancement but may involve challenging interactions with distressed individuals. Compensation varies by employer and location, and some roles require certification or training in collections practices.
More about Credit Collection jobs
What cities are hiring for Credit Collection jobs? Cities with the most Credit Collection job openings:
What states have the most Credit Collection jobs? States with the most job openings for Credit Collection jobs include:
Infographic showing various Credit Collection job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 66% Full Time, 31% Part Time, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $51,059 per year, or $24.5 per hour.
Credit Collection Specialist 1

Credit Collection Specialist 1

Crown Equipment Corporation

New Bremen, OH • On-site

Full-time

Posted 28 days ago


Crown Equipment Corporation rating

8.0

Company rating: 8.0 out of 10

Based on 248 frontline employees who took The Breakroom Quiz

142nd of 419 rated machine equipment manufacturers


Job description

Job Posting External
Job Duties
  • Customer Collection Activities - Maintain regular communication with customers to assure that assigned accounts are kept in current status and payment is forthcoming. Provide customer service and maintain appropriate documentation of collection procedures performed to reference for future communications. Follow up in a timely manner on past due invoices. Proactively confirm approval of all larger invoices with key customers. Enlist the efforts of Branch Management, General Managers, and Directors to accelerate the collection process.
  • Credit Review - Monitor credit status on all assigned accounts. Coordinate and work with Regional Credit Specialist on resolution. Assist Collection Specialist Regional with research and resolve of past due accounts. Research customers through Dunn & Bradstreet, Company history, and other internet sources to determine risk. Follow up with customers on delinquent accounts to determine approval of orders
  • Report Preparation and Review - Review portfolio using Accounts Receivable (AR) Metrics & Detail Reports. Prepare and review portfolio and aging reports with Branch Management team and customers on monthly basis. Review portfolio with Supervisor on monthly basis.
  • Miscellaneous - Monitor credit status on all assigned accounts. Research and reconcile account history as needed. Process electronic payments as requested. Perform accounting adjustments as needed. Perform other duties as assigned.

Minimum Qualifications
  • Less than 2 years related experience
  • Associate degree (Accounting)
  • Non-degree considered if 6+ years of related experience along with a high school diploma or GED
  • Per 8-hour shift. Sit 8 hours and stand 0 hours. Typical office environment (low noise level, limited exposure hot/cold temperatures, dust, fumes, and vibrations). Regular interaction with others and performs a degree of independent work. Physical and mental demands are akin to the majority of office positions with prolonged periods of sitting and prolonged use of a computer/keyboard. Infrequent lifting, walking and climbing stairs. Occasional use of office equipment (copiers, printers, etc.).

Preferred Qualifications
  • Attention to detail and ability to work independently with appropriate guidance.
  • Analytical and objective decision-making skills.
  • Good communication skills and problem-solving capabilities.
  • Good computer skills.
  • Ability to multitask and work in fast-paced environment.

What Crown Equipment Corporation employees say

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About Crown Equipment

Sourced by ZipRecruiter

Crown Equipment Corporation is a leading innovator in world-class forklift and material handling equipment and technology. As one of the world's largest lift truck manufacturers, we are committed to providing the customer with the safest, most efficient and ergonomic lift truck possible to lower their total cost of ownership.

Industry

Trucking and warehousing and storage

Company size

10,000+ Employees

Headquarters location

New Bremen, OH, US

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