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Credit Collections Jobs in Fennimore, WI (NOW HIRING)

Premier Community Bank

Credit Analyst

Pulaski, WI · On-site

As a Credit Analyst, you'll play an important role in supporting our lending team. You'll help gather and review financial information for current and potential loan customers, and assist in ...

All JobsCredit Collections JobsCredit Collections Jobs in Fennimore, WI

Credit Collections information

See Fennimore, WI salary details

$13

$21

$30

How much do credit collections jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for credit collections in Fennimore, WI is $21.88, according to ZipRecruiter salary data. Most workers in this role earn between $18.65 and $24.86 per hour, depending on experience, location, and employer.

Can you make good money in credit collections?

Credit collections professionals can earn a competitive salary, often supplemented by commissions or bonuses based on recovery rates. Earnings vary depending on experience, location, and the size of the portfolio managed, with some collectors earning above average wages in the industry.

What qualifications do I need to be a credit collections specialist?

To become a credit collections specialist, a high school diploma or equivalent is typically required, with some employers preferring post-secondary education or relevant experience. Strong communication, negotiation skills, and familiarity with debt collection software or customer management systems are important. Certifications such as the Certified Collections Professional (CCP) can enhance job prospects.

What are some common challenges faced in a credit collections role, and how are they typically addressed?

Professionals in Credit Collections often encounter challenges such as negotiating with customers who are experiencing financial difficulties, managing a high volume of accounts, and maintaining positive customer relationships while ensuring timely payments. These challenges are typically addressed through strong communication and negotiation skills, using customer relationship management (CRM) tools to track interactions, and collaborating closely with sales and finance teams to resolve disputes. Ongoing training in conflict resolution and staying updated on company policies also help collections specialists navigate these situations effectively.

What are the key skills and qualifications needed to thrive as a credit collections specialist?

To thrive as a Credit Collections Specialist, you need a solid understanding of accounting principles, credit management, and collections processes, typically supported by a relevant degree or equivalent experience. Familiarity with collections software, CRM systems, and proficiency in Excel are often required, along with knowledge of relevant regulations. Excellent negotiation, communication, and problem-solving skills help professionals handle challenging conversations and build positive client relationships. These skills are crucial for maximizing recoveries, maintaining customer goodwill, and ensuring compliance with legal standards.

What is credit collections?

Credit Collections refers to the process of recovering unpaid debts from individuals or businesses who have borrowed money or purchased goods or services on credit. Professionals in this field work to ensure that overdue accounts are paid, often by contacting customers, negotiating payment plans, and sometimes initiating legal action if necessary. The goal is to minimize financial losses for the company while maintaining positive customer relationships whenever possible. Credit Collections specialists must have strong communication and negotiation skills, as well as a good understanding of financial regulations and company policies.
What cities near Fennimore, WI are hiring for Credit Collections jobs? Cities near Fennimore, WI with the most Credit Collections job openings:
Credit Collections jobs near you

Collections Representative

Marine Credit Union

Platteville, WI

$16.75 - $21.50/hr

Full-time

Re-posted 3 days ago

Job description

Responsible for daily contact of past due MCU relationships, with a focus on problem resolution, minimizing
losses and maximizing relationships for Marine Credit Union. CDRs must ensure a high level of service to
our members and adhere to strict compliance with Federal and State laws and regulations relating to credit
and collections.
Duties and Responsibilities:
Contact daily assigned collection routes and continue until worked to completing.
Document relationships and problem resolutions using the quality collection principles.
Develop and implements strategies to fully resolve past due balances.
Research and skip trace of past due members to make contact.
Strict adherence to all regulatory and legal compliance with Federal and State credit and collection laws.
Identify delinquent accounts and establish priorities for taking action to repossess, foreclose, and take
possession of collateral security to reduce losses.
Mail legal documents and notices in compliance with state and federal regulations
Audit repossession documents for completeness and accuracy and identify trends and issues.
Monitor bankruptcy payments and initiate modification according to MCU policy & procedures.
Effectively liaise with regional, district and branch managers on collection activities.
Ensure each member is treated with dignity and respect and receives quality member service.
Represent MCU in litigation related to collection activities.
Other duties as assigned.
Knowledge, Skills, and Abilities:
In depth knowledge of current federal and state rules and regulations regarding credit and collection
activities.
Education and Experience:
Bachelor's Degree in business related field is preferred but not required.
Minimum of 1 year knowledge of effective Collection experience preferred including repossession,
judgement, and garnishment, preferably in a credit union or retail bank.
Experience working in a process-oriented environment with importance placed on attention to detail.
Previous consumer lending experience is a plus.
Physical Requirements (with or without accommodation):
Long periods of sitting will occur regularly.
Occasional lifting and/or moving 15 lbs or less.
Use of a computer and telephone required.
Occasional bending, stooping, or crouching may be required.
This job description is not a complete statement of all duties and responsibilities comprising this position.Employment Type: Full-Time

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