Collector
Coos Bay, OR · On-site
Manage multiple account queues throughout different stages of the collection process. * Ensure full compliance with federal, state, and company regulations and policies. * Work on-site in an office ...
Quick apply
Collector
Coos Bay, OR · On-site
Manage multiple account queues throughout different stages of the collection process. * Ensure full compliance with federal, state, and company regulations and policies. * Work on-site in an office ...
Debt Collection information
See Remote, OR salary details
$7.20 - $9.85
5% of jobs
$9.85 - $12.49
0% of jobs
$12.49 - $15.13
5% of jobs
$15.13 - $17.77
13% of jobs
$17.97 is the 25th percentile. Wages below this are outliers.
$17.77 - $20.41
24% of jobs
The median wage is $20.85 / hr.
$20.41 - $23.05
16% of jobs
$23.05 - $25.70
8% of jobs
$26.92 is the 75th percentile. Wages above this are outliers.
$25.70 - $28.34
7% of jobs
$28.34 - $30.98
6% of jobs
$30.98 - $33.62
5% of jobs
$33.62 - $36.26
9% of jobs
$7
$22
$36
How much do debt collection jobs pay per hour?
As of Jun 22, 2026, the average hourly pay for debt collection in Remote, OR is $22.97, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $28.56 per hour, depending on experience, location, and employer.
What is a simple definition of debt?
Debt is money owed by an individual or organization to another party, typically resulting from borrowing funds or receiving credit. In debt collection jobs, understanding the nature of debt helps in communicating with debtors and managing repayment processes effectively.
What are the key skills and qualifications needed to thrive as a Debt Collector, and why are they important?
To thrive as a Debt Collector, you need strong negotiation abilities, knowledge of financial regulations, and typically a high school diploma or equivalent. Familiarity with collections management software, customer relationship management (CRM) systems, and sometimes certification in debt collection practices is beneficial. Excellent communication, resilience, and problem-solving skills help build rapport and handle difficult conversations with debtors. These skills are crucial for maximizing successful collections while maintaining compliance and positive client relationships.
What is the difference between Debt Collection vs Credit Analyst?
| Aspect | Debt Collection | Credit Analyst |
|---|---|---|
| Required Credentials | High school diploma, sometimes certifications in collections | Bachelor's degree in finance, economics, or related field |
| Work Environment | Collections agencies, banks, or credit firms; often fast-paced and target-driven | Banking institutions, corporations; analytical and office-based |
| Employer & Industry Usage | Used by debt collection agencies, financial institutions | Used by banks, credit companies, and financial services |
Debt Collection and Credit Analyst roles share some financial knowledge but differ in focus. Debt collectors primarily recover overdue payments, often working in high-pressure environments, while credit analysts evaluate creditworthiness to inform lending decisions. Both roles require financial understanding but serve different functions within the credit industry.
What happens after 7 years of not paying debt?
In debt collection, unpaid debts typically become time-barred after seven years, meaning creditors can no longer sue to collect the debt. However, the debt may still appear on your credit report for up to seven to ten years, potentially affecting your credit score. As a debt collector, understanding statutes of limitations and credit reporting rules is essential for advising clients or managing collections effectively.
How to pay off $50,000 in debt in 1 year?
A debt collection professional can assist by negotiating payment plans or settlements with creditors to reduce the debt amount. Managing such a large debt within a year requires disciplined budgeting, increasing income through additional work or sales, and possibly consolidating debt to lower interest rates. Strong organizational skills and financial knowledge are essential for developing effective repayment strategies.
What are some common challenges faced by debt collectors and how can they be managed effectively?
Debt collectors often encounter challenges such as dealing with uncooperative or distressed customers, managing high call volumes, and adhering to strict regulatory requirements. Effective communication skills, empathy, and resilience are crucial for handling difficult conversations and finding solutions that work for both the debtor and the organization. Many companies provide ongoing training, team support, and access to compliance resources to help collectors navigate these challenges and maintain high ethical standards.
What is debt collection?
Debt collection is the process of pursuing payments of debts owed by individuals or businesses. Collection agencies or internal company departments contact debtors to recover outstanding amounts, often after the original creditor has been unsuccessful in collecting the debt. The process may involve phone calls, written notices, and in some cases, legal action. Debt collectors must follow regulations that protect consumers, such as the Fair Debt Collection Practices Act (FDCPA) in the United States. The goal is to recover as much of the owed amount as possible while complying with legal and ethical standards.
Is $20,000 a lot of debt?
In debt collection, $20,000 is considered a significant amount of debt that may require specialized negotiation skills and understanding of debt laws. Collectors often prioritize larger debts and may use various tools to recover the amount owed. The severity of the debt can influence the collection process and strategies used by professionals in the field.
What job categories do people searching Debt Collection jobs in Remote, OR look for? The top searched job categories for Debt Collection jobs in Remote, OR are:
What cities near Remote, OR are hiring for Debt Collection jobs? Cities near Remote, OR with the most Debt Collection job openings:
Full-time
Posted 5 days ago
Job description
Salary: $18.85 / hour
Join Our Team at Western Mercantile Agency, Inc. Full-Time Collector Position Available
Western Mercantile Agency, Inc. (WMA) is a trusted, community-oriented company with a strong reputation built over decades. Our mission is to deliver a vital financial service that supports the economic flow between clients and their customers. By helping recover inactive funds, we contribute to a healthier local economy and exceed industry standards.
As the collections industry continues to evolve, were looking for someone who is adaptable, quick to learn, and ready to grow with us. This role requires excellent communication, attention to detail, and the ability to follow direction and meet performance goals. We invest in top talent and provide the training needed for your success.
Position Requirements:
- Minimum of 1 year of verified general office experience.
- Strong computer proficiency, including internet research and navigation.
- Excellent written and verbal communication skills.
What We Expect:
- Highly motivated, assertive, and self-starting personality.
- Ability to learn quickly and thrive in a fast-paced office environment.
- Strong listening skills and a competitive, goal-driven mindset.
Job Responsibilities (after training):
- Contact consumers to arrange payments and conduct skip-tracing to locate individuals.
- Use phone and internet tools to find the right contact and negotiate payment terms.
- Review account data and ask relevant questions to overcome objections and secure payments.
- Accurately document all call outcomes, new information, and notes within our system.
- Manage multiple account queues throughout different stages of the collection process.
- Ensure full compliance with federal, state, and company regulations and policies.
- Work on-site in an office environment, handling phone calls, data entry, and digital information daily.
Position Details:
- Hours: Full-time, MondayFriday, 8:00 a.m. 5:00 p.m. (40 hours/week)
- Pay: $18.85/hour with a raise upon completion of probationary period
How to Apply:
Submit your resume in person, via Indeed.com, or through our website at westernmerc.com.
Start your career with a company that values your growth and contribution. We look forward to meeting you!