How much does a Collections Specialist make?

Updated Jun 16, 2021

Industry

Employer Size

Experience

$37,123 /yr
Average Base Pay

2,132 salaries

$27K

Low

$37K

Average

$50K

High

No additional cash compensation has been reported for this role

The national average salary for a Collections Specialist is $37,123 in United States. Filter by location to see Collections Specialist salaries in your area. Salary estimates are based on 2,132 salaries submitted anonymously to Glassdoor by Collections Specialist employees.

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Related Job Titles

Accounts Receivable

$40,086

per year

View SalariesSee Open Jobs

Accounts Receivable Specialist

$41,503

per year

Collections Manager

$57,155

per year

Collections Supervisor

$53,633

per year

Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

Wells Fargo
3.6

Wells Fargo

Collections Specialist

$44,284

 /yr
Range: $31K - $64K
94 salaries
See 62 salaries from all locations

$31K

$64K

$31,415 - $63,995 Range

CROSSMARK
3.2

CROSSMARK

Collections Specialist

$38,596

 /yr
Range: $36K - $45K

$36K

$45K

$35,710 - $45,000 Range

Bank of America
4

Bank of America

Collections Specialist - Hourly

$19

 /hr
Range: $15 - $23

$15

$23

$15 - $23 Range

J.P. Morgan
4

J.P. Morgan

Collections Specialist - Hourly

$19

 /hr
Range: $14 - $32

$14

$32

$14 - $32 Range

Discover
3.9

Discover

Collections Specialist - Hourly

$16

 /hr
Range: $11 - $20

$11

$20

$11 - $20 Range

Alliance Data
3.3

Alliance Data

Collections Specialist - Hourly

$18

 /hr
Range: $14 - $31

$14

$31

$14 - $31 Range

Account Control Technology
3.7

Account Control Technology

Collections Specialist - Hourly

$15

 /hr
Range: $13 - $19

$13

$19

$13 - $19 Range

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Parallon
3.4

Parallon

Collections Specialist - Hourly

$17

 /hr
Range: $13 - $19

$13

$19

$13 - $19 Range

Republic Services
3.6

Republic Services

Collections Specialist

$36,849

 /yr
Range: $30K - $52K

$30K

$52K

$29,721 - $52,141 Range

American Express
4.2

American Express

Collections Specialist - Hourly

$20

 /hr
Range: $18 - $24

$18

$24

$18 - $24 Range

PayPal
4.1

PayPal

Collections Specialist - Hourly

$18

 /hr
Range: $15 - $27

$15

$27

$15 - $27 Range

Ally Financial
4.2

Ally Financial

Collections Specialist - Hourly

$18

 /hr
Range: $16 - $27

$16

$27

$16 - $27 Range

Chase
3.7

Chase

Collections Specialist - Hourly

$17

 /hr
Range: $15 - $23

$15

$23

$15 - $23 Range

Delta Management Associates
3

Delta Management Associates

Collections Specialist - Hourly

$16

 /hr
Range: $12 - $23

$12

$23

$12 - $23 Range

Option Care Health
2.9

Option Care Health

Collections Specialist - Hourly

$19

 /hr
Range: $17 - $21

$17

$21

$17 - $21 Range

U.S. Bank
3.7

U.S. Bank

Collections Specialist - Hourly

$17

 /hr
Range: $15 - $21

$15

$21

$15 - $21 Range

Conn's
4

Conn's

Collections Specialist - Hourly

$14

 /hr
Range: $13 - $17

$13

$17

$13 - $17 Range

Navient
3.7

Navient

Collections Specialist - Hourly

$15

 /hr
Range: $14 - $22

$14

$22

$14 - $22 Range

Premiere Credit
3.1

Premiere Credit

Collections Specialist - Hourly

$16

 /hr
Range: $11 - $21

$11

$21

$11 - $21 Range

CarMax
3.7

CarMax

Collections Specialist - Hourly

$16

 /hr
Range: $13 - $27

$13

$27

$13 - $27 Range

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If you are thinking of becoming a Collections Specialist or planning the next step in your career, find details about the role, the career path and salary trajectory of a Collections Specialist.

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Recent Salary Reports

Below are the most recent collections specialist salary reports. Employer name has been removed to protect anonymity.

$43,000
per year
A Student Debt Collector in the Denver, CO Area area reported making $43,000 per year
Job Highlights
1-2 years experience
Denver, CO Area area
Full-time
 
51 to 200 employees
College / University
$51,000
per year
A Collections Specialist in the Los Angeles, CA Area area reported making $51,000 per year
Job Highlights
5-7 years experience
Los Angeles, CA Area area
Full-time
 
1001 to 5000 employees
Company - Public
$44,877
per year
A Key Account Collector in the Norfolk, VA Area area reported making $44,877 per year
Job Highlights
Norfolk, VA Area area
Full-time
 
501 to 1000 employees
Subsidiary or Business Segment
$22
hourly
A Collections Specialist in the Miami-Fort Lauderdale, FL Area area reported making $22 per hour
Job Highlights
Miami-Fort Lauderdale, FL Area area
Full-time
 
10000+ employees
Company - Public
$18
hourly
A Collections Specialist in the Dallas-Fort Worth, TX Area area reported making $18 per hour
Job Highlights
Dallas-Fort Worth, TX Area area
Full-time
 
5001 to 10000 employees
Company - Public
$50,000
per year
An A/R Specialist in the Cincinnati, OH Area area reported making $50,000 per year
Job Highlights
1-2 years experience
Cincinnati, OH Area area
 
Full-time
1001 to 5000 employees
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