Salary for Bill and Account Collectors

Also known as:  Accounts Collector, Bill Collector, Billing Representative, Collection Agent, Collections Clerk, Collections Representative, Debt Collector, Installment Agent, Installment Loan Collector, Insurance Collector

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Bill and account collectors are individuals who contact debtors and try to collect an outstanding payment or balance due for a product or service. Creditors provide collectors with files of those with these outstanding debts when they are unable to attain satisfactory results on their own. Although most bill and account collectors handle collections via telephone, in-person visits may become necessary when the calls do not find the results expected. Bill and account collectors need to have a high school diploma to fill the position, as well as be persuasive, good under pressure and organized.

A Bill or Account Collector can earn a compensation of somewhere between 24000 to 36000 depending on education and tenure levels. Bill and Account Collectors get a salary of Thirty Three Thousand One Hundred dollars every year.

Bill and Account Collectors obtain the highest salaries in Massachusetts, where they get an average pay rate of approximately $39310. Employees who work in this career can obtain the highest pay in Public Administration, where they can earn an average pay rate of $41740.

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The national wage distribution is shown below. To overlay local salaries for a Bill or Account Collector, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 13.96 percent nationwide in that time.
INDUSTRIES
Bill and Account Collectors tend to make the most in the following industries
Utilities $41,740
Public Administration $37,660
Manufacturing $37,480
Information $37,300
Educational Services $36,920
Wholesale Trade $36,660
In general, they earn less within the industries below
Administrative, Support and Waste Management Services $30,040
Other Services (except Public Administration) $30,280
Arts, Entertainment, and Recreation $30,680
Retail Trade $31,820
Real Estate and Rental and Leasing $32,580
Transportation and Warehousing $32,680
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