A person working as a Collection Agent in United States of America will on average earn $32672 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $32,672.00 |
| Weekly salary | $628.31 |
| Daily salary | $89.51 |
| Hourly salary | $11.19 |
This means collection agent salary is below average!
Job Industry: finance
Description: A collection agent is a professional responsible for recovering outstanding debts on behalf of companies or financial institutions. Their main role is to contact individuals or businesses who have overdue payments and negotiate payment arrangements, settlements, or repayment plans. Collection agents utilize various communication methods such as phone calls, emails, and letters to reach out to debtors and attempt to collect the owed funds. They must possess excellent negotiation and persuasion skills to convince debtors to fulfill their financial obligations. Additionally, collection agents may also perform skip tracing to locate debtors who have changed their contact information or are intentionally avoiding payment.
Tagged with: Collection agent, Debt recovery, Negotiation skills, Debt collection, Financial services, Skip tracing