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The differences between collections assistants and credit and collections analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collections assistant and a credit and collections analyst. Additionally, a credit and collections analyst has an average salary of $49,262, which is higher than the $38,063 average annual salary of a collections assistant.
The top three skills for a collections assistant include patients, data collection and delinquent accounts. The most important skills for a credit and collections analyst are customer service, credit limits, and past due accounts.
| Collections Assistant | Credit And Collections Analyst | |
| Yearly salary | $38,063 | $49,262 |
| Hourly rate | $18.30 | $23.68 |
| Growth rate | -8% | -8% |
| Number of jobs | 11,335 | 18,105 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
Collections assistants and credit and collections analysts have different pay scales, as shown below.
| Collections Assistant | Credit And Collections Analyst | |
| Average salary | $38,063 | $49,262 |
| Salary range | Between $29,000 And $48,000 | Between $35,000 And $69,000 |
| Highest paying City | New Haven, CT | Bridgewater, NJ |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Calvin Klein | Vishay |
| Best paying industry | Health Care | Finance |
There are a few differences between a collections assistant and a credit and collections analyst in terms of educational background:
| Collections Assistant | Credit And Collections Analyst | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between collections assistants' and credit and collections analysts' demographics:
| Collections Assistant | Credit And Collections Analyst | |
| Average age | 46 | 46 |
| Gender ratio | Male, 27.7% Female, 72.3% | Male, 30.0% Female, 70.0% |
| Race ratio | Black or African American, 12.4% Unknown, 4.2% Hispanic or Latino, 19.8% Asian, 3.9% White, 59.3% American Indian and Alaska Native, 0.5% | Black or African American, 12.0% Unknown, 4.0% Hispanic or Latino, 20.5% Asian, 3.6% White, 59.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |