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The differences between collectors and account representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collector and an account representative. Additionally, an account representative has an average salary of $36,977, which is higher than the $34,872 average annual salary of a collector.
The top three skills for a collector include patients, customer service and payment arrangements. The most important skills for an account representative are customer service, patients, and patient accounts.
| Collector | Account Representative | |
| Yearly salary | $34,872 | $36,977 |
| Hourly rate | $16.77 | $17.78 |
| Growth rate | -8% | -8% |
| Number of jobs | 23,948 | 183,446 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 31% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
Collectors are responsible for monitoring and providing immediate actions for client accounts with overdue payments. Collectors must be able to contact clients through phone or e-mail. A collector's duty also includes negotiating on payment procedures and offering repayment plans and alternative payment solutions to free the debt. Collectors need to document any agreements made to the client, updating and verifying contact information, resolving account discrepancies and client complaints, and report escalated concerns to the management.
Account representatives are employees who manage client accounts and act as the main contact of the clients they are handling. They maintain existing accounts by updating client details regularly. They also check up on clients to see if they are still satisfied with the products or services of the company. They also create new accounts by welcoming new clients and assisting them in their needs. Account representatives manage client inquiries and process client requests. They also address complaints and ensure that any challenges are mitigated and that clients remain with the company.
Collectors and account representatives have different pay scales, as shown below.
| Collector | Account Representative | |
| Average salary | $34,872 | $36,977 |
| Salary range | Between $27,000 And $44,000 | Between $26,000 And $51,000 |
| Highest paying City | Los Angeles, CA | Los Angeles, CA |
| Highest paying state | Alaska | California |
| Best paying company | Uline | New Relic |
| Best paying industry | Finance | Finance |
There are a few differences between a collector and an account representative in terms of educational background:
| Collector | Account Representative | |
| Most common degree | Bachelor's Degree, 31% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between collectors' and account representatives' demographics:
| Collector | Account Representative | |
| Average age | 46 | 46 |
| Gender ratio | Male, 36.0% Female, 64.0% | Male, 33.6% Female, 66.4% |
| Race ratio | Black or African American, 12.1% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.5% American Indian and Alaska Native, 0.5% | Black or African American, 12.5% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 3.9% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |