Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between collectors and collectionss, customer service 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 a collections, customer service. Additionally, a collector has an average salary of $34,872, which is higher than the $32,870 average annual salary of a collections, customer service.
The top three skills for a collector include patients, customer service and payment arrangements. The most important skills for a collections, customer service are strong customer service, customer service, and payment arrangements.
| Collector | Collections, Customer Service | |
| Yearly salary | $34,872 | $32,870 |
| Hourly rate | $16.77 | $15.80 |
| Growth rate | -8% | -8% |
| Number of jobs | 23,948 | 161,544 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 31% | High School Diploma, 33% |
| 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.
A collections customer service or collections agent is the person who is in charge of collecting past-due bill payments. Collections agents establish a list of individuals who failed to make their payments. They organize the list based on the severity of their delinquency. It is their task to find the location of the customers through background checks, credit bureau information, and loan documents. Those who are interested in this job should develop skills in intuition, quick thinking, problem-solving, and communication.
Collectors and collectionss, customer service have different pay scales, as shown below.
| Collector | Collections, Customer Service | |
| Average salary | $34,872 | $32,870 |
| Salary range | Between $27,000 And $44,000 | Between $27,000 And $39,000 |
| Highest paying City | Los Angeles, CA | Danvers, MA |
| Highest paying state | Alaska | Virginia |
| Best paying company | Uline | University of California |
| Best paying industry | Finance | Automotive |
There are a few differences between a collector and a collections, customer service in terms of educational background:
| Collector | Collections, Customer Service | |
| Most common degree | Bachelor's Degree, 31% | High School Diploma, 33% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between collectors' and collectionss, customer service' demographics:
| Collector | Collections, Customer Service | |
| Average age | 46 | 46 |
| Gender ratio | Male, 36.0% Female, 64.0% | Male, 29.3% Female, 70.7% |
| 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, 11.4% Unknown, 4.2% Hispanic or Latino, 20.3% Asian, 3.8% White, 59.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |