Credit adjuster vs collections/accounts receivable

The differences between credit adjusters and collections/accounts receivables can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a credit adjuster and a collections/accounts receivable. Additionally, a credit adjuster has an average salary of $40,686, which is higher than the $38,949 average annual salary of a collections/accounts receivable.

The top three skills for a credit adjuster include credit card, auto loans and delinquent accounts. The most important skills for a collections/accounts receivable are customer service, patients, and delinquent accounts.

Credit adjuster vs collections/accounts receivable overview

	Credit Adjuster	Collections/Accounts Receivable
Yearly salary	$40,686	$38,949
Hourly rate	$19.56	$18.73
Growth rate	-8%	-8%
Number of jobs	13,826	30,523
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 40%
Average age	46	46
Years of experience	12	12

Credit adjuster vs collections/accounts receivable salary

Credit adjusters and collections/accounts receivables have different pay scales, as shown below.

	Credit Adjuster	Collections/Accounts Receivable
Average salary	$40,686	$38,949
Salary range	Between $28,000 And $57,000	Between $30,000 And $49,000
Highest paying City	-	Boston, MA
Highest paying state	-	Connecticut
Best paying company	-	Apollo Global Management
Best paying industry	-	Finance

Differences between credit adjuster and collections/accounts receivable education

There are a few differences between a credit adjuster and a collections/accounts receivable in terms of educational background:

	Credit Adjuster	Collections/Accounts Receivable
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	-	-

Credit adjuster vs collections/accounts receivable demographics

Here are the differences between credit adjusters' and collections/accounts receivables' demographics:

	Credit Adjuster	Collections/Accounts Receivable
Average age	46	46
Gender ratio	Male, 33.8% Female, 66.2%	Male, 25.3% Female, 74.7%
Race ratio	Black or African American, 11.1% Unknown, 4.0% Hispanic or Latino, 18.8% Asian, 3.6% White, 62.0% American Indian and Alaska Native, 0.5%	Black or African American, 12.0% Unknown, 4.1% Hispanic or Latino, 20.1% Asian, 3.8% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between credit adjuster and collections/accounts receivable duties and responsibilities

Credit adjuster example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
Prepare SBA require purchase/demand packets and wrap-up reports ensuring awareness of government compliance processes and expectations.

Collections/accounts receivable example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Work accounts receivable for Medicaid verification and payments.
Work remittance advice from Medicaid ensuring accuracy of payments.
Research and obtain extensive knowledge of FDCPA debt recovery laws and assist in recovering commercial debt from organizations.
Communicate effectively with patients, physicians, hospital staff, and insurance representatives to ensure accuracy in claims processing.
Review claims to determine if process correctly and if necessary, direct patients to contact insurance companies regarding additional benefit questions.

Credit adjuster vs collections/accounts receivable skills

Common credit adjuster skills

Credit Card, 16%
Auto Loans, 15%
Delinquent Accounts, 15%
Outbound Calls, 11%
Customer Accounts, 10%
Mortgage Loans, 10%

Common collections/accounts receivable skills

Customer Service, 21%
Patients, 6%
Delinquent Accounts, 5%
Credit Card Payments, 5%
Past Due Accounts, 5%
Customer Accounts, 5%

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Credit Adjuster
Credit Adjuster vs Collections/Accounts Receivable

Updated January 8, 2025

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