Credit adjuster vs credit and collections analyst

The differences between credit adjusters 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 credit adjuster and a credit and collections analyst. Additionally, a credit and collections analyst has an average salary of $49,262, which is higher than the $40,686 average annual salary of a credit adjuster.

The top three skills for a credit adjuster include credit card, auto loans and delinquent accounts. The most important skills for a credit and collections analyst are customer service, credit limits, and past due accounts.

Credit adjuster vs credit and collections analyst overview

	Credit Adjuster	Credit And Collections Analyst
Yearly salary	$40,686	$49,262
Hourly rate	$19.56	$23.68
Growth rate	-8%	-8%
Number of jobs	13,826	18,105
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 52%
Average age	46	46
Years of experience	12	12

Credit adjuster vs credit and collections analyst salary

Credit adjusters and credit and collections analysts have different pay scales, as shown below.

	Credit Adjuster	Credit And Collections Analyst
Average salary	$40,686	$49,262
Salary range	Between $28,000 And $57,000	Between $35,000 And $69,000
Highest paying City	-	Bridgewater, NJ
Highest paying state	-	Connecticut
Best paying company	-	Vishay
Best paying industry	-	Finance

Differences between credit adjuster and credit and collections analyst education

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

	Credit Adjuster	Credit And Collections Analyst
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 52%
Most common major	Business	Business
Most common college	-	-

Credit adjuster vs credit and collections analyst demographics

Here are the differences between credit adjusters' and credit and collections analysts' demographics:

	Credit Adjuster	Credit And Collections Analyst
Average age	46	46
Gender ratio	Male, 33.8% Female, 66.2%	Male, 30.0% Female, 70.0%
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, 4.0% Hispanic or Latino, 20.5% Asian, 3.6% White, 59.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between credit adjuster and credit and collections analyst 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.

Credit and collections analyst example responsibilities.

Represent and lead the collections' team during executive management weekly conference calls providing updates on the delinquent A/R reports.
Identify and submit financial adjustments using SOX controls and GAAP accounting principles, increasing monthly AR collection.
Develop and maintain detailed spreadsheets on all UCC activity for the branch for tracking purposes and follow-up.
Establish the UCC filing template and liaise with agent bank to get UCC filing in due time.
Oversee the DSO level and negotiate account settlements, payment plans, and attend small claims court for small businesses.
Attend regular credit meetings with order management, sales, treasury, and revenue recognition groups to resolve business issues.

Credit adjuster vs credit and collections analyst skills

Common credit adjuster skills

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

Common credit and collections analyst skills

Customer Service, 18%
Credit Limits, 5%
Past Due Accounts, 5%
Delinquent Accounts, 4%
Financial Statements, 4%
Credit Card Payments, 3%

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Credit Adjuster
Credit Adjuster vs Credit And Collections Analyst

Updated January 8, 2025

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