Credit negotiator vs credit representative

The differences between credit negotiators and credit representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit negotiator and a credit representative. Additionally, a credit negotiator has an average salary of $207,848, which is higher than the $39,268 average annual salary of a credit representative.

The top three skills for a credit negotiator include outbound calls, consumer debt and collection agencies. The most important skills for a credit representative are customer service, customer accounts, and patients.

Credit negotiator vs credit representative overview

	Credit Negotiator	Credit Representative
Yearly salary	$207,848	$39,268
Hourly rate	$99.93	$18.88
Growth rate	-	-8%
Number of jobs	5,458	73,520
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 47%
Average age	39	39
Years of experience	2	2

Credit negotiator vs credit representative salary

Credit negotiators and credit representatives have different pay scales, as shown below.

	Credit Negotiator	Credit Representative
Average salary	$207,848	$39,268
Salary range	Between $100,000 And $431,000	Between $28,000 And $54,000
Highest paying City	-	White Plains, NY
Highest paying state	-	New York
Best paying company	-	Systemax
Best paying industry	-	Construction

Differences between credit negotiator and credit representative education

There are a few differences between a credit negotiator and a credit representative in terms of educational background:

	Credit Negotiator	Credit Representative
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 47%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit negotiator vs credit representative demographics

Here are the differences between credit negotiators' and credit representatives' demographics:

	Credit Negotiator	Credit Representative
Average age	39	39
Gender ratio	Male, 40.5% Female, 59.5%	Male, 29.5% Female, 70.5%
Race ratio	Black or African American, 8.4% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 8.6% White, 70.1% American Indian and Alaska Native, 0.3%	Black or African American, 8.3% Unknown, 2.7% Hispanic or Latino, 10.0% Asian, 7.8% White, 71.0% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit negotiator and credit representative duties and responsibilities

Credit negotiator example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations.
Represent company in arbitration settlement negotiations that result in an agreement to obtain governmental approval for the sale of the business.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Credit representative example responsibilities.

Manage portfolio utilizing AS400 and GetPaid systems.
Manage all credit files and process credit reports from various credit reporting sources including TRW and Dunn & Bradstreet.
Manage customer relations with internal personnel, group administrators, brokers and members as related to Medicare insurance.
Apply customer credit card and ACH payments.
Perform the posting of checks refunds and credit cards into the AS400 database.
Collect invoices through wire payment, ACH payments, and overnight mail options.

Credit negotiator vs credit representative skills

Common credit negotiator skills

Outbound Calls, 29%
Consumer Debt, 19%
Collection Agencies, 11%
Computer System, 11%
POA, 10%
Inbound Calls, 6%

Common credit representative skills

Customer Service, 22%
Customer Accounts, 6%
Patients, 5%
Credit Card Payments, 4%
Credit Balances, 4%
Payment Arrangements, 4%

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Business and Financial Industry
Credit Negotiator
Credit Negotiator vs Credit Representative

Updated January 8, 2025

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