There is more than meets the eye when it comes to being a debt collector. For example, did you know that they make an average of $15.52 an hour? That's $32,291 a year!
Between 2018 and 2028, the career is expected to grow -8% and produce -19,400 job opportunities across the U.S.
There are certain skills that many debt collectors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed empathy, physical stamina and good judgment.
When it comes to the most important skills required to be a debt collector, we found that a lot of resumes listed 9.5% of debt collectors included payment arrangements, while 7.7% of resumes included inbound calls, and 7.7% of resumes included delinquent accounts. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the debt collector job title. But what industry to start with? Most debt collectors actually find jobs in the health care and professional industries.
If you're interested in becoming a debt collector, one of the first things to consider is how much education you need. We've determined that 21.2% of debt collectors have a bachelor's degree. In terms of higher education levels, we found that 2.8% of debt collectors have master's degrees. Even though some debt collectors have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a debt collector. When we researched the most common majors for a debt collector, we found that they most commonly earn high school diploma degrees or bachelor's degree degrees. Other degrees that we often see on debt collector resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a debt collector. In fact, many debt collector jobs require experience in a role such as customer service representative. Meanwhile, many debt collectors also have previous career experience in roles such as cashier or sales associate.