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The differences between debt collectors and account representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a debt collector and an account representative. Additionally, an account representative has an average salary of $36,977, which is higher than the $33,865 average annual salary of a debt collector.
The top three skills for a debt collector include customer service, outbound calls and payment arrangements. The most important skills for an account representative are customer service, patients, and patient accounts.
| Debt Collector | Account Representative | |
| Yearly salary | $33,865 | $36,977 |
| Hourly rate | $16.28 | $17.78 |
| Growth rate | -8% | -8% |
| Number of jobs | 23,385 | 183,446 |
| Job satisfaction | - | - |
| Most common degree | High School Diploma, 34% | Bachelor's Degree, 52% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
Debt collectors are also known as collection agencies and are responsible for recovering past due debts. Most of them are hired by companies to collect debt either for a fee or a percentage of the total amount recovered. Also, some debt collectors buy delinquent debts at a discount and seek to collect the debt's full amount. They have many strategies to collect debts, including calling debtor's phones, sending letters, and even visiting them at their home. However, if debtors fail to pay their due, debt collectors can either update the debtor's credit report or sue them over debt. Once sued and debtors ignore court hearings and lose by default, results could either be garnishment on debtor'debtors' wages or levies on their bank.
Account representatives are employees who manage client accounts and act as the main contact of the clients they are handling. They maintain existing accounts by updating client details regularly. They also check up on clients to see if they are still satisfied with the products or services of the company. They also create new accounts by welcoming new clients and assisting them in their needs. Account representatives manage client inquiries and process client requests. They also address complaints and ensure that any challenges are mitigated and that clients remain with the company.
Debt collectors and account representatives have different pay scales, as shown below.
| Debt Collector | Account Representative | |
| Average salary | $33,865 | $36,977 |
| Salary range | Between $26,000 And $43,000 | Between $26,000 And $51,000 |
| Highest paying City | San Francisco, CA | Los Angeles, CA |
| Highest paying state | California | California |
| Best paying company | Mayor Ethan Berkowitz | New Relic |
| Best paying industry | Construction | Finance |
There are a few differences between a debt collector and an account representative in terms of educational background:
| Debt Collector | Account Representative | |
| Most common degree | High School Diploma, 34% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between debt collectors' and account representatives' demographics:
| Debt Collector | Account Representative | |
| Average age | 46 | 46 |
| Gender ratio | Male, 30.7% Female, 69.3% | Male, 33.6% Female, 66.4% |
| Race ratio | Black or African American, 12.2% Unknown, 4.0% Hispanic or Latino, 20.0% Asian, 3.4% White, 59.9% American Indian and Alaska Native, 0.5% | Black or African American, 12.5% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 3.9% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |