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The differences between debt collectors and collectionss, customer service 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 a collections, customer service. Additionally, a debt collector has an average salary of $33,865, which is higher than the $32,870 average annual salary of a collections, customer service.
The top three skills for a debt collector include customer service, outbound calls and payment arrangements. The most important skills for a collections, customer service are strong customer service, customer service, and payment arrangements.
| Debt Collector | Collections, Customer Service | |
| Yearly salary | $33,865 | $32,870 |
| Hourly rate | $16.28 | $15.80 |
| Growth rate | -8% | -8% |
| Number of jobs | 23,385 | 161,544 |
| Job satisfaction | - | - |
| Most common degree | High School Diploma, 34% | High School Diploma, 33% |
| 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.
A collections customer service or collections agent is the person who is in charge of collecting past-due bill payments. Collections agents establish a list of individuals who failed to make their payments. They organize the list based on the severity of their delinquency. It is their task to find the location of the customers through background checks, credit bureau information, and loan documents. Those who are interested in this job should develop skills in intuition, quick thinking, problem-solving, and communication.
Debt collectors and collectionss, customer service have different pay scales, as shown below.
| Debt Collector | Collections, Customer Service | |
| Average salary | $33,865 | $32,870 |
| Salary range | Between $26,000 And $43,000 | Between $27,000 And $39,000 |
| Highest paying City | San Francisco, CA | Danvers, MA |
| Highest paying state | California | Virginia |
| Best paying company | Mayor Ethan Berkowitz | University of California |
| Best paying industry | Construction | Automotive |
There are a few differences between a debt collector and a collections, customer service in terms of educational background:
| Debt Collector | Collections, Customer Service | |
| Most common degree | High School Diploma, 34% | High School Diploma, 33% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between debt collectors' and collectionss, customer service' demographics:
| Debt Collector | Collections, Customer Service | |
| Average age | 46 | 46 |
| Gender ratio | Male, 30.7% Female, 69.3% | Male, 29.3% Female, 70.7% |
| 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, 11.4% Unknown, 4.2% Hispanic or Latino, 20.3% Asian, 3.8% White, 59.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |