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The differences between debt counselors and collection team leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a debt counselor, becoming a collection team lead takes usually requires 6-12 months. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $37,932 average annual salary of a debt counselor.
The top three skills for a debt counselor include outbound calls, inbound calls and customer service. The most important skills for a collection team lead are customer service, credit card, and delinquent accounts.
| Debt Counselor | Collection Team Lead | |
| Yearly salary | $37,932 | $68,868 |
| Hourly rate | $18.24 | $33.11 |
| Growth rate | -8% | -8% |
| Number of jobs | 27,258 | 29,386 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 45% |
| Average age | 45 | 46 |
| Years of experience | 2 | 12 |
Debt counselors and collection team leads have different pay scales, as shown below.
| Debt Counselor | Collection Team Lead | |
| Average salary | $37,932 | $68,868 |
| Salary range | Between $27,000 And $51,000 | Between $48,000 And $98,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a debt counselor and a collection team lead in terms of educational background:
| Debt Counselor | Collection Team Lead | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 45% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between debt counselors' and collection team leads' demographics:
| Debt Counselor | Collection Team Lead | |
| Average age | 45 | 46 |
| Gender ratio | Male, 46.8% Female, 53.2% | Male, 42.9% Female, 57.1% |
| Race ratio | Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.1% White, 63.4% American Indian and Alaska Native, 0.5% | Black or African American, 13.0% Unknown, 4.0% Hispanic or Latino, 18.9% Asian, 3.6% White, 59.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |