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Debt counselor vs collections, customer service

The differences between debt counselors and collectionss, customer service 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 collections, customer service takes usually requires 6-12 months. Additionally, a debt counselor has an average salary of $37,932, which is higher than the $32,870 average annual salary of a collections, customer service.

The top three skills for a debt counselor include outbound calls, inbound calls and customer service. The most important skills for a collections, customer service are strong customer service, customer service, and payment arrangements.

Debt counselor vs collections, customer service overview

Debt CounselorCollections, Customer Service
Yearly salary$37,932$32,870
Hourly rate$18.24$15.80
Growth rate-8%-8%
Number of jobs27,258161,544
Job satisfaction--
Most common degreeBachelor's Degree, 41%High School Diploma, 33%
Average age4546
Years of experience212

Debt counselor vs collections, customer service salary

Debt counselors and collectionss, customer service have different pay scales, as shown below.

Debt CounselorCollections, Customer Service
Average salary$37,932$32,870
Salary rangeBetween $27,000 And $51,000Between $27,000 And $39,000
Highest paying City-Danvers, MA
Highest paying state-Virginia
Best paying company-University of California
Best paying industry-Automotive

Differences between debt counselor and collections, customer service education

There are a few differences between a debt counselor and a collections, customer service in terms of educational background:

Debt CounselorCollections, Customer Service
Most common degreeBachelor's Degree, 41%High School Diploma, 33%
Most common majorBusinessBusiness
Most common college--

Debt counselor vs collections, customer service demographics

Here are the differences between debt counselors' and collectionss, customer service' demographics:

Debt CounselorCollections, Customer Service
Average age4546
Gender ratioMale, 46.8% Female, 53.2%Male, 29.3% Female, 70.7%
Race ratioBlack 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, 11.4% Unknown, 4.2% Hispanic or Latino, 20.3% Asian, 3.8% White, 59.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between debt counselor and collections, customer service duties and responsibilities

Debt counselor example responsibilities.

  • Manage patient focuse reports, collection modules, provider/facility A/R, collections, patient discharge letters.
  • Comply with all of the FDCPA guidelines.
  • Perform numerous acts of repossession and litigation on a daily basis.
  • Complete standard legal garnishment forms for review, and forward to litigation department.
  • Provide administrative support by the filing electronic claims to Medicare, Medicaid and private insurers for emergency and non-emergency transports.
  • Utilize FDCRA and NFCC guidelines.

Collections, customer service example responsibilities.

  • Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
  • Provide excellent verbal, written, oral communication skills, attend ongoing training of collections and FDCPA regulations and guidelines.
  • Provide excellent interpersonal, negotiation, and customer service skills via telephone.
  • Research accounts to verify credits and debits make are accurately post against supporting documents showing timely reflect within the FDCPA guidelines.
  • Prevent impending loss and increase profitability through negotiation and enforcement of schedule collection campaigns.
  • Submit additional information request by insurance companies such as medical records, primary/secondary insurance explanation of benefits (EOB).
  • Show more

Debt counselor vs collections, customer service skills

Common debt counselor skills
  • Outbound Calls, 20%
  • Inbound Calls, 15%
  • Customer Service, 14%
  • Delinquent Accounts, 9%
  • Payment Arrangements, 6%
  • Credit Reports, 4%
Common collections, customer service skills
  • Strong Customer Service, 45%
  • Customer Service, 12%
  • Payment Arrangements, 5%
  • Credit Card Payments, 4%
  • Delinquent Accounts, 4%
  • Past Due Accounts, 3%

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