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The differences between senior collection specialists 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 senior collection specialist and a collections, customer service. Additionally, a senior collection specialist has an average salary of $45,150, which is higher than the $32,870 average annual salary of a collections, customer service.
The top three skills for a senior collection specialist include portfolio, customer service and past due accounts. The most important skills for a collections, customer service are strong customer service, customer service, and payment arrangements.
| Senior Collection Specialist | Collections, Customer Service | |
| Yearly salary | $45,150 | $32,870 |
| Hourly rate | $21.71 | $15.80 |
| Growth rate | -8% | -8% |
| Number of jobs | 31,192 | 161,544 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | High School Diploma, 33% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
Senior collection specialists lead others by distributing and balancing workload, providing on-the-job training, and demonstrating proper work methods to employees. The specialists determine the most effective and economical means of collecting for each account, compose correspondence requiring knowledge procedure and practices in the collection, and apply standard due diligence practice to collect monies owed. They should have work leadership, know how to gather data, and analyze financial information for decision-making purposes. Also, they apply payments received to proper accounts and make necessary adjustments or corrections.
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.
Senior collection specialists and collectionss, customer service have different pay scales, as shown below.
| Senior Collection Specialist | Collections, Customer Service | |
| Average salary | $45,150 | $32,870 |
| Salary range | Between $33,000 And $61,000 | Between $27,000 And $39,000 |
| Highest paying City | Hartford, CT | Danvers, MA |
| Highest paying state | Connecticut | Virginia |
| Best paying company | JPMorgan Chase & Co. | University of California |
| Best paying industry | Health Care | Automotive |
There are a few differences between a senior collection specialist and a collections, customer service in terms of educational background:
| Senior Collection Specialist | Collections, Customer Service | |
| Most common degree | Bachelor's Degree, 41% | High School Diploma, 33% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between senior collection specialists' and collectionss, customer service' demographics:
| Senior Collection Specialist | Collections, Customer Service | |
| Average age | 46 | 46 |
| Gender ratio | Male, 40.4% Female, 59.6% | Male, 29.3% Female, 70.7% |
| Race ratio | Black or African American, 12.3% Unknown, 4.0% Hispanic or Latino, 20.9% Asian, 3.5% White, 58.8% 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% |