Skip tracer vs debt collector

The differences between skip tracers and debt collectors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a skip tracer, becoming a debt collector takes usually requires 6-12 months. Additionally, a skip tracer has an average salary of $36,545, which is higher than the $33,865 average annual salary of a debt collector.

The top three skills for a skip tracer include debt collection, outbound calls and skip trace. The most important skills for a debt collector are customer service, outbound calls, and payment arrangements.

Skip tracer vs debt collector overview

	Skip Tracer	Debt Collector
Yearly salary	$36,545	$33,865
Hourly rate	$17.57	$16.28
Growth rate	6%	-8%
Number of jobs	1,464	23,385
Job satisfaction	-	-
Most common degree	High School Diploma, 29%	High School Diploma, 34%
Average age	44	46
Years of experience	6	12

Skip tracer vs debt collector salary

Skip tracers and debt collectors have different pay scales, as shown below.

	Skip Tracer	Debt Collector
Average salary	$36,545	$33,865
Salary range	Between $20,000 And $66,000	Between $26,000 And $43,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Mayor Ethan Berkowitz
Best paying industry	-	Construction

Differences between skip tracer and debt collector education

There are a few differences between a skip tracer and a debt collector in terms of educational background:

	Skip Tracer	Debt Collector
Most common degree	High School Diploma, 29%	High School Diploma, 34%
Most common major	Business	Business
Most common college	California State University - Bakersfield	-

Skip tracer vs debt collector demographics

Here are the differences between skip tracers' and debt collectors' demographics:

	Skip Tracer	Debt Collector
Average age	44	46
Gender ratio	Male, 35.3% Female, 64.7%	Male, 30.7% Female, 69.3%
Race ratio	Black or African American, 12.8% Unknown, 5.6% Hispanic or Latino, 19.8% Asian, 4.7% White, 56.9% American Indian and Alaska Native, 0.3%	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%
LGBT Percentage	8%	8%

Differences between skip tracer and debt collector duties and responsibilities

Skip tracer example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Utilize various skip-tracing services such as Accurint and TheWorkNumber in order to locate consumers and verify employment for account recovery purposes.

Debt collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Work with FHA, obama programs at the time.
Educate customers on ways to get medical assistance such as Medicaid, Medicare etc.
Prevent foreclosure by putting people on repayment plans, submitting requests for modifications, or deed in lieu.
File Medicaid, Medicare and commercial claims consisting of PPO discounts, nurse practitioner discounts, humanitarian discounts, etc.
Maintain security and confidentiality of company and client information, following FDCPA regulations.

Skip tracer vs debt collector skills

Common skip tracer skills

Debt Collection, 25%
Outbound Calls, 11%
Skip Trace, 7%
Delinquent Accounts, 6%
Payment Arrangements, 5%
FDCPA, 5%

Common debt collector skills

Customer Service, 9%
Outbound Calls, 9%
Payment Arrangements, 8%
Delinquent Accounts, 8%
Credit Card Payments, 6%
FDCPA, 5%