Bill and Account Collectors: Salary, Job Description, How To Become One, and Quiz

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Bill and Account Collectors career information
pros and cons of being a Bill and Account Collector

Bill and Account Collectors

locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.

$38220
Salary
71%
Job Satisfaction
Easy
Becoming One
High
Job Growth
Suitable Personality

Bill and Account Collectors

Salary, Job Description, How To Become One, and More


In this career summary, you will find out what the job of a Bill and Account Collector is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Bill and Account Collectors locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer’s account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.


    Read more about what does a Bill and Account Collector really do at work and what is it like being and working as one.




    Become one

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    Salary

    Average salary
    $38220 per year

    Average hourly wage
    $18 per hour


    Bill and Account Collectors with little to no experience tend to make between $24620 and $29420 while the more experienced ones can earn over $44710 per year.

    Top 5 paying statesHourlyAnnual
    DC$31$64,210
    MA$22$45,810
    AK$22$45,540
    CT$22$45,360
    NJ$22$45,260

    One of the easiest ways to increase your salary as a Bill and Account Collector is to move to a higher paying state like DC. Right now, the highest paying states for Bill and Account Collectors are DC, MA, AK, CT and NJ.

    However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

    Three other factors that can increase your salary as a Bill and Account Collector is the degree you hold, the industry you work in and lastly the company you work for.



    Requirements

    Recommended degree level
    High School Diploma (or GED)

    We asked other Bill and Account Collectors what degree they had when they got the job and most of them said they had a High School Diploma followed by a College Certificate.

    Other than that, we also asked them what did they major in and here are the most popular majors that came up.

    Banking and Financial Support Services

    Read more about how to become a Bill and Account Collector and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being a Bill and Account Collector.

    PROS
    Suitable for people who likes to follow routines
    Suitable for people who values relationships between co-workers and customers and wants to work in a friendly non-competitive environment
    This career is perfect for people who love to work indoors.
    It is easy to get into this career. Some previous work-related skill, knowledge, or experience is required for this career.
    CONS
    Not suitable for people who likes to work with designs
    One of the lowest paying jobs



    What is the job like

    Job satisfaction
    71%

    Is this job meaningful
    47%


    71% of Bill and Account Collectors said they were satisfied with their job and 47% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Organizers and The Entrepreneurs


    You can read more about these career personality types here.

    People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas..

    They also like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.



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