Bill and Account Collectors: Know It All In 1 Minute
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.
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.
- Arrange for debt repayment or establish repayment schedules, based on customers’ financial situations.
- Locate and notify customers of delinquent accounts by mail, telephone, or personal visits to solicit payment.
- Advise customers of necessary actions and strategies for debt repayment.
- Persuade customers to pay amounts due on credit accounts, damage claims, or nonpayable checks, or to return merchandise.
$36600 per year
Bill and Account Collectors with little to no experience tend to make between $22920 and $27730 while the more experienced ones make over $42780 per year.
|Top 5 paying states||Hourly||Annual|
1 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, CT, MA, AK and CA.
However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.
3 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 (bigger companies like the Fortune 500 companies tend to pay more).
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 No degree.
Other than that we also asked them what did they major in and here are the most popular majors that came up.
Another popular question from our readers is what makes A Bill and Account Collector successful or would they be good in this career.
Well, we found that most successful Bill and Account Collectors have these 5 skillsets.
In addition to that, 1 common characteristic among successful Bill and Account Collectors is they are good at Self Control. Here are the top 5 common characteristics.
|Self Control |
|Attention to Detail|
= Hot in-demand that most employers are looking for
Pros and Cons
Here are some reasons why you should and shouldn’t choose A Bill and Account Collector as your career.
|Suitable for people who likes to follow routines|
|Suitable for people who values relationships between coworkers and customers and wants to work in a friendly noncompetitive environment|
|This career is perfect for people who love to work indoors.|
|It is easy to get into this career. Some previous workrelated skill, knowledge, or experience is required for this career.|
|Not suitable for people who likes to work with designs|
|One of the lowest paying jobs|
There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.
A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.
What is the job like
Is this job meaningful
40 hours per week
Regular (Set schedule and routine)
On a normal working week Bill and Account Collectors work 40 hours per week.
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 Persuaders
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.
How we can help
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They interact with customers to provide information in response to inquiries about products and services and to handle and resolve complaints.
They investigate history and credit standing of individuals or business establishments applying for credit. Telephone or write to credit departments of business and service establishments to obtain information about applicant’s credit standing.
They issue licenses or permits to qualified applicants. Obtain necessary information, record data, advise applicants on requirements, collect fees, and issue licenses. May conduct oral, written, visual, or performance testing.
They answer inquiries and provide information to the general public, customers, visitors, and other interested parties regarding activities conducted at establishment and location of departments, offices, and employees within the organization.
They interview persons by telephone, mail, in person, or by other means for the purpose of completing forms, applications, or questionnaires. Ask specific questions, record answers, and assist persons with completing form. May sort, classify, and file forms.
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Related to Bill and Account Collectors Career Information
Bill and Account Collectors job description, Bill and Account Collectors salary, Bill and Account Collectors information, what is the job of a Bill and Account Collector like, pros and cons about Bill and Account Collectors, colleges and universities for Bill and Account Collectors, is Bill and Account Collectors the right career for me, Easy careers to get into, careers in Office and Administration
Additional resources http://www.bls.gov/OOH/office-and-administrative-support/bill-and-account-collectors.htm http://www.acainternational.org/
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