Average Collections Correspondent Hourly Pay

$17.45
Avg. Base Hourly Rate (USD)
10%
$13.17
MEDIAN
$17.45
90%
$23.48

The average hourly pay for a Collections Correspondent is $17.45 in 2025

Hourly Rate
$13 - $23
Bonus
$502 - $10k
Profit Sharing
$361 - $5k
Commission
$2k - $14k
Total Pay
$29k - $55k
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How do Collections Correspondents Rate Their Jobs?

3.8 out of 5
(654)
Highly Satisfied
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FAQs About Collections Correspondents

What is the highest pay for Collections Correspondents?

Our data indicates that the highest pay for a Collections Correspondent is $23.48 / hour

What is the lowest pay for Collections Correspondents?

Our data indicates that the lowest pay for a Collections Correspondent is $13.17 / hour

How can Collections Correspondents increase their salary?

Increasing your pay as a Collections Correspondent is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Collections Correspondent that oversees more junior Collections Correspondents, this experience can increase the likelihood to earn more.