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.
Bill and Account Collectors earn a median of $22.61/hr — about $47,000 a year. The lowest-paid 10% earn $16.54/hr; the top 10% earn $31.53/hr. (Annual figures are approximate: hourly × 2,080.)
What you'd actually do
- Record information about financial status of customers and status of collection efforts.
- Locate and notify customers of delinquent accounts by mail, telephone, or personal visits to solicit payment.
- Locate and monitor overdue accounts, using computers and a variety of automated systems.
- Arrange for debt repayment or establish repayment schedules, based on customers' financial situations.
- Advise customers of necessary actions and strategies for debt repayment.
- Answer customer questions regarding problems with their accounts.
How you get there
Typical entry-level education: High school diploma. Overall preparation: some preparation (Job Zone 2 of 5).
The feel of the work
The work is mostly indoors; you're around people constantly. (Compared against the other 818 careers in the guide.)
Working for yourself
About 0.2% of bill and account collectors are self-employed.
Who it tends to fit
This work tends to fit people who are organized and detail-focused, take-charge and people-focused.
Work a simulated shift in this job — freeMake the real decisions this job involves, then see what your choices say about you.Related careers
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Quick questions
- How much does a bill and account collector make?
- The median pay is $22.61 per hour — roughly $47,000 a year, with the real range running from about $16.54/hr (10th percentile) to $31.53/hr (90th percentile). Source: U.S. Bureau of Labor Statistics.
- Do you need a degree to be a bill and account collector?
- The typical entry-level education is: High school diploma. Overall preparation level: some preparation (Job Zone 2 of 5).
- What does a bill and account collector actually do all day?
- Record information about financial status of customers and status of collection efforts. Locate and notify customers of delinquent accounts by mail, telephone, or personal visits to solicit payment. Locate and monitor overdue accounts, using computers and a variety of automated systems.
Trailhead is operated by FLEXVermont LLC. It is intended for high-school students age 13 and older, and the educators and families who support them, and is not directed to children under 13. Trailhead is provided for general informational and educational purposes only. It does not offer professional, financial, or career advice, and its wage figures and pathways are estimates that may not fit your situation — they should not be relied on as the sole basis for any decision.