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Process payments daily over the phone and in person. Go over budget and payment plans to bring the customer’s account current.
Locate and monitor overdue accounts.
Record information in our Collection Software about the financial status of customers and the status of collection efforts.
Confer with customers by telephone, text, email, and in-person to determine the reason for overdue payments and to review terms of sales/credit contract.
Advise customers of necessary actions and strategies for debt repayment.
Perform various administrative functions for assigned accounts, such as recording address changes, and maintaining current critical customer contact information.
Arrange for the timely repayment of payment due and past due accounts.
Maintain collection goals, targets, and loan loss rates as set by the Director of Collections and Management.
Locate vehicles for repossession or to avoid repossession.
Get customers to redeem whose vehicle has been repossessed.
Requirements and Experience:
High School diploma or GED. Excellent verbal and written communication skill is essential.
Must be able to pass a comprehensive background check.
Job Type: Full-time
Pay: $15.00 - $20.00 per hour
Benefits:
Weekly day range:
Education:
Experience:
License/Certification:
Ability to Relocate:
Work Location: In person
Full Time
$45k-58k (estimate)
05/10/2023
09/09/2024
The job skills required for Collector include Customer Contact, Integrity, etc. Having related job skills and expertise will give you an advantage when applying to be a Collector. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collector. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collector positions, which can be used as a reference in future career path planning. As a Collector, it can be promoted into senior positions as a Consumer Loan Collector III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collector. You can explore the career advancement for a Collector below and select your interested title to get hiring information.
If you are interested in becoming a Collector, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collector for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collector job description and responsibilities
Collectors recover overdue payments and past due accounts by tracking debtors down using the phone or mail.
01/09/2022: Savannah, GA
Collectors also stay mindful of clients’ possible fears about being contacted for past due accounts and sometimes refer them to debt counselors for additional assistance.
01/18/2022: Utica, NY
After the collector and debtor agree on a repayment plan, the collector continually checks to ensure that the debtor pays on time.
03/12/2022: Waco, TX
Overdue payments on credit card balances, phone bills, auto loan payments, utility payments, and back taxes are examples of delinquent bills that a debt collector may be tasked with retrieving.
01/09/2022: Elkhart, IN
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Collector jobs
Collectors must follow federal and local laws that govern debt collection.
04/02/2022: Springfield, MO
Step 3: View the best colleges and universities for Collector.