Thursday, November 12, 2009

How much do debt collectors make?

I have an opportunity to help a friend's family dentist office out as a phone debt collector - not a lot of pressure - just 'did you receive your recent statements' and 'is it possible for you to pay a little amount due on your balance'... But they want me to come up with my compensation - per call / per hour / percentage of collected amounts / or a combination of the above. What's a fair amount?

How much do debt collectors make?
Professional collection agencies usually pay about $12.00 an hour with bonuses, commissions if you beat a certain quota. Good Luck! :)
Reply:8 to 12 an hour. Not more than that.
Reply:I work for a credit union that has a collections department...I have a friend who has been working in that department for about 4 years and she makes around $14.00. I'm sure she started around $11 or $12. That is in Minneapolis Minnesota...





Hope this helps!


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