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Salary guide

Debt Collection Specialist

Average salary
£20,000 – £35,000
Working hours
37.5 hours/week
FinanceCollections
  • The UK debt collection industry recovers billions annually

Other names this job is known by

  • Debt Collector
  • Collections Agent

Key responsibilities

  • Contact customers to recover overdue payments
  • Negotiate payment plans and settlements
  • Maintain accurate records of collections
  • Liaise with legal and finance teams

Skills and qualifications required

  • Degree in business, finance, or law (advantageous)
  • Experience in collections or customer service
  • Communication and negotiation skills
  • IT and record-keeping skills

Promotional job opportunities from this role

  • Senior Collector
  • Collections Manager
  • Credit Manager
  • Consultant

How to get the job

  • Study business, finance, or law
  • Gain experience in collections or customer service
  • Progress to senior or management roles

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