How much does a Credit Collection make in Rhode Island? As of September 01, 2026, the average salary for a Credit Collection in Rhode Island is $75,465 per year, which breaks down to an hourly rate of $36.

However, a Credit Collection's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $93,692
  • Majority Range (25th-75th percentile): $66,173 to $85,006
  • Entry-Level (10th percentile): $57,714

Key Factors That Influence Credit Collection Salaries

A Credit Collection's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Credit Collection Salaries?

Experience is a primary driver of a Credit Collection's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $61,521
  • Early Career (1-2 years): $73,477
  • Mid-Level (2-4 years): $90,064
  • Senior-Level (5-8 years): $124,616
  • Expert (over 8 years): $219,464
Job RoleYears of ExperienceAverage Salary
Credit Analyst I less than 1 year $61,521
Credit Collection 1-2 years $73,477
Credit Analyst III 2-4 years $90,064
Credit Analysis Manager 5-8 years $124,616
VP of Credit Analysis over 8 years $219,464

Top Paying Cities for Credit Collection

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Adamsville: $76,408
  • Albion: $75,763
  • Ashaway: $76,264

Credit Collection Salary by Industry: Top Paying Sectors

For Credit Collection roles, the industry you choose can affect earning potential by as much as 83% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Credit Collection positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Credit Collection as a support function rather than a direct revenue driver.

The top paying industries for a Credit Collection

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals $98,105 $47.0 30%
Financial Services $94,331 $45.0 25%
Software & Networking $90,558 $44.0 20%
Biotechnology $86,785 $42.0 15%
Insurance $84,521 $41.0 12%

Credit Collection Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit Collection's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$66,173
Average $75,465/year
$85,006
$5,514
Average $6,289/month
$7,084
$1,273
Average $1,451/week
$1,635
$32
Average $36/hour
$41
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $85,006 $7,084 $1,635 $41
Average $75,465 $6,289 $1,451 $36
25th Percentile $66,173 $5,514 $1,273 $32

Find Your Next Credit Collection Job

Ready to take the next step in your career? Browse thousands of current Credit Collection job openings on our job board. Use the search bar below to find your perfect match.

  • Civista Bank | PITTSBURGH, PA

    Civista Bank | PITTSBURGH, PA

    Civista Bank. Description. Position Purpose. With limited supervision, the Credit Underwriter – Leasing, will perform credit analysis, lease presentations ... more

    10 Days Ago

  • GreenState Credit Union | NORTH LIBERTY, IA

    GreenState Credit Union | NORTH LIBERTY, IA

    GreenState Credit Union. Director Talent Acquisition. US-IA-North Liberty. Job ID: 2026-4717. of Openings: 1. Category: Human Resources. GreenState Credit ... more

    18 Days Ago

  • GreenState Credit Union | NORTH LIBERTY, IA

    GreenState Credit Union | NORTH LIBERTY, IA

    GreenState Credit Union. Collections Specialist. US-IA-North Liberty. Job ID: 2026-4784. of Openings: 1. Category: Collections. GreenState Credit Union. Ov... more

    19 Days Ago

  • GreenState Credit Union | IOWA CITY, IA

    GreenState Credit Union | IOWA CITY, IA

    GreenState Credit Union. Member Service Representative. US-IA-Iowa City. Job ID: 2026-4771. of Openings: 1. Category: Retail. GreenState Credit Union. Over... more

    20 Days Ago

  • Capital Waste Services LLC | PINERIDGE, SC

    Capital Waste Services LLC | PINERIDGE, SC

    Job Description Job Description Description: CWS is a leading provider of waste management services throughout South Carolina, Tennessee, Georgia, Virginia... more

    5 Days Ago

  • Hoosier Hills Credit Union | TELL CITY, IN

    Hoosier Hills Credit Union | TELL CITY, IN

    Vice President of Commercial LendingVice President of Commercial Lending Tell City Service Center - Tell City, IN 47586 Apply Overview Salary Range $97,084... more

    7 Days Ago

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Where Does Our Salary Data Come From?

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