Credit and Loan Collections Supervisor

Supervise the workers engaged in collecting overdue payments.
picture of Credit and Loan Collections Supervisor

Quick Stats


Outlook
Good

Salary Range
$29,000 – $77,000

Data from U.S. Department of Labor


What do Credit and Loan Collections Supervisors do?

Supervises and coordinates activities of workers engaged in collecting overdue payments for charge accounts, credit card accounts, or loans from customers of banks, loan companies, department stores, oil companies, or other credit-card-issuing companies: Reviews delinquent account records to determine which customers must be contacted for collection of overdue accounts. Organizes collection work load according to degree and amount of delinquency and assigns accounts to workers for collection. Writes letters or approves form letters for use in collection attempts. Recommends telephone techniques used by COLLECTOR 241.367-010. Verifies accuracy of accounts, using calculator and computer. Authorizes or refers accounts to manager for repossession and legal actions against debtors. May assist subordinates with collection activities in difficult cases. May supervise and coordinate activities of clerical workers in related activities. Performs duties as described under SUPERVISOR Master Title.


Should I be a Credit and Loan Collections Supervisor?

You should have an associate's degree or higher and share these traits:
  • Detail Oriented: You pay close attention to all the little details.
  • Trustworthy: You are known for your personal integrity and honesty.
  • Team Player: You're able to listen, communicate, and work with tons of different people.

  • Also known as: Collection Supervisor, Supervisor, Credit and Loan Collections

    How to Become a
    Credit and Loan Collections Supervisor

    Most Credit and Loan Collections Supervisors have an Associate's degree or higher. Chart?chd=s:9sa7yg&chl=no+college+%2828%25%29|certificate+%2820%25%29|associate%27s+%2812%25%29|bachelor%27s+%2827%25%29|master%27s+%2811%25%29|doctorate+%283%25%29&cht=p3&chs=466x180&chxr=0,28,28
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