Collections Specialist Salary in Toledo, OH

A Collections Specialist in Toledo, OH, earns an average yearly salary of $33,075. This role involves contacting individuals and businesses to collect overdue payments. The salary can vary based on experience and skills. Those new to the field may start at the lower end of the scale, while experienced specialists can earn more.

The salary distribution shows that most specialists earn between $32,000 and $35,589 per year. A small percentage earn more than $36,000. This range reflects the different levels of responsibility and expertise in the field. Some specialists may also receive bonuses, which can increase their total earnings. Job seekers should consider these factors when looking for a position in collections.

1. Ann Arbor, MI
   Average Salary: $50,350
   In Ann Arbor, professionals in collections enjoy a vibrant community. The presence of major employers like the University of Michigan offers a unique environment. The city's strong educational sector provides ample opportunities for career growth.
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2. Akron, OH
   Average Salary: $48,392
   Akron boasts a dynamic job market for collections specialists. Companies like FirstMerit Bank and Goodyear Tire & Rubber Company provide solid career paths. The city's focus on manufacturing and finance creates a stable work environment.
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3. Columbus, OH
   Average Salary: $44,432
   Columbus offers a thriving job market for collections specialists. With companies like Nationwide Insurance and Huntington Bank, the city provides diverse opportunities. The strong economy and growing tech sector enhance job security and growth potential.
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4. Troy, MI
   Average Salary: $43,603
   Troy is a great place for collections specialists to work. The presence of companies like General Motors and Lear Corporation offers excellent career prospects. The city's focus on automotive and technology industries creates a stable and innovative work environment.
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5. Cleveland, OH
   Average Salary: $43,023
   Cleveland provides a robust job market for collections specialists. Major employers like KeyCorp and Cleveland Clinic offer strong career opportunities. The city's diverse economy and growing tech sector enhance job security and growth potential.
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6. Southfield, MI
   Average Salary: $41,699
   Southfield offers a dynamic job market for collections specialists. Companies like Quicken Loans and Blue Cross Blue Shield of Michigan provide excellent career paths. The city's focus on finance and healthcare creates a stable and diverse work environment.
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7. Fort Wayne, IN
   Average Salary: $40,998
   Fort Wayne provides a solid job market for collections specialists. Companies like Parkview Health and Huntington Bank offer strong career opportunities. The city's focus on healthcare and finance creates a stable and growing work environment.
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8. Dayton, OH
   Average Salary: $38,550
   Dayton offers a thriving job market for collections specialists. Major employers like Wright-Patterson Air Force Base and Kettering Health Network provide diverse opportunities. The city's focus on aerospace and healthcare enhances job security and growth potential.
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1. RNR Tire Express
   Average Salary: $36,000
   RNR Tire Express offers competitive salaries for Collections Specialists. They focus on tire sales and services. Their locations include Toledo, OH, and other cities in the region. Employees work to ensure customers receive quality service and handle collections efficiently.
   

   
   

2. Express Employment Professionals
   Average Salary: $32,000
   Express Employment Professionals provides job opportunities for Collections Specialists in Toledo, OH. They specialize in staffing services and have multiple locations. Employees here work to manage collections and support clients with staffing needs.
   

   
   

3. United Collection Bureau
   Average Salary: $32,000
   United Collection Bureau offers roles for Collections Specialists in Toledo, OH. They focus on debt collection services. Their team is dedicated to helping clients recover debts while maintaining professionalism. The company operates in Toledo and other nearby areas.
   

1. Credit Analyst
   Average Salary: $152,500
   A credit analyst evaluates the creditworthiness of individuals and businesses. They work with financial institutions to assess the risk of lending money. In Toledo, companies like Fifth Third Bank and Huntington Bank often hire credit analysts.
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2. Mortgage Loan Originator
   Average Salary: $78,138
   A mortgage loan originator helps clients find the best mortgage options. They guide clients through the application process and explain terms. Local lenders such as Chase and PNC Bank in Toledo offer these positions.
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3. Loan Specialist
   Average Salary: $75,357
   Loan specialists manage the loan process from start to finish. They ensure all documents are in order and communicate with clients. Many financial institutions in Toledo, like Huntington Bank, seek loan specialists.
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4. Consumer Banker
   Average Salary: $61,100
   Consumer bankers assist clients with personal banking needs. They provide advice on savings, loans, and other financial products. Banks such as Fifth Third Bank and KeyBank in Toledo hire consumer bankers.
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5. Operations Analyst
   Average Salary: $61,100
   Operations analysts improve business processes. They analyze data and recommend changes to increase efficiency. Companies like JPMorgan Chase and Bank of America in Toledo look for operations analysts.
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6. Accounts Receivable Specialist
   Average Salary: $42,096
   An accounts receivable specialist tracks payments from customers. They ensure timely payments and resolve any billing issues. Local businesses and financial institutions in Toledo, such as Fifth Third Bank, hire these specialists.
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7. Financial Aid Advisor
   Average Salary: $40,650
   Financial aid advisors help students understand and apply for financial aid. They guide students through the application process and explain options. Educational institutions in Toledo, like the University of Toledo, offer these roles.
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8. Billing Specialist
   Average Salary: $36,522
   Billing specialists handle invoicing and payment processing. They ensure accuracy and timely billing. Companies in Toledo, such as ProMedica and Mercy Health, hire billing specialists.
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9. Customer Service Representative
   Average Salary: $34,346
   Customer service representatives assist clients with inquiries and issues. They provide support and ensure customer satisfaction. Many local businesses in Toledo, such as Kroger and Meijer, offer these positions.
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