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Credit & Collections Director Salary in Sioux Falls, SD
How much does a Credit & Collections Director make in Sioux Falls, SD?
$151,176 (USD)/year
Average Bonus
$16,251 (USD)
per Year
Total Compensation
$165,345.42
Entry Level
$104,119
Median
$149,094
Senior Level
$187,169
As of July, 23, 2026, the average credit & collections director gross salary in Sioux Falls, South Dakota is $151,176 or an equivalent hourly rate of $73. In addition, credit & collections directors earn an average bonus of $16,251. An entry level credit & collections director with 1-3 years of experience earns an average salary of $104,119. At the higher end of the pay range, a senior level credit & collections director with 8+ years of experience earns an average salary of $187,169. Salary estimates are based on salary survey data collected directly from employers in Sioux Falls, South Dakota.
Data powered by ERI
Salary Potential for a Credit & Collections Director
Explore the estimated salary growth for a Credit & Collections Director in Sioux Falls, SD for up to 5 years. The estimated salary of a Credit & Collections Director will be $155,394 in 1 year and $173,478 in 5 years.
View Salary by Year
Estimated Salary
$159,731
Average Growth
5.7 %
The estimated salary for a Credit & Collections Director in 2 years is $159,731, which is 5.7 % average growth. This information is based on ERI's compensation database.
Typical Credit & Collections Director Education
This chart displays the highest level of education for Credit & Collections Directors.
- 0% of Credit & Collections Directors have less than a High School Diploma
- 0% of Credit & Collections Directors have a High School Diploma
- 0% of Credit & Collections Directors have an Associate's Degree
- 100% of Credit & Collections Directors have a Bachelor's Degree
- 0% of Credit & Collections Directors have a Master's Degree
- 0% of Credit & Collections Directors have a Doctorate Degree
The typical field of study for a Credit & Collections Director is Accounting and Finance.
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Credit & Collections Director Salaries in Other Locations
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View moreCost of Living in Sioux Falls, SD
The cost of living in Sioux Falls, SD is 17% lower than the national average.
17% lower
than the national average
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Frequently Asked Questions
What does a Credit & Collections Director do?
Directs and coordinates activities of those engaged in conducting credit investigations and collecting delinquent accounts of customers. Develops department standards, policies, processes, and requirements. Analyzes new proposals and applications for credit approvals, determines the risk ratings of clients, and prepares efficient reports for high-risk, high-volume accounts. Designs and implements processes to improve cash flow and reduce nonpayment of accounts.
How much does a Credit & Collections Director make in Sioux Falls, SD?
The average salary for a Credit & Collections Director is $151,176 per year or $72.68 per hour in Sioux Falls, SD. Top earners have reported making up to $187,169. However, the typical pay range in Sioux Falls, SD is between $104,119 and $187,169 annually.
What is the salary trajectory for a Credit & Collections Director?
Credit & Collections Director is projected to see a 14.8 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Credit & Collections Director salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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