How To Become A Recovery Agent: What It Is and Career Path

What is a recovery agent and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a recovery agent. For example, did you know that they make an average of $18.64 an hour? That's $38,772 a year! Between 2018 and 2028, the career is expected to grow -8% and produce -17,500 job opportunities across the U.S.

ScoreRecovery AgentUS Average

Salary

3.0

Avg. Salary $38,772

Avg. Salary $59,228

Stability Level

7.9

Growth Rate -8%

Growth Rate 0.3%

Diversity

5.9

Race

American Indian and Alaska Native 0.48%

Asian 3.51%

Black or African American 12.70%

Hispanic or Latino 18.44%

Unknown 3.99%

White 60.87%

Gender

female 30.94%

male 69.06%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress Level

7.9

Stress level is high

7.1 - high

Complexity Level

4.9

Complexity Level is intermediate

7 - challenging

Work Life Balance

7.6

Work Life balance is good

6.4 - fair

Key steps to become a recovery agent

Explore recovery agent education requirements

Most common recovery agent degrees

High School Diploma

31.8 %

Bachelor's

25.6 %

Associate

23.1 %

Start to develop specific recovery agent skills

Skills	Percentages
Debt Collection	14.03%
Inbound Calls	11.09%
Outbound Calls	9.75%
Tow Truck	7.81%
Financial Institutions	6.65%

Complete relevant recovery agent training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New recovery agents learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a recovery agent based on U.S. Bureau of Labor Statistics data and data from real recovery agent resumes.

Research recovery agent duties and responsibilities

Manage patient focuse reports, collection modules, provider/facility A/R, collections, patient discharge letters.
Assist in ensuring that all the FDCPA and FCRA guidelines and regulations are being exercise.
Partner with the client to rapidly and economically sell REO properties in a timely manner.
Develop and maintain relationships with FNMA in house counsel to ensure appropriate oversight and compliance of litigate issues.

Prepare your recovery agent resume

When your background is strong enough, you can start writing your recovery agent resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a recovery agent resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Recovery Agent Resume templates

Build a professional Recovery Agent resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Recovery Agent resume.

Apply for recovery agent jobs

Now it's time to start searching for a recovery agent job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do recovery agents rate their job?

-/5

5 Stars

4 Stars

3 Stars

2 Stars

1 Star

Recovery Agent reviews

A zippia user wrote a review on Mar 2022

Cons

As a Bail Agent you do have dislikes like working nights and trying to keep a relationship with a significant other healthy .