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Everything you need to choose a collection agency training program in Illinois: state requirements, licensing costs, expected timelines, and salary data.
Median Salary
$44,200
in Illinois
Licensing Fees
$700 – $2,700
gov't fees only
Timeline
4 weeks – 3 months
to licensed
Job Outlook
-2%
Average DemandStart your Collection Agency career in Illinois
Compare approved training programs and find one that fits your schedule and budget. Illinois collection agencys earn a median salary of $44,200.
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Illinois Median
$44,200
National Median
$42,200
Illinois pays 5% above the national median.
Source: BLS OEWS, May 2024
Government licensing fees in Illinois typically range from $700 – $2,700. This includes application fees, exam fees, and initial licensing fees. Education and training program costs are additional.
The total time from starting education to receiving your license is typically 4 weeks – 3 months in Illinois, including education, exam preparation, and application processing.
The median annual salary for a collection agency in Illinois is $44,200, compared to the national median of $42,200 (BLS OEWS, May 2024).
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Salary data from BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Licensing costs derived from official Illinois licensing board data. Timelines include education, examination, and application processing. Individual program costs and durations may vary. Always verify requirements with the state licensing authority.