Consumer Loan Manager Salary (United States)

A Consumer Loan Manager earns an average salary of $53,743 per year. For the first five to ten years in this position, salary increases steeply, but any additional experience does not have a big effect on pay. A skill in Consumer Loans is associated with high pay for this job.
Consumer Loan Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$39,145 - $75,301
(Median)
39K
47K
54K
68K
75K
MEDIAN: $53,743
10%
25%
50%
75%
90%
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Consumer Loan Manager Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$10.66 - $24.15
(Median)
11
14
23
MEDIAN: $13.00
10%
50%
75%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$39,145 - $75,301  
   
Bonus
$0.00 - $10,227  
Commission
$5,500 - $19,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,985 - $78,942  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 98
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$10.66 - $24.15  
   
Overtime
$10.88 - $35.26  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $10,227  
   
Commission
$5,500 - $19,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,985 - $78,942  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 98
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Location:
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Years in Field/Career:

Job Description for Consumer Loan Manager

  • Hire, train, evaluate, and discipline lending staff.
  • Develop and implement strategies to improve loan department efficiency and meet sales targets.
  • Supervise lenders processing loan applications, managework flow, and ensure compliance with regulations.
  • Generate new business through sales outreach.

Consumer Loan Manager Job Listings

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Pay by Experience Level for Consumer Loan Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

Experience Affects Consumer Loan Manager Salaries

Late-Career
up arrow 5%
Experienced
up arrow 1%
Mid-Career
0%
National Average
$54,000
Entry-Level
up arrow 24%

Skills That Affect Consumer Loan Manager Salaries

Consumer Loans
up arrow 23%
Loan Underwriting
up arrow 9%
National Average
$54,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 15 votes.

Gender

Female
58%
female alumni
 
Male
42%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
9%
5-9 years
27%
10-19 years
36%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 80%
vision benefits Vision: 57% employee benefits None: 8%
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