A Loan Collector, Consumer earns an average wage of $15.38 per hour. People in this job generally don't have more than 20 years' experience.
Loan Collector, Consumer 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.
)
$28,507 - $44,762
(Median)
29K
33K
40K
45K
MEDIAN: $35,550
10%
25%
75%
90%
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Loan Collector, Consumer 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.
)
$12.30 - $18.60
(Median)
12
15
17
19
MEDIAN: $15.00
10%
50%
75%
90%
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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$16K$32K$48K
Salary
$28,507 - $44,762  
   
Bonus
$0.00 - $9,967  
Profit Sharing
$590 - $2,260  
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).
)
$26,073 - $45,345  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 126
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$9$18$27
Hourly Rate
$12.30 - $18.60  
   
Overtime
$17.63 - $26.28  
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$18K$36K$54K
Bonus
$0.00 - $9,967  
   
Profit Sharing
$590 - $2,260  
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).
)
$26,073 - $45,345  
PayScale
Country: United States | Currency: USD | Updated: 18 Apr 2014 | Individuals Reporting: 126
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Loan Collector, Consumer Job Listings

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Job Description for Loan Collector, Consumer
  • Maintains files and documentation, handles issues that may arise in the effort to recover money from loans.
  • Contacts customer in order to collect money on charged-off loans or existing delinquent loans.
  • Monitors the sale of collateral property to recover value of the loan.
  • Negotiates repayment plans, recommends accounts for legal action.
Pay by Experience Level for Loan Collector, Consumer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Loan Collector, Consumer Salaries

Experienced
up arrow 14%
Late-Career
up arrow 12%
Mid-Career
0%
National Average
$35,000
Entry-Level
up arrow 6%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 36 votes.
Gender
Female
69%
female alumni
 
Male
31%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
31%
5-9 years
36%
10-19 years
21%
20 years or more
11%
Common Health Benefits
medical benefits Medical: 85% dental benefits Dental: 77%
vision benefits Vision: 59% employee benefits None: 14%
Find Out Exactly What You Should Be Paid
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