[ collapse ]

You »

- Compare Your Salary
- Evaluate a Job Offer

Someone You Manage »

- Price a New Hire
- Give a Raise

Whole Company »

- Benchmark Jobs
- Create a Comp Plan

Loan Collector Hourly Rate

United States » Job » Loan Collector Overview » Loan Collector Hourly Rate

Updated: 14 May 2013

Job Satisfaction

Highly satisfied

Rated 4 out of 5 based on 19 Loan Collector votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.

Part of:

Collector Salary

Loan Collector 2013 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.

)

$23,681 - $45,130

(Median)

24K

28K

33K

39K

45K

MEDIAN: $32,820

10%

25%

50%

75%

90%

See your Loan Collector connections ↓

Loan Collector Job Listings

Collector/Admin Position DOE Student Loans

May 20

Credit Adjustments, Inc. - Manchester, NH

office works Department of Education paper; collecting defaulted student loans. If you are interested in working for a supportive, family owned business that... - Indeed

Apply For This Job »

Student Loan - Collector 2

May 07

Wells Fargo - Sioux Falls, SD

credit card, personal loans and lines, direct auto... and communication skills to work as Student Loan Collectors. Training provided! In our two week paid... - Indeed

Apply For This Job »

Mortgage Collector - Loan Administrator

Apr 25

Emigrant Bank - New York, NY

We are seeking a Mortgage Collector to contact mortgage... to cure the debt. The individual will also have loan administration responsibilities. Required Skills... - Indeed

Apply For This Job »

View More Listings »

jobs by

Want local data for this job?

National Pay Data

	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	$10.05 - $20.13
Overtime	$14.87 - $41.00

	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 - $10,161
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). )	$23,681 - $45,130
Country: United States \| Currency: USD \| Updated: 14 May 2013 \| Individuals Reporting: 84

Add to your site |

Loan Collector Tasks

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.

Your Loan Collector Connections Invite your friends

Please log in with Facebook to see who you know.

Companies and Industries for Loan Collector Salaries

Popular Employers

Hourly Rate


Bank of America Corp. (BOFA)	$13.92 - $16.12

Popular Industries

Hourly Rate


Mortgage Lending, Loans, or Credit Products	$11.07 - $19.48
Banking	$11.00 - $18.85
Credit Union	$11.16 - $18.74
Automotive Lending or Financing	$11.51 - $19.12
Debt Collection Agency	$9.87 - $17.13

Key Statistics for Loan Collector Salaries and Jobs

Gender

	Female 57%			Male 43%
Hourly Rate:	$12.46 - $15.54			$10.94 - $15.05

Years of Experience

Less than 1 year

1-4 years

54%

5-9 years

18%

10-19 years

24%

20 years or more

Top Degrees

Hourly Rate


Bachelor's Degree	$13.20 - $19.00

Most Common Health Benefits

	Medical: 78%		Dental: 68%
	Vision: 58%		None: 16%

Special Features

Fortune 100 CEO Income Compared to Average Worker at Company
Many CEOs earn millions a year, but how does their pay compare to the average worker at their company? We list the highest earners.

More Special Features

Which jobs, cities and industries are seeing wages rise or fall? Track the latest compensation trends with The PayScale Index Q1 2013 results.

» You think you have a bad boss? We reveal the Top 5 Jobs That Hate Their Boss.

» College Salary Report 2013: Review more than 1,000 schools and 130 majors