Avg. Base Hourly Rate (USD)
The average hourly pay for a Consumer Loan Processor is $16.88
FAQs About Consumer Loan Processors
What is the highest pay for Consumer Loan Processors?
Our data indicates that the highest pay for a Consumer Loan Processor is $17.92 / hour
What is the lowest pay for Consumer Loan Processors?
Our data indicates that the lowest pay for a Consumer Loan Processor is $15.78 / hour
How can Consumer Loan Processors increase their salary?
Increasing your pay as a Consumer Loan Processor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Consumer Loan Processor that oversees more junior Consumer Loan Processors, this experience can increase the likelihood to earn more.