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How much does an Account Settlement Representative II - Consumer Loans make?

As of December 01, 2024, the average annual pay of Account Settlement Representative II - Consumer Loans in the United States is $43,400. While Salary.com is seeing that Account Settlement Representative II - Consumer Loans salary in the US can go up to $53,143 or down to $31,555, but most earn between $37,200 and $48,500. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Account Settlement Representative II - Consumer Loans in the United States.

Account Settlement Representative II - Consumer Loans Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $48,500 $4,042 $933 $23
Average $43,400 $3,617 $835 $21
25th Percentile $37,200 $3,100 $715 $18

Average Salary

25% $37,200 10% $31,555 90% $53,143 75% $48,500 $43,400 50%(Median) Didn’t find job title? Click
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What is the hourly and monthly salary as an Account Settlement Representative II - Consumer Loans?

As of December 01, 2024, the average hourly salary is $21 (range: $15 to $26); the average monthly salary is $3,617 (range: $2,630 to $4,429).

Click the switch button below to see weekly and yearly salary of an Account Settlement Representative II - Consumer Loans.

Last Updated on December 01, 2024
Last Updated on December 01, 2024

What are the salaries of Account Settlement Representative II - Consumer Loans with different levels of experience?

As of December 01, 2024, Salary.com is seeing that an entry-level Account Settlement Representative II - Consumer Loans with under 1 year experience makes about $41,231. With less than 2 years of experience, a mid-level Account Settlement Representative II - Consumer Loans makes around $41,419. After 2-4 years, the Account Settlement Representative II - Consumer Loans pay rises to about $43,673. Those senior Account Settlement Representative II - Consumer Loans with 5-8 years of experience earn roughly $45,763, and those Account Settlement Representative II - Consumer Loans having 8 years or more experience is expected to earn about $45,912 on average.

Levels Salary
Entry Level Account Settlement Representative II - Consumer Loans $41,231
Intermediate Level Account Settlement Representative II - Consumer Loans $41,419
Senior Level Account Settlement Representative II - Consumer Loans $43,673
Specialist Level Account Settlement Representative II - Consumer Loans $45,763
Expert Level Account Settlement Representative II - Consumer Loans $45,912
$41,231 0 yr
$41,419 < 2 yrs
$43,673 2-4 yrs
$45,763 5-8 yrs
$45,912 > 8 yrs
Last Updated on December 01, 2024
Entry Level 5%
Mid Level 5%
Senior Level 1%
Top Level 5%
Experienced 6%
View as graph
Last Updated on December 01, 2024

How much does salary of Account Settlement Representative II - Consumer Loans vary from state to state?

How much does salary of Account Settlement Representative II - Consumer Loans vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of December 01, 2024, the average yearly salary of Account Settlement Representative II - Consumer Loans in San Francisco, CA is $54,300 and in New York, NY, the average annual salary goes to $50,700. While an Account Settlement Representative II - Consumer Loans earns $48,700 per year in Boston, MA.

What is the salary trend of Account Settlement Representative II - Consumer Loans?

For those exploring the changing dynamics of Account Settlement Representative II - Consumer Loans salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Account Settlement Representative II - Consumer Loans compensation over the past six years. For instance, the median salary has moved from $43,846 in 2023 to about $43,213 in 2024 (for a comprehensive analysis of Account Settlement Representative II - Consumer Loans salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Account Settlement Representative II - Consumer Loans Over Time

2020
$???
2021
$???
2022
$???
$43,846
2023
$43,213
2024
$42,813
2025
2026
$???
Last Updated on December 01, 2024
2020
$???
2021
$???
2022
$???
2023
$43,846
2024
$43,213
2025
$42,813
2026
$???
Last Updated on December 01, 2024

Account Settlement Representative II - Consumer Loans Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $43,846
2024 $43,213
2025 $42,813
2026 View More
Last Updated on December 01, 2024

Job Openings of Account Settlement Representative II - Consumer Loans

Salary.com job board provides millions of Account Settlement Representative II - Consumer Loans information for you to search for. Click on search button below to see Account Settlement Representative II - Consumer Loans job openings or enter a new job title here.

Most Common Benefits for Account Settlement Representative II - Consumer Loans

Based on HR-reported data: a national average with a geographic differential
Base Salary 60.2%
Bonuses 9.7%
Social Security 5.4%
401k/403b 3.3%
Disability 0.6%
Healthcare 8.4%
Pension 3.8%
Time Off 8.6%
Core Compensation
Core Compensation Median % of Total
Base Salary $43,400 60.2%
Bonus $7,000 9.7%
Value of Benefits
Core Compensation Median % of Total
Social Security $3,856 5.4%
401K/403B $2,369 3.3%
Disability $403 0.6%
Healthcare $6,056 8.4%
Pension $2,772 3.8%
Time Off $6,203 8.6%
Total Compensation $72,058 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on December 01, 2024

What are the salaries of an Account Settlement Representative II - Consumer Loans with different levels of education?

Salaries for Account Settlement Representative II - Consumer Loans with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for an Account Settlement Representative II - Consumer Loans with a High School Diploma or Technical Certificate is $39,997 - $43,473. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Account Settlement Representative II - Consumer Loans Salaries by Degree Level

Last Updated on December 01, 2024
Typical Education for Account Settlement Representative II - Consumer Loans
Degree Level % of user with this level of education
No Diploma 6.3%
High School 37.5%
Associates 12.5%
Bachelors 34.4%
Masters 6.3%
Typical Education for Account Settlement Representative II - Consumer Loans
No Diploma 6.3%
High School 37.5%
Associates 12.5%
Bachelors 34.4%
Masters 6.3%
view as table

Account Settlement Representative II - Consumer Loans Salaries by Degree Level

Last Updated on December 01, 2024

What Am I Worth?

FAQ about Account Settlement Representative II - Consumer Loans

1. What is the average salary of an Account Settlement Representative II - Consumer Loans?

The average annual salary of Account Settlement Representative II - Consumer Loans is $43,400. In case you are finding an easy salary calculator, the average hourly pay of Account Settlement Representative II - Consumer Loans is $21; the average weekly pay of Account Settlement Representative II - Consumer Loans is $835; the average monthly pay of Account Settlement Representative II - Consumer Loans is $3,617.

2. Where can an Account Settlement Representative II - Consumer Loans earn the most?

An Account Settlement Representative II - Consumer Loans's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Account Settlement Representative II - Consumer Loans earns the most in San Jose, CA, where the annual salary of an Account Settlement Representative II - Consumer Loans is $54,500.

3. What is the highest pay for Account Settlement Representative II - Consumer Loans?

The highest pay for Account Settlement Representative II - Consumer Loans is $53,143.

4. What is the lowest pay for Account Settlement Representative II - Consumer Loans?

The lowest pay for Account Settlement Representative II - Consumer Loans is $31,555.

5. What are the responsibilities of Account Settlement Representative II - Consumer Loans?

The Account Settlement Representative II - Consumer Loans may approve account settlements within realm of authority. Responsible for contacting "bad debt" customers to collect payments and settle accounts. Being an Account Settlement Representative II - Consumer Loans typically reports to a supervisor. Requires a high school diploma or its equivalent. Working as an Account Settlement Representative II - Consumer Loans typically requires 1-3 years of related experience. May be entry level if some experience in the skill. Gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision.

6. What are the skills of Account Settlement Representative II - Consumer Loans

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Microsoft Windows: Windows is a group of several proprietary graphical operating system families developed and marketed by Microsoft. Each family caters to a certain sector of the computing industry.

3.)

Credit Management: Granting and paying credit within the defined payment terms and conditions to improve the revenue and profit of the company.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for an Account Settlement Representative II - Consumer Loans is $43,400 per year in the United States, updated at December 01, 2024.
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