As of March 01, 2025, the average annual salary for a Collections Clerk, Entry - Loans in Bloomington, IN is $31,700. Salary.com reports that pay typically ranges from $27,900 to $35,500, with most professionals earning between $24,440 and $38,960.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $35,500 | $2,958 | $683 | $17 |
| Average | $31,700 | $2,642 | $610 | $15 |
| 25th Percentile | $27,900 | $2,325 | $537 | $13 |
An entry-level Collections Clerk, Entry - Loans with under 1 year experience makes about $30,654. With less than 2 years of experience, a mid-level Collections Clerk, Entry - Loans makes around $31,427. After 2-4 years, the Collections Clerk, Entry - Loans pay rises to about $33,005. Those senior Collections Clerk, Entry - Loans with 5-8 years of experience earn roughly $33,174, and those Collections Clerk, Entry - Loans having 8 years or more experience are expected to earn about $33,287 on average.
| Levels | Salary |
|---|---|
| Entry Level Collections Clerk, Entry - Loans | $30,654 |
| Intermediate Level Collections Clerk, Entry - Loans | $31,427 |
| Senior Level Collections Clerk, Entry - Loans | $33,005 |
| Specialist Level Collections Clerk, Entry - Loans | $33,174 |
| Expert Level Collections Clerk, Entry - Loans | $33,287 |
| Entry Level | 3% |
| Mid Level | 1% |
| Senior Level | 4% |
| Top Level | 5% |
| Experienced | 5% |
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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.
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.
Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
