Collections Clerk, Senior - Loans Salary in the United States

How much does a Collections Clerk, Senior - Loans make in the United States?

As of August 01, 2026, the average salary for a Collections Clerk, Senior - Loans in the United States is $51,200 per year, which breaks down to an hourly rate of $25.

However, a Collections Clerk, Senior - Loans's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $62,663
  • Majority Range (25th-75th percentile): $45,300 to $57,200
  • Entry-Level (10th percentile): $39,928
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI Onboarding
Recruit with AI
View as table View as graph 25% $45,300 10% $39,928 90% $62,663 75% $57,200 $51,200 50%(Median) Didn’t find job title? Click

Collections Clerk, Senior - Loans Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $57,200 $4,767 $1,100 $28
Average $51,200 $4,267 $985 $25
25th Percentile $45,300 $3,775 $871 $22
Check out Collections Clerk, Senior - Loans Job Openings in the United States
Chief AI Officer

Confidential - Columbus, OH

Associate Vice President Internal Communications

Confidential - Columbus, OH

Vice President Credit Risk Strategy&Data Science

Confidential - Columbus, OH

Regional Truck Driver Company

KreilKamp Trucking - Columbus, OH

Search More Collections Clerk, Senior - Loans Jobs in the United States

Key Factors That Influence Collections Clerk, Senior - Loans Salaries

A Collections Clerk, Senior - Loans's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.

How Experience Level Affects Collections Clerk, Senior - Loans Salaries?

Experience is a primary driver of a Collections Clerk, Senior - Loans's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Collections Clerk, Entry - Loans (0-1 years): $39,528
  • Collections Clerk, Experienced - Loans (1-3 years): $44,486
  • Collections Clerk, Senior - Loans (3-5 years): $51,133
Job Role Years of Experience Average Salary
Collections Clerk, Entry - Loans0-1 years$39,528
Collections Clerk, Experienced - Loans1-3 years$44,486
Collections Clerk, Senior - Loans3-5 years$51,133
$39,528 Collectio...
$44,486 Collectio...
$51,133 Collectio...
View as Table
View as Graph

What Am I Worth?

How Do Collections Clerk, Senior - Loans Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Collections Clerk, Senior - Loans. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $56,700.
  • California: $56,400.
  • Massachusetts: $55,700.

Top Paying Cities for Collections Clerk, Senior - Loans

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $64,500
  • San Francisco: $63,800
  • Oakland: $62,500

What Skills Can Increase a Collections Clerk, Senior - Loans's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 16.58% Job Postings): 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.
  • Call Center (Mentioned in 2.98% Job Postings): A call centre or call center is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone.
  • Bankruptcy (Mentioned in 1.55% Job Postings): Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
See More Skills
Skills Demand Percentage
Customer Service 16.58%
Call Center 2.98%
Bankruptcy 1.55%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Collections Clerk, Senior - Loans's salary.
  • Critical Thinking: Can increase your salary by up to 14%.
  • Microsoft Office: Can increase your salary by up to 14%.
  • Analytical Skills: Can increase your salary by up to 11%.
Skill Salary Salary % Increase
Critical Thinking
$58,368
14%
Microsoft Office
$58,368
14%
Analytical Skills
$56,832
11%
Credit Card
$55,808
9%
Customer Contact
$53,248
4%
Time Management
$53,248
4%
Get Latest Data

Collections Clerk, Senior - Loans Salary by Company Size: Startups vs. Enterprise

Collections Clerk, Senior - Loans salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $55,405. While startup companies pay approximate $46,906.

Collections Clerk, Senior - Loans Salary by Company Size

Company Size Employees Average Salary
Startup1~50$46,906
Growth Stage51~500$49,606
Established501~5000$53,513
Enterprise5000+$55,405

Collections Clerk, Senior - Loans Salary by Industry: Top Paying Sectors

For Collections Clerk, Senior - Loans roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Collections Clerk, Senior - Loans positions in Business Services typically offer lower base pay, as this sector often view Collections Clerk, Senior - Loans as a support function rather than a direct revenue driver.

The top paying industry for a Collections Clerk, Senior - Loans

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$61,440$30.020%

How Education impacts a Collections Clerk, Senior - Loans's Salary?

Your level of education can impact your salary potential. While many Collections Clerk, Senior - Loans enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Collections Clerk, Senior - Loans with a High School Diploma or Technical Certificate is between $51,637 and $54,391).

Collections Clerk, Senior - Loans Salaries by Degree Level

Typical Education for Collections Clerk, Senior - Loans
Degree Level % of user with this level of education
No Diploma 66.7%
High School 33.3%
Associates 66.7%
Bachelors 33.3%
Masters 0.0%
Doctorate 0.0%
view as graph

Collections Clerk, Senior - Loans Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Collections Clerk, Senior - Loans's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026

Collections Clerk, Senior - Loans Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Collections Clerk, Senior - Loans, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Collections Clerk, Senior - Loans Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Consumer Loan Collection Team Leader $62,000 21%
Account Settlement and Recovery Supervisor - Consumer Loans $60,000 17%
Delinquent Mortgage Collections Supervisor II $67,100 31%

Salary Trends for Collections Clerk, Senior - Loans

Salaries for a Collections Clerk, Senior - Loans can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $48,790 in 2023 to around $47,940 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Collections Clerk, Senior - Loans salary trends, .

Average Annual Salary of Collections Clerk, Senior - Loans Over Time

2022
$???
2023
$48,790
2024
$48,264
2025
$47,940
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $48,790
2024 $48,264
2025 $47,940
2026
View More
2027
View More

Most common benefits for Collections Clerk, Senior - Loans

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
For Employers

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning

Common company salaries for Collections Clerk, Senior - Loans

Here are companies hiring for Collections Clerk, Senior - Loans and their salaries, click below for more details.

Find Your Next Collections Clerk, Senior - Loans Job

Ready to take the next step in your career? Browse thousands of current Collections Clerk, Senior - Loans job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Vice President, Payments Engineering. About the Company. Globally-recognized provider of corporate payment solutions. Industry. Financial Services. Type. P... more

    21 Days Ago

  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Senior Vice President of Project Delivery. About the Company. A multi-billion-dollar construction organization with collaborative, servant-minded leadershi... more

    21 Days Ago

  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Chief of Staff. About the Company. Innovative travel platform for booking & managing work trips. Industry. Computer Software. Type. Privately Held, VC-back... more

    21 Days Ago

  • McDonalds

    Columbus, OH

    McDonalds | Columbus, OH

    McDonald’s is seeking Crew Team Members to assist with daily restaurant operations including customer service, food preparation, and maintaining restaurant... more

    28 Days Ago

  • Amazon Flex

    Columbus, OH

    Amazon Flex | Columbus, OH

    Amazon Flex Delivery Drivers use their own vehicle to deliver Amazon packages to customers on scheduled delivery blocks. Drivers are responsible for pickin... more

    28 Days Ago

  • Confidential

    Columbus, OH

    Confidential | Columbus, OH

    Vice President, Commercial. About the Company. Globally-recognized manufacturer of packaging components & delivery systems for injectable drugs. Industry. ... more

    1 Month Ago

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

FAQ about Collections Clerk, Senior - Loans

1. What industry pays the highest salary for Collections Clerk, Senior - Loans?

The Financial Services industry offers the highest average compensation for Collections Clerk, Senior - Loans roles, with salaries approximately 20% above the market median.

2. What are the duties of a debtors clerk?

A debtors' clerk manages customer accounts and recovers debts for an organization. They maintain records using books, record cards, or computer systems, performing routine tasks within the accounts department. The salary for a Collections Clerk, Senior - Loans ranges from $49,600 to $58,600, with a midpoint of $54,700.

3. What is a collection clerk?

A Collection Clerk is responsible for managing and collecting past due payments from customers, which includes contacting them, negotiating payment plans, and updating account information. They work across various industries such as finance, healthcare, and retail. The salary for this role typically ranges from $49,600 to $58,600, with a midpoint of $54,700.

4. How much does a creditors clerk make in South Africa?

In South Africa, a Collections Clerk, Senior - Loans typically earns between ZAR 49,600 and ZAR 58,600 annually. This translates to a monthly salary range of approximately ZAR 4,133 to ZAR 4,883, with a midpoint average of ZAR 54,700 per year, or about ZAR 4,558 per month.

5. What jobs pay the most?

The highest paying occupations include cardiologists with a median pay of $239,200, followed by physicians at $236,000 and prosthodontists at $234,000. In comparison, a Collections Clerk, Senior - Loans earns between $49,600 and $58,600, with a median salary of $54,700, which is significantly lower than these top-paying roles.

6. How much do debit clerks make in South Africa?

The salary for a Collections Clerk, Senior - Loans in South Africa ranges from R 49,600 to R 58,600 annually, with a midpoint of R 54,700. Entry-level positions typically start at R 49,600, while experienced professionals can earn up to R 58,600 per year.

7. How much is a clerk paid?

The estimated total pay for a Collections Clerk, Senior - Loans ranges from $49,600 to $58,600 annually, with a midpoint salary of $54,700. This reflects the typical earnings for this position, providing a clear overview of the salary expectations in this role.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
lower level job