As of August 01, 2026, the average salary for a Consumer Loan Collector, Entry in the United States is $39,600 per year, which breaks down to an hourly rate of $19.
However, a Consumer Loan Collector, Entry's salary can vary significantly. Here’s a look at the typical salary range:
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A Consumer Loan Collector, Entry'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.
Experience is a primary driver of a Consumer Loan Collector, Entry'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Consumer Loan Collector, Entry | 0-1 years | $39,528 |
| Consumer Loan Collector, Experienced | 1-3 years | $44,399 |
| Consumer Loan Collector, Senior | 3-5 years | $49,676 |
| Consumer Loan Collection Team Leader | 5+ years | $61,956 |
| Consumer Loan Collection Senior Team Leader | 5+ years | $73,233 |
What Am I Worth?
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 Consumer Loan Collector, Entries. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 12.18% |
| Microsoft Office | 2.83% |
| Consumer Service | 1.61% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Innovation
|
$71,676 |
81%
|
|
Collaborating
|
$60,192 |
52%
|
|
KPI
|
$51,084 |
29%
|
|
Teamwork
|
$44,748 |
13%
|
|
Attention to Detail
|
$43,956 |
11%
|
|
Listening
|
$43,956 |
11%
|
Consumer Loan Collector, Entry salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $42,853. While startup companies pay approximate $36,279.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $36,279 |
| Growth Stage | 51~500 | $38,367 |
| Established | 501~5000 | $41,389 |
| Enterprise | 5000+ | $42,853 |
For Consumer Loan Collector, Entry 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, Consumer Loan Collector, Entry positions in Business Services typically offer lower base pay, as this sector often view Consumer Loan Collector, Entry as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $47,520 | $23.0 | 20% |
Your level of education can impact your salary potential. While many Consumer Loan Collector, Entries 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 Consumer Loan Collector, Entry with a High School Diploma or Technical Certificate is between $37,806 and $39,552).
Consumer Loan Collector, Entry Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.5% |
| High School | 50.0% |
| Associates | 14.7% |
| Bachelors | 29.4% |
| Masters | 4.4% |
| Doctorate | 0.0% |
Understanding how a Consumer Loan Collector, Entry'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, 2026Promotions are the fastest way to increase your earnings. As a Consumer Loan Collector, Entry, 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.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Consumer Loan Collector, Experienced | $44,400 | 12% |
| Account Settlement Representative II - Consumer Loans | $43,300 | 9% |
| Collections Clerk, Experienced - Loans | $44,500 | 12% |
| Delinquent Mortgage Collector II | $54,100 | 37% |
Salaries for a Consumer Loan Collector, Entry can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $39,825 in 2023 to around $38,934 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Consumer Loan Collector, Entry salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $39,825 |
| 2024 | $39,233 |
| 2025 | $38,934 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Financial Services industry offers the highest average compensation for Consumer Loan Collector, Entry roles, with salaries approximately 20% above the market median.
To become a loan officer with no experience, consider earning a degree, though it's not mandatory. Specialize in a specific area, update your CV, and apply for entry-level positions. As a Consumer Loan Collector, you can expect a salary ranging from $38,300 to $44,100. Focus on advancing your career and continue learning to enhance your skills.
The estimated total pay range for a Consumer Loan Collector at OneMain Financial is approximately $38,300 to $44,100 annually. The average salary for this position is around $41,000 per year. This includes both base salary and any additional compensation.
OneMain Financial offers competitive salaries for various positions. For a Consumer Loan Collector, the salary ranges from a minimum of $38,300 to a maximum of $44,100, with a midpoint of $41,000. This reflects a solid compensation structure compared to other roles within the company, ensuring employees are fairly rewarded for their contributions.
Loan officers can earn a decent salary, but typically not six figures. For entry-level Consumer Loan Collectors, salaries range from approximately $38,300 to $44,100 annually. While top earners in the mortgage sector may reach six figures through commissions, entry-level positions generally offer lower compensation.
Loan officers earn competitive salaries, with entry-level Consumer Loan Collectors making between $38,300 and $44,100 annually. Their compensation often includes a base salary and commissions based on loan amounts, which can increase with higher interest rates or fees, reflecting their role in facilitating loans and managing client relationships.
Debt collection agents in the US, specifically Consumer Loan Collectors, earn between $38,300 and $44,100 annually. The average salary is approximately $41,000 per year, reflecting the typical earnings within this role. These figures provide a clear overview of the salary range for entry-level positions in this field.
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