Consumer Loan Credit Supervisor II Salary in the United States

FAQ about Consumer Loan Credit Supervisor II

1. Is credit control a stressful job?

Credit control can indeed be a stressful job. Managing overdue accounts often involves navigating difficult interactions with uncooperative customers, which demands resilience and professionalism. However, the role of a Consumer Loan Credit Supervisor, with a salary range of $102,900 to $138,700, reflects the importance and challenges of effectively managing credit risk in a financial environment.

2. What is the difference between credit manager and credit controller?

Credit controllers have various career paths, including advancement to Credit Manager or Transactional Manager. Credit Managers, earning between $102,900 and $138,700, oversee credit controllers and ensure business solvency through effective cash flow management. This role represents a significant step up in responsibility and salary within the credit management field.

3. Does OneMain Financial pay well?

OneMain Financial offers competitive salaries, particularly for roles like Consumer Loan Credit Supervisor, with a salary range from $102,900 to $138,700. This positions them favorably compared to other roles within the company, which can vary significantly, from around $36,000 for entry-level positions to $159,000 for specialized roles like iOS Developer.

4. How do loan officers make so much money?

Loan officers can earn substantial salaries, with Consumer Loan Credit Supervisors making between $102,900 and $138,700 annually. Their income often includes higher commissions for loans with elevated interest rates or fees, along with performance-based bonuses. Borrowers should be aware of how loan officers are compensated and inquire about any associated fees and costs.

5. How much does a credit officer make at Bank of America?

The salary for a Consumer Loan Credit Supervisor typically ranges from $102,900 to $138,700 per year, with a midpoint of $121,700. This figure may vary based on experience and location. Additional compensation may also be available, which can include bonuses or other incentives.

6. How much does a credit controller earn in USA?

As of now, the salary for a Consumer Loan Credit Supervisor in the United States ranges from $102,900 to $138,700 annually, with a median salary of $121,700. This translates to approximately $49.42 to $66.66 per hour, or $8,575 to $11,558 monthly, depending on experience and location.