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As of August 01, 2026, the average salary for a Consumer Loan Manager in Massachusetts is $111,500 per year, which breaks down to an hourly rate of $54.
However, a Consumer Loan Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Consumer Loan Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $124,500 | $10,375 | $2,394 | $60 |
| Average | $111,500 | $9,292 | $2,144 | $54 |
| 25th Percentile | $98,300 | $8,192 | $1,890 | $47 |
Mass Bay Credit Union - Roxbury Crossing, MA
Mass Bay Credit Union - Boston, MA
DCU Opportunities - Marlborough, MA
Mass Bay Credit Union - Boston, MA
A Consumer Loan Manager'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, and company size can directly affect your earning potential.
Experience is a primary driver of a Consumer Loan Manager'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 Manager | 7+ years | $111,440 |
| Regional Consumer Lending Senior Manager | 7+ years | $129,823 |
| Regional Consumer Lending Director | 7+ years | $197,643 |
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 Managers. For example, consider the average annual salaries in these key locations:
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:
Consumer Loan Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $120,047. While startup companies pay approximate $101,742.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $101,742 |
| Growth Stage | 51~500 | $107,575 |
| Established | 501~5000 | $115,967 |
| Enterprise | 5000+ | $120,047 |
For Consumer Loan Manager roles, the industry you choose can affect earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the Edu., Gov't. & Nonprofit and Insurance sectors offer the strongest compensation, at 10% above the average. In contrast, Consumer Loan Manager positions in Business Services or Financial Services typically offer lower base pay, as these industries often view Consumer Loan Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $122,650 | $59.0 | 10% |
| Insurance | $122,650 | $59.0 | 10% |
Understanding how a Consumer Loan Manager'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $124,500 | $10,375 | $2,394 | $60 |
| Average | $111,500 | $9,292 | $2,144 | $54 |
| 25th Percentile | $98,300 | $8,192 | $1,890 | $47 |
For a Consumer Loan Manager, the most direct path to higher earnings is advancing to the Regional Consumer Lending Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $129,830 - a projected growth of 16% over your current level.
Ready to take the next step in your career? Browse thousands of current Consumer Loan Manager job openings on our job board. Use the search bar below to find your perfect match.
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