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As of October 01, 2026, the average salary for a Consumer Loan Support Representative I in Michigan is $64,500 per year, which breaks down to an hourly rate of $31.
However, a Consumer Loan Support Representative I's salary can vary significantly. Here’s a look at the typical salary range:
Consumer Loan Support Representative I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $76,300 | $6,358 | $1,467 | $37 |
| Average | $64,500 | $5,375 | $1,240 | $31 |
| 25th Percentile | $60,200 | $5,017 | $1,158 | $29 |
A Consumer Loan Support Representative I'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 Support Representative I'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:
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Support Representative I | $62,924 |
| Intermediate Level Consumer Loan Support Representative I | $63,240 |
| Senior Level Consumer Loan Support Representative I | $64,062 |
| Specialist Level Consumer Loan Support Representative I | $66,603 |
| Expert Level Consumer Loan Support Representative I | $68,877 |
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 Support Representative I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $69,454. While startup companies pay approximate $58,885.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $58,885 |
| Growth Stage | 51~500 | $62,260 |
| Established | 501~5000 | $67,076 |
| Enterprise | 5000+ | $69,454 |
For Consumer Loan Support Representative I roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Consumer Loan Support Representative positions in Insurance or Business Services typically offer lower base pay, as these industries often view Consumer Loan Support Representative I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $96,750 | $47.0 | 50% |
| Edu., Gov't. & Nonprofit | $83,850 | $40.0 | 30% |
Understanding how a Consumer Loan Support Representative I'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 | $76,300 | $6,358 | $1,467 | $37 |
| Average | $64,500 | $5,375 | $1,240 | $31 |
| 25th Percentile | $60,200 | $5,017 | $1,158 | $29 |
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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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