As of August 01, 2026, the average salary for a Credit Analyst I - Lending in the United States is $59,430 per year, which breaks down to an hourly rate of $29.
However, a Credit Analyst I - Lending's salary can vary significantly. Here’s a look at the typical salary range:
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A Credit Analyst I - Lending'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 Credit Analyst I - Lending'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 |
|---|---|---|
| Credit Analyst I - Lending | 0-2 years | $59,421 |
| Consumer Loan Credit Analyst II | 2-4 years | $69,382 |
| Consumer Loan Credit Analyst III | 4-7 years | $85,461 |
| Consumer Loan Credit Analyst IV | 7+ years | $103,774 |
| Consumer Loan Credit Supervisor I | 7+ years | $95,495 |
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 Credit Analyst I - Lendings. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 18.89% |
| Commercial Loans | 2.27% |
| Billing | 1.5% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Portfolio Management
|
$80,231 |
35%
|
|
Decision Making
|
$80,231 |
35%
|
|
Balance Sheet
|
$80,231 |
35%
|
|
Integrity
|
$77,259 |
30%
|
|
Critical Thinking
|
$77,259 |
30%
|
|
Flexibility
|
$74,288 |
25%
|
Credit Analyst I - Lending salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $63,318. While startup companies pay approximate $53,766.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $53,766 |
| Growth Stage | 51~500 | $56,817 |
| Established | 501~5000 | $61,201 |
| Enterprise | 5000+ | $63,318 |
For Credit Analyst I - Lending roles, the industry you choose can impact your earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Credit Analyst I - Lending positions in Business Services typically offer lower base pay, as this sector often view Credit Analyst I - Lending as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $77,259 | $37.0 | 30% |
Your level of education can impact your salary potential. While many Credit Analyst I - Lendings enter the field with a Bachelor's Degree 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 Credit Analyst I - Lending with a Bachelor's Degree is between $57,160 and $61,922).
Credit Analyst I - Lending Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 2.8% |
| High School | 5.6% |
| Associates | 2.8% |
| Bachelors | 77.8% |
| Masters | 11.1% |
| Doctorate | 0.0% |
Understanding how a Credit Analyst I - Lending'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 Credit Analyst I - Lending, 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 |
|---|---|---|
| Intermediate Mortgage Underwriter | $73,400 | 24% |
| Consumer Loan Credit Analyst II | $69,400 | 17% |
Salaries for a Credit Analyst I - Lending can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $58,203 in 2023 to around $57,984 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Credit Analyst I - Lending salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $58,203 |
| 2024 | $58,091 |
| 2025 | $57,984 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Financial Services industry offers the highest average compensation for Credit Analyst I - Lending roles, with salaries approximately 30% above the market median.
A credit analyst at Capital Bank typically earns a salary ranging from $53,370 to $71,240 annually, with a midpoint salary of $62,300. This range reflects the varying levels of experience and responsibilities within the role.
The salary for a credit analyst typically ranges from R4,448 to R5,936 per month, with a midpoint of R5,192. This translates to an annual salary between R53,370 and R71,240, with the average being around R62,300. Salaries may vary based on experience, industry, and location.
To pursue a career as a credit analyst, a bachelor's degree in business, finance, or accounting is typically required. Alternatively, an associate degree combined with relevant experience in a financial institution may suffice. Salaries for credit analysts range from $53,370 to $71,240, with a median salary of $62,300.
Credit analysts typically work full time, often exceeding 40 hours a week. Their role involves making critical decisions that impact others, necessitating accuracy and the ability to meet deadlines. Salaries for credit analysts range from a minimum of $53,370 to a maximum of $71,240, with a median salary of $62,300.
Credit analysts typically earn between $53,370 and $71,240 annually, with a median salary of $62,300. While some cities like New York and Greenville offer significantly higher salaries, the average range reflects the broader market. It's essential to consider location, experience, and industry when evaluating potential earnings in this role.
The salary for a Credit Analyst in Lending ranges from a minimum of $53,370 to a maximum of $71,240, with a mid-salary of $62,300. While various analyst roles exist, those in finance, particularly credit analysis, can earn competitive salaries, making it one of the higher-paying analyst positions.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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