As of April 01, 2025, the average annual salary for a Credit Manager - Lending in Michigan is $135,303. Salary.com reports that pay typically ranges from $132,823 to $150,173, with most professionals earning between $130,565 and $163,711.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $152,476 | $12,706 | $2,932 | $73 |
| Average | $137,369 | $11,447 | $2,642 | $66 |
| 25th Percentile | $134,856 | $11,238 | $2,593 | $65 |
An entry-level Credit Manager - Lending with under 1 year experience makes about $133,802. With less than 2 years of experience, a mid-level Credit Manager - Lending makes around $134,023. After 2-4 years, the Credit Manager - Lending pay rises to about $134,318. Those senior Credit Manager - Lending with 5-8 years of experience earn roughly $134,761, and those Credit Manager - Lending having 8 years or more experience are expected to earn about $135,314 on average.
| Levels | Salary |
|---|---|
| Entry Level Credit Manager - Lending | $133,802 |
| Intermediate Level Credit Manager - Lending | $134,023 |
| Senior Level Credit Manager - Lending | $134,318 |
| Specialist Level Credit Manager - Lending | $134,761 |
| Expert Level Credit Manager - Lending | $135,314 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 1% |
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Credit Manager - Lending salary varies from city to city. Compared with national average salary of Credit Manager - Lending, the highest Credit Manager - Lending salary is in San Francisco, CA, where the Credit Manager - Lending salary is 24.9% above. The lowest Credit Manager - Lending salary is in Miami, FL, where the Credit Manager - Lending salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $171,583 |
24.9%
|
| Washington, DC | $152,113 |
10.7%
|
| Miami, FL | $132,003 |
|
| Chicago, IL | $141,973 |
3.3%
|
| Boston, MA | $153,223 |
11.5%
|
| New York, NY | $159,213 |
15.9%
|
