Loan/Bad Debt Recovery Manager Salary in Michigan

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Loan/Bad Debt Recovery Manager Salary in Michigan

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Loan/Bad Debt Recovery Manager Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $111,390 $9,283 $2,142 $54
Average $100,890 $8,408 $1,940 $49
25th Percentile $93,690 $7,808 $1,802 $45

Average Salary

25% $93,690 10% $87,135 90% $120,950 75% $111,390 $100,890 50%(Median)
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How much does Loan/Bad Debt Recovery Manager make by hour, week, month, and year?

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Last Updated on May 01, 2025
$93,690
Average
$100,890/year
$111,390
$7,808
Average
$8,408/month
$9,283
$1,802
Average
$1,940/week
$2,142
$45
Average
$49/hour
$54
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $111,390 $9,283 $2,142 $54
Average $100,890 $8,408 $1,940 $49
25th Percentile $93,690 $7,808 $1,802 $45

How Does Experience Level Affect Loan/Bad Debt Recovery Manager's Salary?

An entry-level Loan/Bad Debt Recovery Manager with under 1 year experience makes about $98,213. With less than 2 years of experience, a mid-level Loan/Bad Debt Recovery Manager makes around $98,539. After 2-4 years, the Loan/Bad Debt Recovery Manager pay rises to about $99,083. Those senior Loan/Bad Debt Recovery Manager with 5-8 years of experience earn roughly $99,844, and those Loan/Bad Debt Recovery Manager having 8 years or more experience are expected to earn about $100,932 on average.

Levels Salary
Entry Level Loan/Bad Debt Recovery Manager $98,213
Intermediate Level Loan/Bad Debt Recovery Manager $98,539
Senior Level Loan/Bad Debt Recovery Manager $99,083
Specialist Level Loan/Bad Debt Recovery Manager $99,844
Expert Level Loan/Bad Debt Recovery Manager $100,932
$98,213 0 yr
$98,539 < 2 yrs
$99,083 2-4 yrs
$99,844 5-8 yrs
$100,932 > 8 yrs
Last Updated on May 01, 2025
Entry Level 4%
Mid Level 4%
Senior Level 3%
Top Level 3%
Experienced 1%
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Last Updated on May 01, 2025

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Cost of Living In Michigan

Cost of Living in Michigan is
-1.5% Lower
than the National Average
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View Loan/Bad Debt Recovery Manager Pay Difference by Location

Loan/Bad Debt Recovery Manager salary varies from city to city. Compared with national average salary of Loan/Bad Debt Recovery Manager, the highest Loan/Bad Debt Recovery Manager salary is in San Francisco, CA, where the Loan/Bad Debt Recovery Manager salary is 24.9% above. The lowest Loan/Bad Debt Recovery Manager salary is in Miami, FL, where the Loan/Bad Debt Recovery Manager salary is 3.9% lower than national average salary.

City, State Price Compared to national average
San Francisco, CA $127,990
24.9%
Washington, DC $113,490
10.7%
Miami, FL $98,490
-3.9%
Chicago, IL $105,890
3.3%
Boston, MA $114,290
11.5%
New York, NY $118,790
15.9%

About Our Data

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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The average salary for Loan/Bad Debt Recovery Manager is $100,890 per year in Michigan, updated at May 01, 2025.
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