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How much does a Loan /Bad Debt Recovery Representative I make in the United States? The average Loan /Bad Debt Recovery Representative I salary in the United States is $36,890 as of March 26, 2024, but the range typically falls between $31,190 and $39,090. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Loan /Bad Debt Recovery Representative I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan /Bad Debt Recovery Representative I Salary $26,000 US March 26, 2024
25th Percentile Loan /Bad Debt Recovery Representative I Salary $31,190 US March 26, 2024
50th Percentile Loan /Bad Debt Recovery Representative I Salary $36,890 US March 26, 2024
75th Percentile Loan /Bad Debt Recovery Representative I Salary $39,090 US March 26, 2024
90th Percentile Loan /Bad Debt Recovery Representative I Salary $41,093 US March 26, 2024
25% $31,190 10% $26,000 90% $41,093 75% $39,090 $36,890 50%(Median) Didn’t find job title? Click
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Job Description

The Loan /Bad Debt Recovery Representative I initiates account settlements pre-approved by a supervisor. Responsible for contacting "bad debt" customers to collect payments and settle accounts. Being a Loan /Bad Debt Recovery Representative I typically reports to a supervisor. Requires a high school diploma or its equivalent. Being a Loan /Bad Debt Recovery Representative I may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. (Copyright 2024 Salary.com)

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Job Openings for Loan /Bad Debt Recovery Representative I

Career Path for this job

  1. This Job:

    Loan /Bad Debt Recovery Representative I

    0 - 1 years experience
    High School Diploma or Technical Certificate

  2. Up a level:

    Account Settlement Representative II - Consumer Loans

    1 - 3 years experience
    High School Diploma or Technical Certificate

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Average Base Salary

Core compensation

 
 
 
31190
39090
36890

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
33890
45990
41390
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan /Bad Debt Recovery Representative I in the United States. The base salary for Loan /Bad Debt Recovery Representative I ranges from $31,190 to $39,090 with the average base salary of $36,890. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $33,890 to $45,990 with the average total cash compensation of $41,390.
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31190
39090

 

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