How much does a Loan Collections Specialist I make in Bloomington, IN?
As of February 01, 2025, the average annual salary for a Loan Collections Specialist I in Bloomington, IN is $37,780. Salary.com reports that pay typically ranges from $35,310 to $40,690, with most professionals earning between $33,061 and $43,339.
How much does a Loan Collections Specialist I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Collections Specialist I salary data based on specialized databases to help you get a fairer salary.
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Last Updated on February 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$40,690 |
$3,391 |
$783 |
$20 |
Average |
$37,780 |
$3,148 |
$727 |
$18 |
25th Percentile |
$35,310 |
$2,943 |
$679 |
$17 |
Last Updated on February 01, 2025
How Does Experience Level Affect a Loan Collections Specialist I's Salary?
An entry-level Loan Collections Specialist I with under 1 year experience makes about $37,220.
With less than 2 years of experience, a mid-level Loan Collections Specialist I makes around $37,488.
After 2-4 years, the Loan Collections Specialist I pay rises to about $38,133.
Those senior Loan Collections Specialist I with 5-8 years of experience earn roughly $38,262, and those Loan Collections Specialist I having 8 years or more experience are expected to earn about $38,348 on average.
Levels |
Salary |
Entry Level Loan Collections Specialist I
|
$37,220
|
Intermediate Level Loan Collections Specialist I
|
$37,488
|
Senior Level Loan Collections Specialist I
|
$38,133
|
Specialist Level Loan Collections Specialist I
|
$38,262
|
Expert Level Loan Collections Specialist I
|
$38,348
|
$37,220
0 yr
$37,488
< 2 yrs
$38,133
2-4 yrs
$38,262
5-8 yrs
$38,348
> 8 yrs
Last Updated on February 01, 2025
Entry Level
|
1%
|
Mid Level
|
1%
|
Senior Level
|
1%
|
Top Level
|
1%
|
Experienced
|
2%
|
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Last Updated on February 01, 2025