upper level job

How much does a Loan Collections Specialist II make?

As of December 01, 2024, the average annual pay of Loan Collections Specialist II in Bloomington, IN is $41,520. While Salary.com is seeing that Loan Collections Specialist II salary in Bloomington, IN can go up to $49,009 or down to $35,120, but most earn between $38,170 and $45,440. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Collections Specialist II in the United States.

Loan Collections Specialist II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $45,440 $3,787 $874 $22
Average $41,520 $3,460 $798 $20
25th Percentile $38,170 $3,181 $734 $18

Average Salary

25% $38,170 10% $35,120 90% $49,009 75% $45,440 $41,520 50%(Median) Didn’t find job title? Click
Change Search Criteria

View Loan Collections Specialist II Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Loan Collections Specialist II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Loan Collections Specialist II hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Loan Collections Specialist II $40,215
Intermediate Level Loan Collections Specialist II $40,314
Senior Level Loan Collections Specialist II $41,598
Specialist Level Loan Collections Specialist II $43,230
Expert Level Loan Collections Specialist II $43,347
$40,215 0 yr
$40,314 < 2 yrs
$41,598 2-4 yrs
$43,230 5-8 yrs
$43,347 > 8 yrs
Last Updated on December 01, 2024
Entry Level 3%
Mid Level 3%
Senior Level 0%
Top Level 4%
Experienced 4%
View as graph
Last Updated on December 01, 2024

Job Openings of Loan Collections Specialist II

Salary.com job board provides millions of Loan Collections Specialist II information for you to search for. Click on search button below to see Loan Collections Specialist II job openings or enter a new job title here.

Cost of Living In Bloomington, IN

Cost of Living in Bloomington , IN is
0.3% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Loan Collections Specialist II

What skills does a Loan Collections Specialist II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Call Center: A call centre or call center is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone.

3.

Microsoft Word: Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments

Customer Service 7.69%
Call Center 3.85%
Microsoft Word 1.92%
Others 86.54%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Loan Collections Specialist II higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Leadership, you can get a 9% salary raise. If you are good at Loan Collections, your salary will increase by 3%. If you are expert in Loss Mitigation, your salary will rise by 3%.
Skill Salary Demand
Leadership
$45,257
9%
Loan Collections
$42,766
3%
Loss Mitigation
$42,766
3%
Office Administration
$42,350
2%
Attention to Detail
$42,350
2%
Loan Origination
$41,935
1%
Last Updated on December 01, 2024

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.

Is this useful?

The average salary for a Loan Collections Specialist II is $41,520 per year in Bloomington, IN, updated at December 01, 2024.
Is this useful? Maybe
lower level job