As of April 01, 2025, the average annual salary for a Loan Collections Specialist II in New York is $43,930. Salary.com reports that pay typically ranges from $40,890 to $48,580, with most professionals earning between $38,122 and $52,814.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $45,690 | $3,808 | $879 | $22 |
| Average | $41,317 | $3,443 | $795 | $20 |
| 25th Percentile | $38,458 | $3,205 | $740 | $18 |
An entry-level Loan Collections Specialist II with under 1 year experience makes about $42,929. With less than 2 years of experience, a mid-level Loan Collections Specialist II makes around $43,020. After 2-4 years, the Loan Collections Specialist II pay rises to about $44,274. Those senior Loan Collections Specialist II with 5-8 years of experience earn roughly $46,215, and those Loan Collections Specialist II having 8 years or more experience are expected to earn about $46,354 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Collections Specialist II | $42,929 |
| Intermediate Level Loan Collections Specialist II | $43,020 |
| Senior Level Loan Collections Specialist II | $44,274 |
| Specialist Level Loan Collections Specialist II | $46,215 |
| Expert Level Loan Collections Specialist II | $46,354 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 7% |
| Top Level | 12% |
| Experienced | 12% |
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