As of May 01, 2026, the average salary for a Consumer Loan Collection Manager in the United States is $103,035 per year, which breaks down to an hourly rate of $50.
However, a Consumer Loan Collection Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Consumer Loan Collection Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Consumer Loan Collection Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Consumer Loan Collection Supervisor I | 0-3 years | $61,932 |
| Consumer Loan Collection Supervisor II | 3-5 years | $73,227 |
| Consumer Loan Collection Manager | 5+ years | $103,035 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Consumer Loan Collection Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 7.64% |
| Bankruptcy | 2.4% |
| Loss Mitigation | 1.24% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Initiative
|
$136,006 |
32%
|
|
Quality Control
|
$124,672 |
21%
|
|
Billing
|
$123,642 |
20%
|
|
Loss Prevention
|
$120,551 |
17%
|
|
Quality Assurance
|
$120,551 |
17%
|
|
Coordination
|
$115,399 |
12%
|
Your level of education can impact your salary potential. While many Consumer Loan Collection Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Consumer Loan Collection Manager with a Bachelor's Degree is between $100,361 and $107,645).
Consumer Loan Collection Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.8% |
| High School | 43.6% |
| Associates | 14.5% |
| Bachelors | 34.5% |
| Masters | 3.6% |
| Doctorate | 1.8% |
Understanding how a Consumer Loan Collection Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 01, 2026Salaries for a Consumer Loan Collection Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $116,423 in 2023 to around $114,802 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Consumer Loan Collection Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $116,423 |
| 2024 | $116,531 |
| 2025 | $114,802 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Consumer Loan Collection Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Consumer Loan Collection Manager earns the most in San Jose, CA, where the annual salary of a Consumer Loan Collection Manager is $129,958.
The highest pay for Consumer Loan Collection Manager is $124,684.
The lowest pay for Consumer Loan Collection Manager is $80,681.
Responsible for managing the collection efforts of an organization. Develops collection strategies to minimize collection portfolio loss. Designs and implements collection processes, policies, and procedures. Analyzes data, tracks metrics, and identifies trends to improve efficiency and results. Ensures the team is working efficiently and effectively to collect outstanding debts. May require a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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