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Consumer Loan Collection Manager Salary in the United States

How much does a Consumer Loan Collection Manager make in the United States?

As of August 01, 2026, the average salary for a Consumer Loan Collection Manager in the United States is $103,058 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:

  • Top Earners (90th percentile): $124,822
  • Majority Range (25th-75th percentile): $91,364 to $114,450
  • Entry-Level (10th percentile): $80,717
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Consumer Loan Collection Manager Salaries

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.

How Experience Level Affects Consumer Loan Collection Manager Salaries?

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:

  • Consumer Loan Collection Supervisor I (0-3 years): $61,956
  • Consumer Loan Collection Supervisor II (3-5 years): $73,233
  • Consumer Loan Collection Manager (5+ years): $103,058
Job Role Years of Experience Average Salary
Consumer Loan Collection Supervisor I0-3 years$61,956
Consumer Loan Collection Supervisor II3-5 years$73,233
Consumer Loan Collection Manager5+ years$103,058
View as Graph

How Do Consumer Loan Collection Managers Salaries Vary from State to State?

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:
  • District of Columbia: $114,106.
  • California: $113,673.
  • Massachusetts: $112,158.

Top Paying Cities for Consumer Loan Collection Manager

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $129,987
  • San Francisco: $128,564
  • Oakland: $125,854

What Skills Can Increase a Consumer Loan Collection Manager's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 7.64% Job Postings): 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.
  • Bankruptcy (Mentioned in 2.4% Job Postings): Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
  • Loss Mitigation (Mentioned in 1.24% Job Postings): Loss mitigation is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure. These new terms are typically obtained through loan modification, short sale negotiation, short refinance negotiation, deed in lieu of foreclosure, cash-for-keys negotiation, a partial claim loan, repayment plan, forbearance, or other loan work-out. All of the options serve the same purpose, to stabilize the risk of loss the lender (investor) is in danger of realizing../
Skills Demand Percentage
Customer Service 7.64%
Bankruptcy 2.4%
Loss Mitigation 1.24%
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What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Consumer Loan Collection Manager's salary.

  • Initiative: Can increase your salary by up to 32%.
  • Quality Control: Can increase your salary by up to 21%.
  • Billing: Can increase your salary by up to 20%.
Skill Salary Salary % Increase
Initiative $136,037
32%
Quality Control $124,700
21%
Billing $123,670
20%
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Consumer Loan Collection Manager Salary by Company Size: Startups vs. Enterprise

Consumer Loan Collection Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $111,523. While startup companies pay approximate $94,415.

Consumer Loan Collection Manager Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $94,415
Growth Stage 51~500 $99,849
Established 501~5000 $107,713
Enterprise 5000+ $111,523

Consumer Loan Collection Manager Salary by Industry: Top Paying Sectors

For Consumer Loan Collection Manager roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Consumer Loan Collection Manager positions in Financial Services typically offer lower base pay, as this sector often view Consumer Loan Collection Manager as a support function rather than a direct revenue driver.

The top paying industry for a Consumer Loan Collection Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Business Services$123,670$59.020%

How Education impacts an Consumer Loan Collection Manager's Salary?

Your level of education can impact your salary potential. While many Consumer Loan Collection Manager enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Consumer Loan Collection Manager with a Bachelor's Degree is between $100,361 and $107,645.

Consumer Loan Collection Manager Salaries by Degree Level

Typical Education for Consumer Loan Collection Manager
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%
View as Graph

Consumer Loan Collection Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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 August 01, 2026
$91,364
Average $103,058/year
$114,450
$7,614
Average $8,588/month
$9,538
$1,757
Average $1,982/week
$2,201
$44
Average $50/hour
$55
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $114,450 $9,538 $2,201 $55
Average $103,058 $8,588 $1,982 $50
25th Percentile $91,364 $7,614 $1,757 $44

Most common benefits for Consumer Loan Collection Manager

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Consumer Loan Collection Manager

Here are companies hiring for Consumer Loan Collection Manager and their salaries, click below for more details.

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FAQ about Consumer Loan Collection Manager

1. Where can a Consumer Loan Collection Manager earn the most?

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 $129,987.

2. What is the highest pay for Consumer Loan Collection Manager?

The highest pay for Consumer Loan Collection Manager is $124,822.

3. What is the lowest pay for Consumer Loan Collection Manager?

The lowest pay for Consumer Loan Collection Manager is $80,717.

4. What are the responsibilities of Consumer Loan Collection Manager?

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.

5. What industry pays the highest salary for Consumer Loan Collection Manager?

The Business Services industry offers the highest average compensation for Consumer Loan Collection Manager roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

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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