As of March 01, 2025, the average annual salary for a Consumer Loan Collection/Recovery Manager in the United States is $97,576. Salary.com reports that pay typically ranges from $81,151 to $114,209, with most professionals earning between $66,196 and $129,353.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $114,209 | $9,517 | $2,196 | $55 |
| Average | $97,576 | $8,131 | $1,876 | $47 |
| 25th Percentile | $81,151 | $6,763 | $1,561 | $39 |
An entry-level Consumer Loan Collection/Recovery Manager with less than 1 year of experience earns about $90,451. With 1-2 years of experience, the average salary increases to $91,179. For 2-4 years of experience, the pay typically rises to $92,391. Senior-level professionals with 5-8 years of experience earn around $94,088, and those with over 8 years of experience can expect an average of $96,513.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Collection/Recovery Manager | $90,451 |
| Intermediate Level Consumer Loan Collection/Recovery Manager | $91,179 |
| Senior Level Consumer Loan Collection/Recovery Manager | $92,391 |
| Specialist Level Consumer Loan Collection/Recovery Manager | $94,088 |
| Expert Level Consumer Loan Collection/Recovery Manager | $96,513 |
| Entry Level | 7% |
| Mid Level | 7% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Consumer Loan Collection/Recovery Manager compensation over the past six years. For example, the median salary increased from $116,423 in 2023 to approximately $116,531 in 2024. (For a detailed analysis of Consumer Loan Collection/Recovery Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Consumer Loan Collection/Recovery Manager information for you to search for. Click on search button below to see Consumer Loan Collection/Recovery Manager job openings or enter a new job title here.
Here are companies hiring for Consumer Loan Collection/Recovery Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $97,576 | 64.4% | ||
| Bonus | $13,434 | 8.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $8,492 | 5.6% | ||
| 401K/403B | $5,217 | 3.4% | ||
| Disability | $888 | 0.6% | ||
| Healthcare | $6,056 | 4.0% | ||
| Pension | $6,106 | 4.0% | ||
| Time Off | $13,663 | 9.0% | ||
| Total Compensation | $151,431 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 25.0% |
| Associates | 20.0% |
| Bachelors | 40.0% |
| Masters | 15.0% |
What Am I Worth?
The average annual salary of Consumer Loan Collection/Recovery Manager is $97,576. In case you are finding an easy salary calculator, the average hourly pay of Consumer Loan Collection/Recovery Manager is $47; the average weekly pay of Consumer Loan Collection/Recovery Manager is $1,876; the average monthly pay of Consumer Loan Collection/Recovery Manager is $8,131.
A Consumer Loan Collection/Recovery 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/Recovery Manager earns the most in San Jose, CA, where the annual salary of a Consumer Loan Collection/Recovery Manager is $122,458.
The highest pay for Consumer Loan Collection/Recovery Manager is $129,353.
The lowest pay for Consumer Loan Collection/Recovery Manager is $66,196.
Consumer Loan Collection/Recovery Manager manages a group of collection/recovery supervisors and develops collection strategies to minimize "bad debt" portfolio loss. Responsible for initial and ongoing training for all subordinate personnel. Being a Consumer Loan Collection/Recovery Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection/Recovery Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection/Recovery Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
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.
