How much does a Consumer Loan Collection/Recovery Manager make?

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.

Consumer Loan Collection/Recovery Manager Salaries by Percentile
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

Average Salary

25% $81,151 10% $66,196 90% $129,353 75% $114,209 $97,576 50%(Median) Didn’t find job title? Click
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How much does a Consumer Loan Collection/Recovery Manager make by hour, week, month, and year?

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

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Consumer Loan Collection/Recovery Manager's Salary?

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
$90,451 0 yr
$91,179 < 2 yrs
$92,391 2-4 yrs
$94,088 5-8 yrs
$96,513 > 8 yrs
Last Updated on March 01, 2025
Entry Level 7%
Mid Level 7%
Senior Level 5%
Top Level 4%
Experienced 1%
View as graph
Last Updated on March 01, 2025

How much does salary of Consumer Loan Collection/Recovery Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Consumer Loan Collection/Recovery Manager is $121,970.
  • In New York, NY, the average annual salary is $113,968.
  • In Boston, MA, a Consumer Loan Collection/Recovery Manager earns $109,382 per year.

What is the salary trend of Consumer Loan Collection/Recovery Manager?

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.

Average Annual Salary of Consumer Loan Collection/Recovery Manager Over Time

2020
$???
2021
$???
2022
$???
$116,423
2023
$116,531
2024
$114,802
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$116,423
2024
$116,531
2025
$114,802
2026
$???
Last Updated on March 01, 2025

Consumer Loan Collection/Recovery Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $116,423
2024 $116,531
2025 $114,802
2026 View More
Last Updated on March 01, 2025

Job Openings of Consumer Loan Collection/Recovery Manager

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.

Most Common Benefits for Consumer Loan Collection/Recovery Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 64.4%
Bonuses 8.9%
Social Security 5.6%
401k/403b 3.4%
Disability 0.6%
Healthcare 4.0%
Pension 4.0%
Time Off 9.0%
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%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Consumer Loan Collection/Recovery Manager with different levels of education?

Salaries for Consumer Loan Collection/Recovery Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Consumer Loan Collection/Recovery Manager with a Bachelor's Degree is $89,967 - $98,968. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Consumer Loan Collection/Recovery Manager Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Consumer Loan Collection/Recovery Manager
Degree Level % of user with this level of education
High School 25.0%
Associates 20.0%
Bachelors 40.0%
Masters 15.0%
Typical Education for Consumer Loan Collection/Recovery Manager
High School 25.0%
Associates 20.0%
Bachelors 40.0%
Masters 15.0%
view as table

Consumer Loan Collection/Recovery Manager Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Consumer Loan Collection/Recovery Manager

1. What is the average salary of a Consumer Loan Collection/Recovery Manager?

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.

2. Where can a Consumer Loan Collection/Recovery Manager earn the most?

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.

3. What is the highest pay for Consumer Loan Collection/Recovery Manager?

The highest pay for Consumer Loan Collection/Recovery Manager is $129,353.

4. What is the lowest pay for Consumer Loan Collection/Recovery Manager?

The lowest pay for Consumer Loan Collection/Recovery Manager is $66,196.

5. What are the responsibilities of Consumer Loan Collection/Recovery Manager?

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.

About Our Data

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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The average salary for a Consumer Loan Collection/Recovery Manager is $97,576 per year in the United States, updated at March 01, 2025.
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