How much does a Consumer Loan Collection/Recovery Rep. I make in the United States? The average Consumer Loan Collection/Recovery Rep. I salary in the United States is $36,915 as of April 24, 2024, but the range typically falls between $31,215 and $39,107. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Consumer Loan Collection/Recovery Rep. I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Loan Collection/Recovery Rep. I Salary $26,026 US April 24, 2024
25th Percentile Consumer Loan Collection/Recovery Rep. I Salary $31,215 US April 24, 2024
50th Percentile Consumer Loan Collection/Recovery Rep. I Salary $36,915 US April 24, 2024
75th Percentile Consumer Loan Collection/Recovery Rep. I Salary $39,107 US April 24, 2024
90th Percentile Consumer Loan Collection/Recovery Rep. I Salary $41,103 US April 24, 2024
25% $31,215 10% $26,026 90% $41,103 75% $39,107 $36,915 50%(Median) Didn’t find job title? Click
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What skills does a Consumer Loan Collection/Recovery Rep. I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: 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.

2.

Microsoft Windows: Windows is a group of several proprietary graphical operating system families developed and marketed by Microsoft. Each family caters to a certain sector of the computing industry.

3.

Credit Management: Granting and paying credit within the defined payment terms and conditions to improve the revenue and profit of the company.

Customer Service 17.31%
Microsoft Windows 2.27%
Credit Management 1.22%
Others 79.2%

Job Description for Consumer Loan Collection/Recovery Rep. I

Consumer Loan Collection/Recovery Rep. I is responsible for contacting "bad debt" customers to collect payments and settle accounts. Initiates account settlements pre-approved by a supervisor. Being a Consumer Loan Collection/Recovery Rep. I requires a high school diploma or its equivalent. Typically reports to a supervisor. The Consumer Loan Collection/Recovery Rep. I may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Consumer Loan Collection/Recovery Rep. I information for you to search for. Click on search button below to see Consumer Loan Collection/Recovery Rep. I job openings or enter a new job title here.

Job Openings for Consumer Loan Collection/Recovery Rep. I
  • Are you goal oriented, competitive, and enjoy meeting sales goals but tired of the stress of your salary being tied to commission. Take your successful sal...
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  • Goal oriented and self motivated. Take your successful sales experience and put it towards helping customers with their consumer loan needs. The candidate ...
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  • Are you goal oriented, competitive, and enjoy meeting sales goals but tired of the stress of your salary being tied to commission. Take your successful sal...
    - Just Posted
  • Are you goal oriented, competitive, and enjoy meeting sales goals but tired of the stress of your salary being tied to commission. Take your successful sal...
    - Just Posted
  • Are you goal oriented, competitive, and enjoy meeting sales goals but tired of the stress of your salary being tied to commission. Take your successful sal...
    - 3 Days Ago

Career Path for Consumer Loan Collection/Recovery Rep. I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Consumer Loan Collection/Recovery Rep. I, the first career path typically starts with a Consumer Loan Collector II position, and then Consumer Loan Collection Supervisor I.

The second career path typically starts with a Consumer Loan Collection/Recovery Rep. II position, and then progresses to Consumer Loan Collection/Recovery Supervisor.

The third career path typically starts with a Loan Collection Clerk II position, and then progresses to Loan Collection Clerk III.

Additionally, the fourth career path typically starts with a Mortgage Collector II position, and then progresses to Mortgage Collection Supervisor I.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Consumer Loan Collection/Recovery Rep. I salary varies from city to city. Compared with national average salary of Consumer Loan Collection/Recovery Rep. I, the highest Consumer Loan Collection/Recovery Rep. I salary is in San Francisco, CA, where the Consumer Loan Collection/Recovery Rep. I salary is 25.0% above. The lowest Consumer Loan Collection/Recovery Rep. I salary is in Miami, FL, where the Consumer Loan Collection/Recovery Rep. I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Consumer Loan Collection/Recovery Rep. I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
31215
39107
36915

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
33936
46093
41417
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Collection/Recovery Rep. I in the United States. The base salary for Consumer Loan Collection/Recovery Rep. I ranges from $31,215 to $39,107 with the average base salary of $36,915. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $33,936 to $46,093 with the average total cash compensation of $41,417.
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For a real-time salary target, tell us more about your role in the four categories below.

31215
39107

 

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Skills associated with Consumer Loan Collection/Recovery Rep. I: Credit and Collections Software, Outbound Collection Calling, Banking Software, Loan Collections

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Consumer Loan Collection/Recovery Rep. I Salary in United States
Consumer Loan Collection/Recovery Rep. I Salary Graph, Regional Distribution and Summary