As of March 01, 2025, the average annual salary for a Consumer Loan Collection/Recovery Rep. III in the United States is $46,376. Salary.com reports that pay typically ranges from $40,526 to $52,330, with most professionals earning between $35,200 and $57,751.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,330 | $4,361 | $1,006 | $25 |
| Average | $46,376 | $3,865 | $892 | $22 |
| 25th Percentile | $40,526 | $3,377 | $779 | $19 |
An entry-level Consumer Loan Collection/Recovery Rep. III with less than 1 year of experience earns about $43,264. With 1-2 years of experience, the average salary increases to $43,696. For 2-4 years of experience, the pay typically rises to $44,558. Senior-level professionals with 5-8 years of experience earn around $47,610, and those with over 8 years of experience can expect an average of $49,192.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Collection/Recovery Rep. III | $43,264 |
| Intermediate Level Consumer Loan Collection/Recovery Rep. III | $43,696 |
| Senior Level Consumer Loan Collection/Recovery Rep. III | $44,558 |
| Specialist Level Consumer Loan Collection/Recovery Rep. III | $47,610 |
| Expert Level Consumer Loan Collection/Recovery Rep. III | $49,192 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 6% |
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 Rep. III compensation over the past six years. For example, the median salary increased from $48,790 in 2023 to approximately $48,264 in 2024. (For a detailed analysis of Consumer Loan Collection/Recovery Rep. III 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 Rep. III information for you to search for. Click on search button below to see Consumer Loan Collection/Recovery Rep. III job openings or enter a new job title here.
Here are companies hiring for Consumer Loan Collection/Recovery Rep. III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $46,376 | 58.9% | ||
| Bonus | $9,128 | 11.6% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $4,246 | 5.4% | ||
| 401K/403B | $2,609 | 3.3% | ||
| Disability | $444 | 0.6% | ||
| Healthcare | $6,056 | 7.7% | ||
| Pension | $3,053 | 3.9% | ||
| Time Off | $6,831 | 8.7% | ||
| Total Compensation | $78,743 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 50.0% |
| Associates | 50.0% |
What Am I Worth?
The average annual salary of Consumer Loan Collection/Recovery Rep. III is $46,376. In case you are finding an easy salary calculator, the average hourly pay of Consumer Loan Collection/Recovery Rep. III is $22; the average weekly pay of Consumer Loan Collection/Recovery Rep. III is $892; the average monthly pay of Consumer Loan Collection/Recovery Rep. III is $3,865.
A Consumer Loan Collection/Recovery Rep. III'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 Rep. III earns the most in San Jose, CA, where the annual salary of a Consumer Loan Collection/Recovery Rep. III is $58,202.
The highest pay for Consumer Loan Collection/Recovery Rep. III is $57,751.
The lowest pay for Consumer Loan Collection/Recovery Rep. III is $35,200.
Consumer Loan Collection/Recovery Rep. III is responsible for contacting "bad debt" customers to collect payments and settle accounts. Approve account settlements within realm of authority. Being a Consumer Loan Collection/Recovery Rep. III requires a high school diploma. Typically reports to a supervisor. The Consumer Loan Collection/Recovery Rep. III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Consumer Loan Collection/Recovery Rep. III typically requires 3-5 years of related experience.
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.
