As of January 01, 2025, the average annual salary for a Consumer Loan Collection/Recovery Rep. III in Minneapolis, MN is $48,982. Salary.com reports that pay typically ranges from $42,809 to $55,270, with most professionals earning between $37,188 and $60,994.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,092 | $4,341 | $1,002 | $25 |
| Average | $46,166 | $3,847 | $888 | $22 |
| 25th Percentile | $40,347 | $3,362 | $776 | $19 |
An entry-level Consumer Loan Collection/Recovery Rep. III with under 1 year experience makes about $45,903. With less than 2 years of experience, a mid-level Consumer Loan Collection/Recovery Rep. III makes around $46,361. After 2-4 years, the Consumer Loan Collection/Recovery Rep. III pay rises to about $47,276. Those senior Consumer Loan Collection/Recovery Rep. III with 5-8 years of experience earn roughly $50,514, and those Consumer Loan Collection/Recovery Rep. III having 8 years or more experience are expected to earn about $52,193 on average.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Collection/Recovery Rep. III | $45,903 |
| Intermediate Level Consumer Loan Collection/Recovery Rep. III | $46,361 |
| Senior Level Consumer Loan Collection/Recovery Rep. III | $47,276 |
| Specialist Level Consumer Loan Collection/Recovery Rep. III | $50,514 |
| Expert Level Consumer Loan Collection/Recovery Rep. III | $52,193 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 9% |
| Experienced | 13% |
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