Consumer Loan Collector I Salary in the United States

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Consumer Loan Collector I Salary in the United States

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How much does a Consumer Loan Collector I make?

As of August 01, 2025, the average annual salary for a Consumer Loan Collector I in the United States is around $39,528, with an hourly rate of $19. The average salary ranges from $33,615 (10th percentile) to $45,284 (90th percentile), with the majority earning between $36,433 (25th percentile) and $42,541 (75th percentile). A Consumer Loan Collector I's salary is shaped by several key factors, including experience level, specific skills, industry differences, company size, and so on. Below, we'll dive deeper into each of these factors to help you understand how they impact compensation.

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Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $36,433 10% $33,615 90% $45,284 75% $42,541 $39,528 50%(Median) Didn’t find job title? Click
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Consumer Loan Collector I Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $42,541 $3,545 $818 $20
Average $39,528 $3,294 $760 $19
25th Percentile $36,433 $3,036 $701 $18
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Check out Consumer Loan Collector I Job Openings in the United States
Consumer Loan Specialist - Sales Customer Service

Republic Finance - Tallmadge, OH

Experienced Loan Officer - Consumer Direct

Mutual of Omaha Mortgage - Independence, OH

Consumer Loan Underwriter

KEMBA Financial Credit Union - Columbus, OH

Experienced Loan Officer - Consumer Direct

Mutual of Omaha Mortgage - Columbus, OH

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How much does a Consumer Loan Collector I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Consumer Loan Collector I 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 Collector I hourly pay, weekly pay, monthly pay and so on.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on August 01, 2025
$36,433
Average $39,528/year
$42,541
$3,036
Average $3,294/month
$3,545
$701
Average $760/week
$818
$18
Average $19/hour
$20
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $42,541 $3,545 $818 $20
Average $39,528 $3,294 $760 $19
25th Percentile $36,433 $3,036 $701 $18

How does experience level affect a Consumer Loan Collector I's Salary?

An entry-level Consumer Loan Collector I with less than 1 year of experience earns about $39,297. With 1-2 years of experience, the average salary increases to $39,618. For 2-4 years of experience, the pay typically rises to $40,292. Senior-level professionals with 5-8 years of experience earn around $40,427, and those with over 8 years of experience can expect an average of $40,517.

Levels Salary
Entry Level Consumer Loan Collector I $39,297
Intermediate Level Consumer Loan Collector I $39,618
Senior Level Consumer Loan Collector I $40,292
Specialist Level Consumer Loan Collector I $40,427
Expert Level Consumer Loan Collector I $40,517
$39,297 0 yr
$39,618 < 2 yrs
$40,292 2-4 yrs
$40,427 5-8 yrs
$40,517 > 8 yrs
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What Am I Worth?

How much does salary of Consumer Loan Collector I vary from state to state?

Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.

For example, as of August 01, 2025:
  • In California, the average yearly salary for a Consumer Loan Collector I is $43,599.
  • In Massachusetts, the average annual salary is $43,018.
  • In New Jersey, a Consumer Loan Collector I earns $42,844 per year.
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How much does salary of Consumer Loan Collector I 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 August 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Consumer Loan Collector I is $49,367.
  • In New York, NY, the average annual salary is $45,809.
  • In Boston, MA, a Consumer Loan Collector I earns $44,086 per year.
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What are the salaries of a Consumer Loan Collector I with different levels of education?

Salaries for Consumer Loan Collector I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Consumer Loan Collector I with a High School Diploma or Technical Certificate is $38,666 - $40,209. 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 Collector I Salaries by Degree Level

Typical Education for Consumer Loan Collector I
Degree Level % of user with this level of education
No Diploma 1.5%
High School 50.0%
Associates 14.7%
Bachelors 29.4%
Masters 4.4%
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Salaries of jobs related to Consumer Loan Collector I

What is the salary trend of Consumer Loan Collector I?

As of August 01, 2025, our research reveals a significant shift in Consumer Loan Collector I compensation over the past six years. For example, the median salary increased from $39,825 in 2023 to approximately $38,934 in 2025. (For a detailed analysis of Consumer Loan Collector I 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 Collector I Over Time

2022
$???
2023
$39,825
2024
$39,233
2025
$38,934
2026
$???
Year Average Annual Salary
2022 View More
2023 $39,825
2024 $39,233
2025 $38,934
2026 View More

Consumer Loan Collector I bonus and incentive rates

Based on HR-reported data: a national average with a geographic differential
Base Salary 61.7%
Bonuses 7.4%
Social Security 5.3%
401k/403b 3.2%
Disability 0.6%
Healthcare 9.5%
Pension 3.8%
Time Off 8.5%
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Core Compensation
Median % of Total
Base Salary $39,528 61.7%
Bonus $4,760 7.4%
Value of Benefits
Median % of Total
Social Security $3,388 5.3%
401K/403B $2,082 3.2%
Disability $354 0.6%
Healthcare $6,056 9.5%
Pension $2,436 3.8%
Time Off $5,451 8.5%
Total Compensation $64,054 100%
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Most common benefits for Consumer Loan Collector I

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)

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Common company salaries for Consumer Loan Collector I

Here are companies hiring for Consumer Loan Collector I and their salaries, click below for more details.

Job openings of Consumer Loan Collector I

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

United States
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San Francisco, CA Washington, DC Miami, FL Chicago, IL Boston, MA
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FAQ about Consumer Loan Collector I

1. What is the average salary of a Consumer Loan Collector I?

The average annual salary of Consumer Loan Collector I is $39,528. In case you are finding an easy salary calculator, the average hourly pay of Consumer Loan Collector I is $19; the average weekly pay of Consumer Loan Collector I is $760; the average monthly pay of Consumer Loan Collector I is $3,294.

2. Where can a Consumer Loan Collector I earn the most?

A Consumer Loan Collector I'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 Collector I earns the most in San Jose, CA, where the annual salary of a Consumer Loan Collector I is $49,857.

3. What is the highest pay for Consumer Loan Collector I?

The highest pay for Consumer Loan Collector I is $45,284.

4. What is the lowest pay for Consumer Loan Collector I?

The lowest pay for Consumer Loan Collector I is $33,615.

5. What are the responsibilities of Consumer Loan Collector I?

Contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining suitable collection solution. Requires a high school diploma or its equivalent. Typically reports to a supervisor. 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.

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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