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How much does a Consumer Loan Collector II make?

As of March 01, 2025, the average annual salary for a Consumer Loan Collector II in the United States is $41,317. Salary.com reports that pay typically ranges from $38,458 to $45,690, with most professionals earning between $35,855 and $49,671.

Consumer Loan Collector II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $45,690 $3,808 $879 $22
Average $41,317 $3,443 $795 $20
25th Percentile $38,458 $3,205 $740 $18

Average Salary

25% $38,458 10% $35,855 90% $49,671 75% $45,690 $41,317 50%(Median) Didn’t find job title? Click
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How much does a Consumer Loan Collector II make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Consumer Loan Collector II 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 II 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 Collector II's Salary?

An entry-level Consumer Loan Collector II with less than 1 year of experience earns about $40,378. With 1-2 years of experience, the average salary increases to $40,464. For 2-4 years of experience, the pay typically rises to $41,643. Senior-level professionals with 5-8 years of experience earn around $43,471, and those with over 8 years of experience can expect an average of $43,601.

Levels Salary
Entry Level Consumer Loan Collector II $40,378
Intermediate Level Consumer Loan Collector II $40,464
Senior Level Consumer Loan Collector II $41,643
Specialist Level Consumer Loan Collector II $43,471
Expert Level Consumer Loan Collector II $43,601
$40,378 0 yr
$40,464 < 2 yrs
$41,643 2-4 yrs
$43,471 5-8 yrs
$43,601 > 8 yrs
Last Updated on March 01, 2025
Entry Level 2%
Mid Level 2%
Senior Level 1%
Top Level 5%
Experienced 6%
View as graph
Last Updated on March 01, 2025

How much does salary of Consumer Loan Collector II 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 Collector II is $51,646.
  • In New York, NY, the average annual salary is $48,258.
  • In Boston, MA, a Consumer Loan Collector II earns $46,316 per year.

What is the salary trend of Consumer Loan Collector II?

As of March 01, 2025, our research reveals a significant shift in Consumer Loan Collector II compensation over the past six years. For example, the median salary increased from $43,846 in 2023 to approximately $43,213 in 2024. (For a detailed analysis of Consumer Loan Collector II 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 II Over Time

2020
$???
2021
$???
2022
$???
$43,846
2023
$43,213
2024
$42,813
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$43,846
2024
$43,213
2025
$42,813
2026
$???
Last Updated on March 01, 2025

Consumer Loan Collector II Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $43,846
2024 $43,213
2025 $42,813
2026 View More
Last Updated on March 01, 2025

Job Openings of Consumer Loan Collector II

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

Most Common Benefits for Consumer Loan Collector II

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.7%
Bonuses 0.0%
Social Security 5.3%
401k/403b 3.2%
Disability 0.5%
Healthcare 10.1%
Pension 3.8%
Time Off 8.5%
Core Compensation
Core Compensation Median % of Total
Base Salary $41,317 68.7%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $3,161 5.3%
401K/403B $1,942 3.2%
Disability $331 0.5%
Healthcare $6,056 10.1%
Pension $2,272 3.8%
Time Off $5,085 8.5%
Total Compensation $60,163 100%
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 Collector II with different levels of education?

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

According to our 100% employer reported salary sources the median salary for a Consumer Loan Collector II with a High School Diploma or Technical Certificate is $43,069 - $45,166. 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 II Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Consumer Loan Collector II
Degree Level % of user with this level of education
High School 55.6%
Associates 11.1%
Bachelors 33.3%
Typical Education for Consumer Loan Collector II
High School 55.6%
Associates 11.1%
Bachelors 33.3%
view as table

Consumer Loan Collector II Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Consumer Loan Collector II

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

The average annual salary of Consumer Loan Collector II is $41,317. In case you are finding an easy salary calculator, the average hourly pay of Consumer Loan Collector II is $20; the average weekly pay of Consumer Loan Collector II is $795; the average monthly pay of Consumer Loan Collector II is $3,443.

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

A Consumer Loan Collector II'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 II earns the most in San Jose, CA, where the annual salary of a Consumer Loan Collector II is $51,853.

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

The highest pay for Consumer Loan Collector II is $49,671.

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

The lowest pay for Consumer Loan Collector II is $35,855.

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

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 equivalent. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience.

6. What are the skills of Consumer Loan Collector II

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.)

Call Center: A call centre or call center is a managed capability that can be centralised or remote that is used for receiving or transmitting a large volume of enquiries by telephone.

3.)

Microsoft Word: Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments

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 Collector II is $41,317 per year in the United States, updated at March 01, 2025.
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