How much does a Consumer Loan Collector II make in Aitkin, MN? The average Consumer Loan Collector II salary in Aitkin, MN is $42,081 as of February 26, 2024, but the range typically falls between $38,367 and $46,323. 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 Collector II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Loan Collector II Salary $34,986 Aitkin,MN February 26, 2024
25th Percentile Consumer Loan Collector II Salary $38,367 Aitkin,MN February 26, 2024
50th Percentile Consumer Loan Collector II Salary $42,081 Aitkin,MN February 26, 2024
75th Percentile Consumer Loan Collector II Salary $46,323 Aitkin,MN February 26, 2024
90th Percentile Consumer Loan Collector II Salary $50,186 Aitkin,MN February 26, 2024
25% $38,367 10% $34,986 90% $50,186 75% $46,323 $42,081 50%(Median) Didn’t find job title? Click
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What skills does a Consumer Loan Collector II 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.

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

Customer Service 7.69%
Call Center 3.85%
Microsoft Word 1.92%
Others 86.54%

Job Description for Consumer Loan Collector II

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. Being a Consumer Loan Collector II requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Collector II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Collector II typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Career Path for Consumer Loan Collector II

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

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

The third career path typically progresses to Loan Collection Clerk III.

Additionally, the fourth career path typically starts with a Mortgage Collector III 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 Collector II salary varies from city to city. Compared with national average salary of Consumer Loan Collector II, the highest Consumer Loan Collector II salary is in San Francisco, CA, where the Consumer Loan Collector II salary is 25.0% above. The lowest Consumer Loan Collector II salary is in Miami, FL, where the Consumer Loan Collector II salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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 Collector II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
38367
46323
42081

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
39925
49094
44372
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Collector II in Aitkin, MN. The base salary for Consumer Loan Collector II ranges from $38,367 to $46,323 with the average base salary of $42,081. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,925 to $49,094 with the average total cash compensation of $44,372.
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38367
46323

 

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About Aitkin, Minnesota    Aitkin (/ˈeɪkɪn/ AY-kin) is a city in Aitkin County, Minnesota, United States. The population was 2,165 at the 2010 census. It is the county seat of ....More

Aitkin, Minnesota  area prices were up 1.3% from a year ago    View the Cost of Living in Aitkin, Minnesota

Consumer Loan Collector II Salary in popular cities: MinneapolisSaint PaulRochester

Skills associated with Consumer Loan Collector II: Negotiation, Outbound Collection Calling, Credit and Collections Software, Issue Resolution

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