How much does a Consumer Loan Collector III make in the United States? The average Consumer Loan Collector III salary in the United States is $51,331 as of June 27, 2024, but the range typically falls between $46,665 and $55,666. 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 III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Loan Collector III Salary $42,417 US June 27, 2024
25th Percentile Consumer Loan Collector III Salary $46,665 US June 27, 2024
50th Percentile Consumer Loan Collector III Salary $51,331 US June 27, 2024
75th Percentile Consumer Loan Collector III Salary $55,666 US June 27, 2024
90th Percentile Consumer Loan Collector III Salary $59,613 US June 27, 2024
25% $46,665 10% $42,417 90% $59,613 75% $55,666 $51,331 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Consumer Loan Collector III 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 9.52%
Call Center 4.76%
Microsoft Word 2.38%
Others 83.34%
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Job Description for Consumer Loan Collector III

Consumer Loan Collector III 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 a suitable collection solution. Being a Consumer Loan Collector III may train or coach less experienced staff in strategies to remedy delinquent accounts. Supervises, leads, directs, and trains lower level consumer loan collecting staff. Additionally, Consumer Loan Collector III requires a high school diploma or equivalent. Typically reports to a supervisor. The Consumer Loan Collector 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 Collector III typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Consumer Loan Collector III.

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

Job Openings for Consumer Loan Collector III
  • About us. We are a therapy company that provides services to skilled nursing facilities including Physical, Occupational, and Speech Therapy. We are partne...
    - 1 Month Ago
  • Description. HIGH ENERGY, PATIENT CENTERED BEHAVIORAL HEALTH THERAPISTS NEEDED. The need for behavioral health services is growing in Southern New Mexico. ...
    - 1 Day Ago
  • Description. HIGH ENERGY, PATIENT CENTERED BEHAVIORAL HEALTH THERAPISTS NEEDED. The need for behavioral health services is growing in Southern New Mexico. ...
    - 1 Day Ago
  • Description. HIGH ENERGY, PATIENT CENTERED BEHAVIORAL HEALTH THERAPISTS NEEDED. The need for behavioral health services is growing in Southern New Mexico. ...
    - 1 Day Ago
  • Description. HIGH ENERGY, PATIENT CENTERED BEHAVIORAL HEALTH THERAPISTS NEEDED. The need for behavioral health services is growing in Southern New Mexico. ...
    - 1 Day Ago

Career Path for Consumer Loan Collector III

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

The second career path typically progresses to Consumer Loan Collection/Recovery Supervisor.

Additionally, the third career path typically starts with a Mortgage Collection Supervisor I position, and then progresses to Mortgage Collection Supervisor II.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Consumer Loan Collector III

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Consumer Loan Collector III salary varies from city to city. Compared with national average salary of Consumer Loan Collector III, the highest Consumer Loan Collector III salary is in San Francisco, CA, where the Consumer Loan Collector III salary is 25.0% above. The lowest Consumer Loan Collector III salary is in Miami, FL, where the Consumer Loan Collector III salary is 3.5% 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
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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 III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
46665
55666
51331

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48688
58894
54021
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Collector III in the United States. The base salary for Consumer Loan Collector III ranges from $46,665 to $55,666 with the average base salary of $51,331. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,688 to $58,894 with the average total cash compensation of $54,021.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

46665
55666

 

Step 3 of 3

How much should you be paid?

View the Cost of Living in Major Cities

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

Recently searched related titles: Inventory Officer, Lms Coordinator, Inventory Planning

Jobs with a similar salary range to Consumer Loan Collector III : Service Delivery Specialist, Lead Collector, Weekend Tracker

Salary estimation for Consumer Loan Collector III at companies like : Hospital for Behavioral Medicine, College Cooperative SE, Valley Bureau

Jobs with a similar salary range to Consumer Loan Collector III : Dog Kennel Owner, Recovery Worker, Safety Management Specialist

Consumer Loan Collector III Salary in United States
Consumer Loan Collector III Salary Graph, Regional Distribution and Summary