How much does a Loan Collection Clerk I make in Colorado? The average Loan Collection Clerk I salary in Colorado is $34,332 as of April 24, 2024, but the range typically falls between $30,252 and $38,447. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Collection Clerk I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Collection Clerk I Salary $26,538 CO April 24, 2024
25th Percentile Loan Collection Clerk I Salary $30,252 CO April 24, 2024
50th Percentile Loan Collection Clerk I Salary $34,332 CO April 24, 2024
75th Percentile Loan Collection Clerk I Salary $38,447 CO April 24, 2024
90th Percentile Loan Collection Clerk I Salary $42,193 CO April 24, 2024
25% $30,252 10% $26,538 90% $42,193 75% $38,447 $34,332 50%(Median) Didn’t find job title? Click
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What skills does a Loan Collection Clerk I 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.

Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Customer Service 15.8%
Credit Card 2.45%
Futures 1.33%
Others 80.42%

Job Description for Loan Collection Clerk I

Loan Collection Clerk I supports the collections group by performing routine administrative and clerical tasks. Inputs data, coordinates document distribution, and responds to customer requests related to loans. Being a Loan Collection Clerk I requires a high school diploma. Typically reports to a supervisor. The Loan Collection Clerk I possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Collection Clerk I in Colorado
  • iLending is hiring experienced sales professionals for Loan Consultant Positions. We are looking for full-time, career-oriented individuals who want to joi...
    - 3 Months Ago
  • iLending is hiring experienced sales professionals for Loan Consultant Positions. We are looking for full-time, career-oriented individuals who want to joi...
    - 3 Months Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 11 Months Ago
  • Position Summary. The Accountant I will perform routine accounting activities including preparing and processing receivable payments, client statements and...
    - 1 Month Ago
  • Overview. About Spring EQ. Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a nati...
    - 2 Months Ago

Select a city to view specific salary and bonus information for Loan Collection Clerk I

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Location Avg. Salary Date Updated
Location Jefferson, CO Avg. Salary $34,265 Date Updated April 24, 2024
Location Agate, CO Avg. Salary $33,558 Date Updated April 24, 2024
Location Aguilar, CO Avg. Salary $32,245 Date Updated April 24, 2024
Location Akron, CO Avg. Salary $32,616 Date Updated April 24, 2024
Location Alamosa, CO Avg. Salary $32,245 Date Updated April 24, 2024
Location Allenspark, CO Avg. Salary $35,174 Date Updated April 24, 2024
Location Alma, CO Avg. Salary $34,366 Date Updated April 24, 2024
Location Almont, CO Avg. Salary $34,534 Date Updated April 24, 2024
Location Amherst, CO Avg. Salary $31,976 Date Updated April 24, 2024
Location Anton, CO Avg. Salary $33,928 Date Updated April 24, 2024

Career Path for Loan Collection Clerk I

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

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

The third career path typically starts with a Loan Collection Clerk II position, and then progresses to Loan Collection Clerk III.

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

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Loan Collection Clerk I Salary in Colorado
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