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What is the highest and lowest pay for Loan Collection Clerk I?

As of December 01, 2024, the average annual pay of Loan Collection Clerk I in Medford, MA is $38,267. While Salary.com is seeing that the highest pay for Loan Collection Clerk I in Medford, MA can go up to $47,031 and the lowest down to $29,586, but most earn between $33,723 and $42,854. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Collection Clerk I in the United States.

Loan Collection Clerk I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $38,229 $3,186 $735 $18
Average $34,136 $2,845 $656 $16
25th Percentile $30,083 $2,507 $579 $14

Average Salary

25% $33,723 10% $29,586 90% $47,031 75% $42,854 $38,267 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Loan Collection Clerk I $37,303
Intermediate Level Loan Collection Clerk I $38,250
Senior Level Loan Collection Clerk I $40,161
Specialist Level Loan Collection Clerk I $40,365
Expert Level Loan Collection Clerk I $40,502
$37,303 0 yr
$38,250 < 2 yrs
$40,161 2-4 yrs
$40,365 5-8 yrs
$40,502 > 8 yrs
Last Updated on December 01, 2024
Entry Level 9%
Mid Level 12%
Senior Level 18%
Top Level 18%
Experienced 19%
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Last Updated on December 01, 2024

Job Openings of Loan Collection Clerk I

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

Cost of Living In Medford, MA

Cost of Living in Medford , MA is
53.1% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Loan Collection Clerk I

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%
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About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Loan Collection Clerk I is $38,267 per year in Medford, MA, updated at December 01, 2024.
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