As of April 01, 2025, the average annual salary for a Loan Collection Clerk I in Revere, MA is $44,093. According to Salary.com, salaries can range from a low of $36,676 to a high of $50,775, with most professionals earning between $40,211 and $47,591.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $42,671 | $3,556 | $821 | $21 |
| Average | $39,535 | $3,295 | $760 | $19 |
| 25th Percentile | $36,054 | $3,005 | $693 | $17 |
An entry-level Loan Collection Clerk I with under 1 year experience makes about $43,398. With less than 2 years of experience, a mid-level Loan Collection Clerk I makes around $44,198. After 2-4 years, the Loan Collection Clerk I pay rises to about $45,659. Those senior Loan Collection Clerk I with 5-8 years of experience earn roughly $45,816, and those Loan Collection Clerk I having 8 years or more experience are expected to earn about $45,920 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Collection Clerk I | $43,398 |
| Intermediate Level Loan Collection Clerk I | $44,198 |
| Senior Level Loan Collection Clerk I | $45,659 |
| Specialist Level Loan Collection Clerk I | $45,816 |
| Expert Level Loan Collection Clerk I | $45,920 |
| Entry Level | 10% |
| Mid Level | 12% |
| Senior Level | 15% |
| Top Level | 16% |
| Experienced | 16% |
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