How much does a Loan Collection Clerk II make in the United States? The average Loan Collection Clerk II salary in the United States is $41,524 as of April 24, 2024, but the range typically falls between $34,184 and $45,261. 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. 

Loan Collection Clerk II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Collection Clerk II Salary $27,501 US April 24, 2024
25th Percentile Loan Collection Clerk II Salary $34,184 US April 24, 2024
50th Percentile Loan Collection Clerk II Salary $41,524 US April 24, 2024
75th Percentile Loan Collection Clerk II Salary $45,261 US April 24, 2024
90th Percentile Loan Collection Clerk II Salary $48,662 US April 24, 2024
25% $34,184 10% $27,501 90% $48,662 75% $45,261 $41,524 50%(Median) Didn’t find job title? Click
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What skills does a Loan Collection Clerk 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.

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 15.65%
Credit Card 2.42%
Futures 1.35%
Others 80.58%

Job Description for Loan Collection Clerk II

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

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Job Openings for Loan Collection Clerk II
  • At The Blood Connection, every role plays a part in saving lives. Join our team and help make an impact in your community today. 30 Days PTO. Use it, Cash ...
    - 1 Month Ago
  • At Nebraska Furniture Mart (NFM), we’ve been hiring friends since 1937—people who share our passion for helping customers feel right at home. If you share ...
    - 1 Month Ago
  • LSI Staffing has a 1st shift Receiving Clerk Warehouse Opening paying $17.00/hr. Hours are from Monday – Friday 8:30am-5:00pm w/occasional OT. Walking, Sta...
    - 15 Days Ago
  • Company. . US1113 FreshPoint Southern California, Inc. Zip Code. 91744. Minimum Level of Education. High School or Equivalent. Minimum Years of Experience....
    - 2 Days Ago
  • Company. . US0164 Sysco Gulf Coast, Inc. Zip Code. 36340. Minimum Level of Education. High School or Equivalent. Minimum Years of Experience. 1 Year. Emplo...
    - 2 Days Ago

Career Path for Loan Collection Clerk 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 Loan Collection Clerk 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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Loan Collection Clerk II salary varies from city to city. Compared with national average salary of Loan Collection Clerk II, the highest Loan Collection Clerk II salary is in San Francisco, CA, where the Loan Collection Clerk II salary is 25.0% above. The lowest Loan Collection Clerk II salary is in Miami, FL, where the Loan Collection Clerk II 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

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Understand the total compensation opportunity for a Loan Collection Clerk II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
34184
45261
41524

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
35111
47749
42316
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Collection Clerk II in the United States. The base salary for Loan Collection Clerk II ranges from $34,184 to $45,261 with the average base salary of $41,524. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $35,111 to $47,749 with the average total cash compensation of $42,316.
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34184
45261

 

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Skills associated with Loan Collection Clerk II: Inquiry Research/Response, Data Entry-Keyboarding, Document Processing

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Loan Collection Clerk II Salary in United States
Loan Collection Clerk II Salary Graph, Regional Distribution and Summary