How much does a Loan Collection Clerk II make in Chicago, IL? The average Loan Collection Clerk II salary in Chicago, IL is $43,462 as of March 26, 2024, but the range typically falls between $35,776 and $47,368. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Collection Clerk II Salary | $28,778 | Chicago,IL | March 26, 2024 |
25th Percentile Loan Collection Clerk II Salary | $35,776 | Chicago,IL | March 26, 2024 |
50th Percentile Loan Collection Clerk II Salary | $43,462 | Chicago,IL | March 26, 2024 |
75th Percentile Loan Collection Clerk II Salary | $47,368 | Chicago,IL | March 26, 2024 |
90th Percentile Loan Collection Clerk II Salary | $50,923 | Chicago,IL | March 26, 2024 |
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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.
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.
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.
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.
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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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.
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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.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Billing Clerk II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Consumer Loan Collection Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Consumer Loan Collection Supervisor I | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Consumer Loan Collection Supervisor II | Experience 3 - 5 | EducationBachelors | Salary Compared to This Job |
Job Title Loan Collection Call Auditor | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Collection Clerk II salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Loan Collection Clerk II salary varies from category to category. Click below to see Loan Collection Clerk II salary in different categories.
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About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More
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Loan Collection Clerk II Salary in popular cities: Aurora, Rockford, Joliet
Skills associated with Loan Collection Clerk II: Document Processing, Inquiry Research/Response, Data Entry-Keyboarding
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