What is the salary range of Loan Collection Clerk III?

As of December 01, 2024, the average annual pay of Loan Collection Clerk III in Framingham, MA is $59,115. While Salary.com is seeing that Loan Collection Clerk III salary in Framingham, MA can go up to $67,244 or down to $48,764, but most earn between $53,697 and $63,370. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Collection Clerk III in the United States.

Loan Collection Clerk III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $58,405 $4,867 $1,123 $28
Average $54,484 $4,540 $1,048 $26
25th Percentile $49,490 $4,124 $952 $24

Average Salary

25% $53,697 10% $48,764 90% $67,244 75% $63,370 $59,115 50%(Median) Didn’t find job title? Click
Change Search Criteria

View Loan Collection Clerk III Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Loan Collection Clerk III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Loan Collection Clerk III hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Loan Collection Clerk III $56,446
Intermediate Level Loan Collection Clerk III $56,850
Senior Level Loan Collection Clerk III $57,657
Specialist Level Loan Collection Clerk III $60,131
Expert Level Loan Collection Clerk III $61,268
$56,446 0 yr
$56,850 < 2 yrs
$57,657 2-4 yrs
$60,131 5-8 yrs
$61,268 > 8 yrs
Last Updated on December 01, 2024
Entry Level 4%
Mid Level 4%
Senior Level 6%
Top Level 10%
Experienced 12%
View as graph
Last Updated on December 01, 2024

Job Openings of Loan Collection Clerk III

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

Cost of Living In Framingham, MA

Cost of Living in Framingham , MA is
37.4% 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 III

What skills does a Loan Collection Clerk III 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 15.81%
Credit Card 2.45%
Futures 1.33%
Others 80.41%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Loan Collection Clerk III higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Critical Thinking, you can get a 14% salary raise. If you are good at Microsoft Office, your salary will increase by 14%. If you are expert in Analytical Skills, your salary will rise by 11%.
Skill Salary Demand
Critical Thinking
$67,391
14%
Microsoft Office
$67,391
14%
Analytical Skills
$65,618
11%
Credit Card
$64,435
9%
Customer Contact
$61,480
4%
Time Management
$61,480
4%
Last Updated on December 01, 2024

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.

Is this useful?

The average salary for a Loan Collection Clerk III is $59,115 per year in Framingham, MA, updated at December 01, 2024.
Is this useful? Maybe
lower level job