As of March 01, 2025, the average annual salary for a Loan Collection Clerk III in Tennessee is $50,783. Salary.com reports that pay typically ranges from $46,122 to $54,433, with most professionals earning between $41,879 and $57,756.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $58,783 | $4,899 | $1,130 | $28 |
| Average | $54,841 | $4,570 | $1,055 | $26 |
| 25th Percentile | $49,808 | $4,151 | $958 | $24 |
An entry-level Loan Collection Clerk III with under 1 year experience makes about $48,174. With less than 2 years of experience, a mid-level Loan Collection Clerk III makes around $48,519. After 2-4 years, the Loan Collection Clerk III pay rises to about $49,207. Those senior Loan Collection Clerk III with 5-8 years of experience earn roughly $51,319, and those Loan Collection Clerk III having 8 years or more experience are expected to earn about $52,290 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Collection Clerk III | $48,174 |
| Intermediate Level Loan Collection Clerk III | $48,519 |
| Senior Level Loan Collection Clerk III | $49,207 |
| Specialist Level Loan Collection Clerk III | $51,319 |
| Expert Level Loan Collection Clerk III | $52,290 |
| Entry Level | 12% |
| Mid Level | 12% |
| Senior Level | 10% |
| Top Level | 6% |
| Experienced | 5% |
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Loan Collection Clerk III salary varies from city to city. Compared with national average salary of Loan Collection Clerk III, the highest Loan Collection Clerk III salary is in San Francisco, CA, where the Loan Collection Clerk III salary is 25.0% above. The lowest Loan Collection Clerk III salary is in Miami, FL, where the Loan Collection Clerk III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $68,552 |
25.0%
|
| Washington, DC | $61,038 |
11.3%
|
| Miami, FL | $52,922 |
|
| Chicago, IL | $57,529 |
4.9%
|
| Boston, MA | $61,477 |
12.1%
|
| New York, NY | $64,055 |
16.8%
|
