How Much Does a Consumer Loan Specialist Make in Des Moines, IA?

Updated January 01, 2025
As of January 01, 2025, the average annual pay of Consumer Loan Specialist in Des Moines, IA is $64,079. While Salary.com is seeing that Consumer Loan Specialist salary in Des Moines, IA can go up to $78,335 or down to $50,095, but most earn between $56,759 and $71,541. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Consumer Loan Specialist
Consumer Loan Collector III
$50,570
Des Moines, IA
Per Year
Consumer Loan Collector I
$39,683
Des Moines, IA
Per Year
Consumer Loan Collector II
$43,830
Des Moines, IA
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Loan Servicing Specialist II - Consumer Loans
$44,500
Des Moines, IA
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Similar Job Salaries to Consumer Loan Specialist by Company

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Company average base salary in (usd) range
QCR Holdings, Inc.
Consumer Loan Boarding Specialist
$59,863/yr
$50,143
$69,583
RANGE: $50,143 - $69,583
Dev
Consumer Loan Sales Specialist
$90,625/yr
$68,325
$112,925
RANGE: $68,325 - $112,925
Carroll County Bancshares
Bank Mortgage and Consumer Loan Processor
$60,125/yr
$51,758
$68,492
RANGE: $51,758 - $68,492
Local Government Federal Credit Union
Consumer Loan Fulfillment Specialist
$80,326/yr
$68,914
$91,738
RANGE: $68,914 - $91,738
OneMain Financial
Consumer loan specialist
$163,801/yr
$107,563
$220,039
RANGE: $107,563 - $220,039
OneMain Financial
Consumer Loan Sales Specialist
$146,348/yr
$95,239
$197,456
RANGE: $95,239 - $197,456

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What Does a Consumer Loan Specialist Do?

The Shanghai Securities News reported on Sunday, citing borrowers, that the Jiebei platform had made changes to show which loans were being provided by Chongqing Ant Consumer Finance Co, and which were provided by banks.
Updated November 04, 2021
Additionally, the consumer loan officer’s superiors may request justifications for an approval or denial.
Updated December 22, 2021
This program addresses the consumer lending decision and making sense of each step by covering the application process, financial statement analysis, credit analysis, loan structure, compliance, documentation procedures and closing.
Updated December 16, 2021
– The CFPB oversees consumer lending activities, ensuring that loan terms are fair and that consumers are not offered more than they are able to pay back.
Updated December 15, 2021
This ensures compliance with lending guidelines, while also providing a record of the approval or rejection process if the customer has questions about the consumer loan officer’s reasoning or determinations.
Updated December 14, 2021

Frequently Asked Questions About a Consumer Loan Specialist Salaries

What is the average of a Consumer Loan Specialist in Des Moines, IA?

The Consumer Loan Specialist salary range is from $56,759 to $71,541, and the average Consumer Loan Specialist salary is $64,079/year in Des Moines, IA. The Consumer Loan Specialist's salary will change in different locations.

Which location pays the highest Consumer Loan Specialist salary in the United States?

The Consumer Loan Specialist salary in San Jose, CA is $82,906 which is the highest in the US.

What kinds of reasons will influence the Consumer Loan Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Consumer Loan Specialist.

What is the growth rate of the Consumer Loan Specialist's salary?

If you are thinking of becoming a Consumer Loan Specialist or planning the next step in your career, find the detailed salary report of a Consumer Loan Specialist.