How Much Does a Consumer Loan Specialist Make in Illinois?

Updated April 24, 2024
Filter

Individually reported data submitted by users of our website

Normal Confidence
$66,319/yr
Average Base Pay
Low $58,199
Average $66,319
High $74,685
The average salary for Consumer Loan Specialist is $66,319 per year in Illinois.

Related Job Titles to Consumer Loan Specialist

Consumer Loan Collector III
$52,251
Illinois
Per Year
Consumer Loan Collector I
$40,565
Illinois
Per Year
Consumer Loan Collector II
$45,586
Illinois
Per Year
Loan Servicing Specialist I - Consumer Loans
$39,620
Illinois
Per Year

Similar Job Salaries to Consumer Loan Specialist by Company

FIND A SPECIFIC EMPLOYER
Loading results...
Company average base salary in (usd) range
OneMain Financial
Consumer Loan Sales Specialist
$78,681/yr
$65,367
$91,994
RANGE: $65,367 - $91,994
OneMain Financial
Consumer loan specialist
$88,155/yr
$72,151
$104,158
RANGE: $72,151 - $104,158

Open Consumer Loan Specialist Jobs in Illinois

Create Alert

Top 10 Highest Paying Cities For Consumer Loan Specialist Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Consumer Loan Specialist can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Consumer Loan Specialist job salaries in Illinois. Some cities can pay higher salaries for Consumer Loan Specialist jobs, which can indicate that there is a large demand for Consumer Loan Specialist positions in this city.
The following table shows top 10 cities where the Consumer Loan Specialist salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Consumer Loan Specialist salary is $68,005 in Chicago, which is higher than the national average. There are 20 cities' Consumer Loan Specialist salary higher than national average in Illinois.
The average salary for a Consumer Loan Specialist in Illinois is $66,319, but we found that the city with the highest salary for Consumer Loan Specialist jobs is Chicago, IL, and it is higher than Cicero. Consumer Loan Specialist jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $68,005 $5,667 $1,308 $33
Cicero $68,005 $5,667 $1,308 $33
Evanston $68,005 $5,667 $1,308 $33
Oak Park $68,005 $5,667 $1,308 $33
Skokie $68,005 $5,667 $1,308 $33
Oak Lawn $67,940 $5,662 $1,307 $33
Des Plaines $67,810 $5,651 $1,304 $33
Mount Prospect $67,745 $5,645 $1,303 $33
Aurora $67,421 $5,618 $1,297 $32
Hoffman Estates $67,421 $5,618 $1,297 $32

What Does a Consumer Loan Specialist Do?

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
While the specific duties of a consumer loan officer depend on the setting in which they work, most share several responsibilities across industries:.
Updated November 12, 2021
– consumer loan officers gather customer data from a variety of sources, so data gathering, analysis, and assessment are all key skills.
Updated October 10, 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

Frequently Asked Questions About a Consumer Loan Specialist Salaries

What is the average of a Consumer Loan Specialist in Illinois?

The Consumer Loan Specialist salary range is from $58,199 to $74,685, and the average Consumer Loan Specialist salary is $66,319/year in Illinois. 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 $81,359 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.