Loan Collector Salaries in Newark, NJ
How Much Does a Loan Collector Make in Newark, NJ?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Collector in Newark, NJ is $51,133.
While Salary.com is seeing that Loan Collector salary in Newark, NJ can go up to $59,765
or down to $42,620, but most earn between $46,677 and $55,651.
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 Loan Collector
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Loan Collector by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Master Finance
Debt Collector / Loan Processor
|
$57,144/yr
|
RANGE: $49,308 - $64,980
|
|
Labcorp
Clinical Collector
|
$103,601/yr
|
RANGE: $89,098 - $118,104
|
|
NJ Orthopedic Rehab and Pain Management Group
Medical Collector
|
$61,898/yr
|
RANGE: $54,140 - $69,657
|
|
ABW Compliance Services LLC
Specimen Collector
|
$60,984/yr
|
RANGE: $53,961 - $68,006
|
|
Labcorp
Medical Collector
|
$61,208/yr
|
RANGE: $52,404 - $70,012
|
|
New Jersey Institute of Technology
Data Collector
|
$72,095/yr
|
RANGE: $58,824 - $85,365
|
|
Labcorp
Blood Collector
|
$59,590/yr
|
RANGE: $50,951 - $68,228
|
What Does a Loan Collector Do?
A 34-year-old thrift collector, Ebere Mbonu, was brought on Friday before a Yaba chief magistrates’ court in Lagos for allegedly impersonating 18 contributors, using their cards to obtain N1.7m loan without their consent.
Updated December 02, 2021
The collector can't add on any extra fees or interest that your original credit or loan agreement doesn't allow.
Updated November 14, 2021
Sometimes, a collector will provide meaningful information, such as a loan or credit agreement, or a loan history, in response to a verification request, but not always.
Updated October 29, 2021
You also can sell the note to a debt collector, meaning they own the loan and collect the full amount (this is similar to what happens when banks sell loans to each other).
Updated October 10, 2021
If you are thinking of becoming a Loan Collector or planning the next step in your career, find details about.
Updated September 24, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Loan Collector Salaries
What is the average of a Loan Collector in Newark, NJ?
The Loan Collector salary range is from $46,677 to $55,651, and the average Loan Collector salary is $51,133/year in Newark, NJ.
The Loan Collector's salary will change in different locations.
Which location pays the highest Loan Collector salary in the United States?
The Loan Collector salary in San Jose, CA is $56,954
which is the highest in the US.
What kinds of reasons will influence the Loan Collector'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 Loan Collector.
What is the growth rate of the Loan Collector's salary?
If you are thinking of becoming a Loan Collector or planning the next step in your career, find the detailed salary report of a Loan Collector.
