How much does a Consumer Loan Collector I make in the United States? The average Consumer Loan Collector I salary in the United States is $39,453 as of February 26, 2024, but the range typically falls between $36,452 and $42,746. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Consumer Loan Collector I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Loan Collector I Salary $33,720 US February 26, 2024
25th Percentile Consumer Loan Collector I Salary $36,452 US February 26, 2024
50th Percentile Consumer Loan Collector I Salary $39,453 US February 26, 2024
75th Percentile Consumer Loan Collector I Salary $42,746 US February 26, 2024
90th Percentile Consumer Loan Collector I Salary $45,745 US February 26, 2024
25% $36,452 10% $33,720 90% $45,745 75% $42,746 $39,453 50%(Median) Didn’t find job title? Click
Change Search Criteria
Check out Consumer Loan Collector jobs in Ashburn, Virginia

Contact Center Specialist I

Argent Federal Credit Union - Chester, VA

SUD Therapist Supervisor - Emporia/Greensville-Sussex

District 19 Community Service Board - Emporia, VA

Collector

Apple Federal Credit Union - Fairfax, VA

What skills does a Consumer Loan Collector I 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.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

Consumer Service: Consumer services are intangible products or actions that are typically produced and consumed simultaneously. Common examples of consumer services are haircuts, auto repairs, and landscaping.

Customer Service 0.92%
Microsoft Office 0.21%
Consumer Service 0.12%
Others 98.75%

Job Description for Consumer Loan Collector I

Consumer Loan Collector I contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining suitable collection solution. Being a Consumer Loan Collector I requires a high school diploma or its equivalent. Typically reports to a supervisor. The Consumer Loan Collector I may require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Consumer Loan Collector I.

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

Job Openings for Consumer Loan Collector I

Career Path for Consumer Loan Collector I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Consumer Loan Collector I, the first career path typically starts with a Consumer Loan Collector II position, and then Consumer Loan Collection Supervisor I.

The second career path typically starts with a Consumer Loan Collection/Recovery Rep. II position, and then progresses to Consumer Loan Collection/Recovery Supervisor.

The third career path typically starts with a Loan Collection Clerk II position, and then progresses to Loan Collection Clerk III.

Additionally, the fourth career path typically starts with a Mortgage Collector II position, and then progresses to Mortgage Collection Supervisor I.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Consumer Loan Collector I

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Consumer Loan Collector I salary varies from city to city. Compared with national average salary of Consumer Loan Collector I, the highest Consumer Loan Collector I salary is in San Francisco, CA, where the Consumer Loan Collector I salary is 25.0% above. The lowest Consumer Loan Collector I salary is in Miami, FL, where the Consumer Loan Collector I salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Consumer Loan Collector I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
36452
42746
39453

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
37571
44114
41092
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Collector I in the United States. The base salary for Consumer Loan Collector I ranges from $36,452 to $42,746 with the average base salary of $39,453. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $37,571 to $44,114 with the average total cash compensation of $41,092.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

36452
42746

 

Step 3 of 3

How much should you be paid?

View the Cost of Living in Major Cities

Skills associated with Consumer Loan Collector I: Outbound Collection Calling, Issue Resolution, Credit and Collections Software, Negotiation

Recently searched related titles: Loan Adjuster, Branch Assistant, Emergency Care Assistant

Jobs with a similar salary range to Consumer Loan Collector I : Mortgage Collector, Laminator

Salary estimation for Consumer Loan Collector I at companies like : Grantsburg Poilce Department, Viticus Group, Shadow Trace Apartments of Dekalb County Ltd

Jobs with a similar salary range to Consumer Loan Collector I : Surgical Care Assistant, Medical Bookkeeper

Consumer Loan Collector I Salary in United States
Consumer Loan Collector I Salary Graph, Regional Distribution and Summary