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Credit Recovery Officer Salary in New Jersey

How much does a Credit Recovery Officer make in New Jersey? As of September 01, 2026, the average salary for a Credit Recovery Officer in New Jersey is $71,679 per year, which breaks down to an hourly rate of $34.

However, a Credit Recovery Officer's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $81,334
  • Majority Range (25th-75th percentile): $66,467 to $76,732
  • Entry-Level (10th percentile): $61,722
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Credit Recovery Officer Job Openings in New Jersey

Key Factors That Influence Credit Recovery Officer Salaries

A Credit Recovery Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Credit Recovery Officer Salaries?

Experience is a primary driver of a Credit Recovery Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $56,240
  • Early Career (1-2 years): $70,626
  • Mid-Level (2-4 years): $102,997
  • Senior-Level (5-8 years): $105,824
  • Expert (over 8 years): $129,615
Job RoleYears of ExperienceAverage Salary
Mortgage Loan Officer I less than 1 year $56,240
Credit Recovery Officer 1-2 years $70,626
Mortgage Loan Officer III 2-4 years $102,997
Mortgage Lending Assistant Manager 5-8 years $105,824
Mortgage Lending Manager over 8 years $129,615

How Do Credit Recovery Officer Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Credit Recovery Officers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $73,219.
  • California: $72,942.
  • Massachusetts: $71,969.

Top Paying Cities for Credit Recovery Officer

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Maywood: $75,100
  • Teterboro: $75,129
  • Alpine: $75,099

Credit Recovery Officer Salary by Industry: Top Paying Sectors

For Credit Recovery Officer roles, the industry you choose can affect earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 10% above the average. In contrast, Credit Recovery Officer positions in Business Services or Insurance typically offer lower base pay, as these industries often view Credit Recovery Officer as a support function rather than a direct revenue driver.

The top paying industries for a Credit Recovery Officer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $78,846 $38.0 10%
Edu., Gov't. & Nonprofit $75,262 $36.0 5%

Credit Recovery Officer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit Recovery Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$66,467
Average $71,679/year
$76,732
$5,539
Average $5,973/month
$6,394
$1,278
Average $1,378/week
$1,476
$32
Average $34/hour
$37
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $76,732 $6,394 $1,476 $37
Average $71,679 $5,973 $1,378 $34
25th Percentile $66,467 $5,539 $1,278 $32

Find Your Next Credit Recovery Officer Job

Ready to take the next step in your career? Browse thousands of current Credit Recovery Officer job openings on our job board. Use the search bar below to find your perfect match.

  • American Honda Finance Corp. | JOHNS CREEK, GA

    Automotive Credit Analyst

    American Honda Finance Corp. | JOHNS CREEK, GA

    American Honda Finance Corp. seeks a Buyer to evaluate and decision automotive credit applications for Honda and Acura customers and dealers. In this role,... more

    9 Days Ago

  • Honda Federal Credit Union | MARYSVILLE, OH

    Senior Mortgage Loan Officer

    Honda Federal Credit Union | MARYSVILLE, OH

    Honda Federal Credit Union seeks a Senior Mortgage Loan Officer to originate and manage first and second mortgage loans for Honda associates, contractors, ... more

    9 Days Ago

  • Santander Holdings USA Inc | FRANKLIN D ROOSEVELT, NY

    Head of Market Risk Credit Trading Executive Director

    Santander Holdings USA Inc | FRANKLIN D ROOSEVELT, NY

    It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-dr... more

    6 Days Ago

  • Lutheran Social Services | SULLIVAN, WI

    Recovery Support

    Lutheran Social Services | SULLIVAN, WI

    Lutheran Social Services (LSS) is seeking a compassionate Recovery Support professional to empower adults and families engaged in behavioral health and hou... more

    9 Days Ago

  • Lutheran Social Services | NORTH PRAIRIE, WI

    Recovery Support

    Lutheran Social Services | NORTH PRAIRIE, WI

    Lutheran Social Services (LSS) is seeking a compassionate Recovery Support professional to empower adults and families engaged in behavioral health and hou... more

    9 Days Ago

  • Lutheran Social Services | WAUKESHA, WI

    Recovery Support

    Lutheran Social Services | WAUKESHA, WI

    Lutheran Social Services (LSS) is seeking a compassionate Recovery Support professional to empower adults and families engaged in behavioral health and hou... more

    9 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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