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Banking Installment Loan Clerk Salary
in Illinois, United States

$37,742 (USD)

Average Salary

$18/hr

Average Hourly

$698

Average Bonus

Last updated: July 23, 2019

Salary Recap

The average pay for a Banking Installment Loan Clerk is $37,742 a year and $18 an hour in Illinois, United States. The average salary range for a Banking Installment Loan Clerk is between $28,643 and $45,230. On average, a Bachelor's Degree is the highest level of education for a Banking Installment Loan Clerk. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Illinois, United States.

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Job Summary

Description:
  • Processes applications of individuals applying for loans.
  • Ensures effective and efficient administration of installment loan by the timely and accurate processing of all documents and entries, in accordance with regulatory compliance.
  • Assembles loan documents, handles paperwork associated with loans, and ensures all information is complete and verified.
  • Assists in preparation of loan documents, financial statement, and loan analysis.
  • Avoids possible loss by ensuring all loans are processed within the policies and processes established by the organization.
Banking Installment Loan Clerk Job Prevalence in Illinois, United States

Job family: Loan Interviewers and Clerks

Job family population: 227,430

Estimated population of Banking Installment Loan Clerk jobs: 12,022

Rate of error: 1.6%

Salary Potential

Estimated salary in 2024:
$43,753
5 Year Change:
16 %

Average Salary Chart

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Education

Skills

Skills data not available for this job

About Illinois, United States

Illinois Cost of Living Score:

Description: Illinois ( (listen) IL-ə-NOY) is a state in the Midwestern and Great Lakes regions of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois has been noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hub. Chicagoland, Chicago's metropolitan...

Banking Installment Loan Clerk Job Listings for Illinois, United States

Sales Exec - Enterprise SaaS solutions
Jul 22
Chicago, IL, USA
Recruiting For Less
Identify, develop and establishing new business across all product lines including Credit, Debit, Prepaid, Installment Loans, Digital Banking. * Create and present a compelling, agile solution to ...

Salary Recap

The average pay for a Banking Installment Loan Clerk is $37,742 a year and $18 an hour in Illinois, United States. The average salary range for a Banking Installment Loan Clerk is between $28,643 and $45,230. On average, a Bachelor's Degree is the highest level of education for a Banking Installment Loan Clerk. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Illinois, United States.

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Salaries By Location

Banking Installment Loan Clerk

Salaries By Location

Banking Installment Loan Clerk
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Banking Installment Loan Clerk

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Banking Installment Loan Clerk Job Listings for Illinois, United States

Sales Exec - Enterprise SaaS solutions
Jul 22
Chicago, IL, USA
Recruiting For Less
Identify, develop and establishing new business across all product lines including Credit, Debit, Prepaid, Installment Loans, Digital Banking. * Create and present a compelling, agile solution to ...
Explore our most popular jobs
View our most popular salary searches and other resources