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Commercial Loan Collector Salary
in Chicago, Illinois

$68,927 (USD)

Average Salary

$33/hr

Average Hourly

$2,192

Average Bonus

Last updated: May 19, 2019

Salary Recap

The average pay for a Commercial Loan Collector is $68,927 a year and $33 an hour in Chicago, Illinois, United States. The average salary range for a Commercial Loan Collector is between $49,646 and $84,917. On average, a High School Degree is the highest level of education for a Commercial Loan Collector. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

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Job Summary

Description:
  • Coordinates activities to collect delinquent commercial loans.
  • Reviews files of commercial loans in default to determine collateral held by bank.
  • Typically requires a four-year college degree in addition to job experience in a related field.
Commercial Loan Collector Job Prevalence in Chicago, Illinois, United States

Job family: Loan Officers

Job family population: 307,240

Estimated population of Commercial Loan Collector jobs: 50,999

Rate of error: 1.1%

Salary Potential

Estimated salary in 2024:
$79,906
5 Year Change:
16 %

Education

Skills

Commercial Loan Collector Job Listings for Chicago, Illinois

No listings found
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