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Commercial Loan Collector Salary
in Chicago, Illinois

$68,927 (USD)

Average Salary


Average Hourly


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

Scroll for Salary Potential, Education and Skills

Job Summary

  • 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:
5 Year Change:
16 %



Commercial Loan Collector Job Listings for Chicago, Illinois

No listings found
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