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Last updated: October 31, 2024
Loan Clerk Installment Salary
in Chesapeake, Virginia
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$46,084 (USD)
Average Salary
$22/hr
Average Hourly
$853
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a Loan Clerk Installment is $46,084 a year and $22 an hour in Chesapeake, Virginia, United States. The average salary range for a Loan Clerk Installment is between $34,379 and $54,287. On average, a Bachelor's Degree is the highest level of education for a Loan Clerk Installment. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chesapeake, Virginia.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$51,765
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Chesapeake, Virginia
Chesapeake Cost of Living Score:
Description:
Chesapeake is an independent city in Virginia, United States. At the 2020 census, the population was 249,422, making it the second-most populous city in Virginia, the tenth largest in the Mid-Atlantic, and the 89th-most populous city in the United States.
Chesapeake is included in the Hampton Roads metropolitan area. One of the cities in the South Hampton Roads, Chesapeake was organized in 1963 by voter referendums approving the political consolidation of the city of South Norfolk with the remnants of the former Norfolk County, which dated to 1691. (Much of the territory of the county had been annexed by other cities...
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.
Loan Clerk Installment Job Listings for
No listings found
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Salary Recap
The average pay for a Loan Clerk Installment is $46,084 a year and $22 an hour in Chesapeake, Virginia, United States. The average salary range for a Loan Clerk Installment is between $34,379 and $54,287. On average, a Bachelor's Degree is the highest level of education for a Loan Clerk Installment. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chesapeake, Virginia.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Loan Clerk Installment Job Prevalence in the United States
Job family: Loan Interviewers and Clerks
Job family population: 203,940
Estimated population of Loan Clerk Installment jobs: 22,026
Rate of error: 0.9%
Take the guess work out of setting pay
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About Chesapeake, Virginia
Chesapeake Cost of Living Score:
Description:
Chesapeake is an independent city in Virginia, United States. At the 2020 census, the population was 249,422, making it the second-most populous city in Virginia, the tenth largest in the Mid-Atlantic, and the 89th-most populous city in the United States.
Chesapeake is included in the Hampton Roads metropolitan area. One of the cities in the South Hampton Roads, Chesapeake was organized in 1963 by voter referendums approving the political consolidation of the city of South Norfolk with the remnants of the former Norfolk County, which dated to 1691. (Much of the territory of the county had been annexed by other cities...
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.
Loan Clerk Installment Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More