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Lending Collector Jobs (NOW HIRING)

COLLECTOR

Hunt Valley, MD · On-site

$20.50 - $30.76/hr

This Collector role is a part-time position, of 50 hours every two weeks. Essential functions in ... High school education or GED. * knowledge of credit and lending policies and procedures needed.

COLLECTOR

MD · On-site

$20.50 - $30.76/hr

This Collector role is a part-time position, of 50 hours every two weeks. Essential functions in ... High school education or GED. * knowledge of credit and lending policies and procedures needed.

Collector

Richardson, TX

$15.25 - $20.50/hr

This Collector will be responsible for collecting delinquencies while at the same time reinforcing ... Communicate with other departments such as Lending, Card Services, Member Connect, Member Connect ...

Collector

Richardson, TX · On-site

$15.25 - $20.50/hr

This Collector will be responsible for collecting delinquencies while at the same time reinforcing ... Communicate with other departments such as Lending, Card Services, Member Connect, Member Connect ...

Collector

Sioux Falls, SD · On-site

$1.0K/day

Monday-Friday 12:30-9pm (This shift qualifies for 15% shift differential on ALL hours!) Collector I ... Ensure full compliance with consumer lending regulations, established procedures, and policies of ...

Collector

Sioux Falls, SD · On-site

$1.0K/day

Monday-Friday 12:30-9pm (This shift qualifies for 15% shift differential on ALL hours!) Collector I ... Ensure full compliance with consumer lending regulations, established procedures, and policies of ...

Collector

Sioux Falls, SD · On-site

$1.0K/day

Monday-Friday 12:30-9pm (This shift qualifies for 15% shift differential on ALL hours!) Collector I ... Ensure full compliance with consumer lending regulations, established procedures, and policies of ...

Loan Collector

Taunton, MA · On-site

$19.38 - $25.55/hr

The Loan Collector I will be responsible for assisting the Collection Officer and more senior Loan ... Must be able to travel with in the Bank's lending territory. INDEPENDENT ACTION: Prepares ...

Be Seen First

Collector I

Glendale, AZ · On-site

$19.50 - $22/hr

Collector I Division/Department: Collections Reports to: Collections Manager/Director of ... We aren't just Branch Representatives, Marketing Gurus, Human Resource Professionals, Lending ...

Sr. Collector

Cincinnati, OH · On-site +1

$70K - $80K/yr

About This Job Axos is seeking a Sr. Collector who will be responsible for tracking tasks related ... lending portfolio to minimize credit losses for commercial loans * Review ongoing financial and ...

About This Job Axos is seeking a Sr. Collector who will be responsible for tracking tasks related ... lending portfolio to minimize credit losses for commercial loans * Review ongoing financial and ...

Collections Representative

Claymont, DE · On-site

$16 - $16.50/hr

Duties and responsibilities > Collector must make minimum of 120 calls a day and answer any ... Lending company with a dynamic call center environment located in Claymont, DE. We are results ...

Collections Representative

Claymont, DE · On-site

$16 - $16.50/hr

Duties and responsibilities > Collector must make minimum of 120 calls a day and answer any ... Lending company with a dynamic call center environment located in Claymont, DE. We are results ...

Basic understanding of Mortgage lending and servicing. * Must be able to work in a team environment ... Mortgage Collector At Fifth Third, we understand the importance of recognizing our employees for ...

Basic understanding of Mortgage lending and servicing. * Must be able to work in a team environment ... Mortgage Collector At Fifth Third, we understand the importance of recognizing our employees for ...

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Lending Collector information

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$8

$18

$26

How much do lending collector jobs pay per hour?

As of Jul 3, 2026, the average hourly pay for lending collector in the United States is $18.39, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $19.95 per hour, depending on experience, location, and employer.

What are Lending Collectors?

Lending Collectors are professionals responsible for contacting borrowers to collect payments on overdue loans or accounts. They work for banks, credit unions, or other lending institutions, ensuring that borrowers understand their payment obligations and helping to resolve any issues that may prevent timely repayment. Lending Collectors may negotiate repayment plans, update account information, and follow legal guidelines for debt collection. Their role is crucial in minimizing financial losses for lenders while maintaining positive customer relationships.

What are some common challenges Lending Collectors face when negotiating repayment plans with borrowers?

Lending Collectors often encounter challenges such as borrowers’ financial difficulties, reluctance to communicate, or lack of understanding about repayment options. Successfully overcoming these obstacles requires strong interpersonal and negotiation skills, as well as the ability to remain patient and empathetic while adhering to company policies and legal regulations. Collectors must also balance achieving collection targets with maintaining positive customer relationships and upholding the organization’s reputation.

What jobs pay 4000 a week without a degree?

Lending collectors typically do not earn $4,000 weekly without significant experience or bonuses, as their pay is often commission-based and varies by volume of recovered debt. High-paying roles that can reach this level without a degree include sales positions, real estate brokers, or specialized trades like certain construction or technical jobs, which may require certifications or licenses instead of a degree.

What are the key skills and qualifications needed to thrive as a Lending Collector, and why are they important?

To thrive as a Lending Collector, you need strong knowledge of debt collection practices, negotiation skills, and familiarity with relevant financial regulations, often supported by a high school diploma or equivalent. Proficiency in collection management software, CRM systems, and basic office applications is typically required. Excellent communication, resilience, and problem-solving abilities help Lending Collectors build rapport and successfully recover debts. These skills and qualities are vital for maximizing collection rates while maintaining customer relationships and ensuring compliance.

How much do debt collectors get paid?

Lending collectors typically earn an average salary ranging from $30,000 to $50,000 annually, depending on experience, location, and employer. Many collectors also receive commissions or bonuses based on recovery performance, and the role often requires strong communication and negotiation skills.

What is the difference between Lending Collector vs Loan Processor?

AspectLending CollectorLoan Processor
Primary RoleCollects payments and manages overdue accounts for loansReviews and processes loan applications, verifying documents
Required SkillsCommunication, negotiation, debt collection lawsFinancial analysis, document review, customer service
Work EnvironmentCollections departments, call centersLoan offices, banks, financial institutions
CertificationsNone typically required, but collections certifications helpLoan processing certifications beneficial

While both roles are involved in the lending industry, a Lending Collector focuses on recovering overdue payments, whereas a Loan Processor handles the initial loan application and approval process. They share some skills like customer communication but serve different stages of the loan lifecycle.

What is the 7 7 7 rule for debt collectors?

The 7 7 7 rule for debt collectors refers to a guideline that limits the number of calls to a debtor to seven times over seven days, with no more than seven calls per week, to prevent harassment. As a lending collector, understanding and adhering to this rule helps ensure compliance with the Fair Debt Collection Practices Act and maintains professional communication standards.

What qualifications do I need to be a debt collector?

To be a lending collector, candidates typically need a high school diploma or equivalent. Strong communication, negotiation skills, and knowledge of debt collection laws are important; some employers may prefer prior experience or certification in collections or finance. Basic computer skills and the ability to handle sensitive information are also beneficial.
More about Lending Collector jobs
Retail Lending Collector

Retail Lending Collector

First Financial Bank NA

Terre Haute, IN • On-site

$16.25 - $21.75/hr

Full-time

Medical, Dental, Vision, Life, PTO

Posted 16 days ago


Job description


Retail Lending Collector

Location: Terre Haute IN (On-Site)

Status: Full-Time, Hourly Non-Exempt

Why Join First Financial Bank?

If you have strong communication skills and enjoy problem-solving while assisting clients with financial solutions, our Collector role could be a great fit! This position allows you to work directly with clients to manage delinquent accounts, arrange payment plans, and ensure compliance with banking regulations. Apply today and take the next step in your financial services career!

What You’ll Do
  • Manage Collections: Act as a collection agent for all installment loan accounts deemed delinquent, including charge-off activity and recoveries.
  • Assist Clients: Contact customers with past-due accounts and provide financial counseling via phone, mail, and in-person visits as necessary.
  • Develop Payment Plans: Work with customers to establish manageable repayment solutions.
  • Assemble Charge-Off Files: Ensure thorough documentation and organization of charge-off activity.
  • Ensure Compliance: Follow banking policies, and industry standards in all collection efforts.
What We’re Looking For
  • High school diploma or equivalent.
  • Minimum 1 year of customer service experience in a business setting.
  • Prior banking experience and/or collection experience is preferred.
  • Computer proficiency, including working knowledge of word processing and spreadsheet software, including Microsoft Excel.
  • Strong written and oral communication skills.
  • Detail-oriented with excellent organizational skills.
  • Ability to commute to the primary work location and occasionally to other work locations within driving distance.
  • Ability to remain in a stationary position for up to 75% of an eight (8) hour workday.
  • Ability to review information and details at close range (within a few feet).
What We Offer
  • Competitive Pay & Benefits: Medical, dental, vision, and employer-paid life and disability insurance.
  • Financial Perks: 401(k) match, Employee Stock Ownership Program (ESOP), and banking benefits.
  • Work-Life Balance: Paid time off, including 11 Federal Reserve bank holidays.
  • Growth Opportunities: Tuition assistance and professional development programs.
  • A Supportive Culture: Integrity, collaboration, innovation, and respect are at the heart of what we do.
Who We Are

First Financial Bank is a dynamic financial institution with over $6+ billion in assets and a proud history dating back to 1834. With more than 75 banking centers across five states, we are committed to empowering our clients, fostering personal growth, and building community.

Joining First Financial Bank means becoming part of a legacy where your work directly contributes to the stability and growth of the communities we serve. Here, you are more than an employee; you are an essential member of a team dedicated to living out the values of "One First" every day. Be part of a bank that values your contributions and invests in your future!

Ready to Join Us?

Apply now and take the next step in your banking career! We review all applications and will respond promptly.

First Financial Bank is an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, military and/or veteran status, cross-bases issues, or any other Federal or State legally protected classes.