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Loan Companies Jobs (NOW HIRING)

Wallace Management Company manages small loan companies with over 125 branches in 7 states- and growing!. We have been in the small consumer loan business since 1980. Why Wallace Finance?

Wallace Management Company manages small loan companies with over 125 branches in 7 states- and growing!. We have been in the small consumer loan business since 1980. Why Wallace Finance?

Wallace Management Company manages small loan companies with over 125 branches in 7 states- and growing!. We have been in the small consumer loan business since 1980. Why Wallace Finance?

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Loan Companies information

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How much do loan companies jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for loan companies in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What are loan companies?

Loan companies are financial institutions or businesses that provide loans to individuals or businesses. They offer various types of loans, such as personal loans, auto loans, mortgages, and small business loans, often with different interest rates and repayment terms. Loan companies assess a borrower's creditworthiness before approving a loan and may require collateral for certain types of loans. Their primary function is to lend money, earn interest, and facilitate credit in the economy.

What are the key skills and qualifications needed to thrive at a loan company, and why are they important?

To excel at a loan company, you need a solid understanding of financial analysis, credit evaluation, and risk assessment, often supported by a degree in finance, business, or a related field. Familiarity with loan origination systems, underwriting software, and regulatory compliance tools is typically required. Strong interpersonal skills, attention to detail, and ethical judgment help build client trust and ensure accurate evaluations. These competencies are crucial for making sound lending decisions, managing risk, and maintaining regulatory compliance.

What are some common challenges faced by employees working at loan companies, and how can they effectively manage them?

Employees at loan companies often face challenges such as meeting strict regulatory compliance standards, managing high volumes of client inquiries, and handling sensitive financial information. To effectively manage these challenges, it’s important to stay up-to-date on industry regulations, maintain strong attention to detail, and develop clear communication skills when explaining loan terms to clients. Collaborating closely with colleagues in underwriting, customer service, and risk assessment teams can also help streamline processes and improve client satisfaction.

What is the difference between Loan Companies vs Loan Officers?

AspectLoan CompaniesLoan Officers
CredentialsBusiness licenses, industry-specific licensesLoan originator license, certifications (e.g., NMLS)
Work EnvironmentCorporate offices, online platformsBank branches, mortgage offices, online
Employer & Industry UsageFinancial institutions, online lendersBanks, credit unions, mortgage companies
Search & Comparison IntentFinding lenders, loan optionsApplying for loans, understanding loan processes

Loan companies are organizations that provide various types of loans, often operating online or through branches. Loan officers are professionals who work within these companies or banks to evaluate and process loan applications. While loan companies focus on offering loan products, loan officers handle the application process and client interactions. Understanding these roles helps consumers navigate borrowing options effectively.

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What cities are hiring for Loan Companies jobs?

Cities with the most Loan Companies job openings:

What states have the most Loan Companies jobs?

States with the most job openings for Loan Companies jobs include:

Infographic showing various Loan Companies job openings in the United States as of August 2026, with employment types broken down into 78% Full Time, 17% Part Time, 4% Contract, and 1% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


Job description

Do you want to start a career with opportunities for growth and advancement, not just a sales or retail job? Do you love working with people and providing positive customer service and sales experiences? If so, we?re looking for you!

Wallace Finance is looking for a friendly and outgoing Account Manager who can provide outstanding customer service!

Wallace Management Company manages small loan companies with over 125 branches in 7 states- and growing!. We have been in the small consumer loan business since 1980.

Why Wallace Finance?

  • Competitive, Low-cost employee health, dental, vision, and life insurance for full time Team Members
  • 401(k) plan including company match
  • Paid holidays and vacation time
  • Monthly bonus opportunities

Account Manager Role Responsibilities include:

  • Providing quick and friendly customer service either in person or over the phone to assist with questions, or taking and posting loan payments
  • Preparing loan documents and managing the application process
  • Creating and maintaining positive customer relationships and keeping in contact with our customers regarding their loan status
  • Contacting customers to help them get back on track if they have overdue payments
  • Partnering with Management to maintain branch operating standards and grow the business

This position may require occasional travel.