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Consumer Loan Collection Recovery Manager Salary in Trenton, MI
How much does a Consumer Loan Collection Recovery Manager make in Trenton, MI?
$80,586 (USD)/year
Average Bonus
$2,812 (USD)
per Year
Total Compensation
$82,393.45
Entry Level
$57,879
Median
$79,581
Senior Level
$91,006
As of July, 23, 2026, the average consumer loan collection recovery manager gross salary in Trenton, Michigan is $80,586 or an equivalent hourly rate of $39. In addition, consumer loan collection recovery managers earn an average bonus of $2,812. An entry level consumer loan collection recovery manager with 1-3 years of experience earns an average salary of $57,879. At the higher end of the pay range, a senior level consumer loan collection recovery manager with 8+ years of experience earns an average salary of $91,006. Salary estimates are based on salary survey data collected directly from employers in Trenton, Michigan.
Data powered by ERI
Salary Potential for a Consumer Loan Collection Recovery Manager
Explore the estimated salary growth for a Consumer Loan Collection Recovery Manager in Trenton, MI for up to 5 years. The estimated salary of a Consumer Loan Collection Recovery Manager will be $82,827 in 1 year and $92,430 in 5 years.
View Salary by Year
Estimated Salary
$85,130
Average Growth
5.6 %
The estimated salary for a Consumer Loan Collection Recovery Manager in 2 years is $85,130, which is 5.6 % average growth. This information is based on ERI's compensation database.
Typical Consumer Loan Collection Recovery Manager Education
This chart displays the highest level of education for Consumer Loan Collection Recovery Managers.
- 0% of Consumer Loan Collection Recovery Managers have less than a High School Diploma
- 0% of Consumer Loan Collection Recovery Managers have a High School Diploma
- 0% of Consumer Loan Collection Recovery Managers have an Associate's Degree
- 100% of Consumer Loan Collection Recovery Managers have a Bachelor's Degree
- 0% of Consumer Loan Collection Recovery Managers have a Master's Degree
- 0% of Consumer Loan Collection Recovery Managers have a Doctorate Degree
The typical field of study for a Consumer Loan Collection Recovery Manager is Finance.
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View moreCost of Living in Trenton, MI
The cost of living in Trenton, MI is 4% lower than the national average.
4% lower
than the national average
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Frequently Asked Questions
What does a Consumer Loan Collection Recovery Manager do?
Manages the delinquency control for the organization through collection and recovery activities. Oversees all complex collection matters, managing the in-house recovery process, and managing all account forwarding and litigation functions. Establishes and enhances policies and procedures to obtain operating efficiencies and to ensure optimum effectiveness. Leads improved efficiency and effectiveness of consumer collections through implementation and use of automation and loan portfolio analytics.
How much does a Consumer Loan Collection Recovery Manager make in Trenton, MI?
The average salary for a Consumer Loan Collection Recovery Manager is $80,586 per year or $38.74 per hour in Trenton, MI. Top earners have reported making up to $91,006. However, the typical pay range in Trenton, MI is between $57,879 and $91,006 annually.
What is the salary trajectory for a Consumer Loan Collection Recovery Manager?
Consumer Loan Collection Recovery Manager is projected to see a 14.7 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Consumer Loan Collection Recovery Manager salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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