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Credit Correspondent Salary
in New Jersey, United States

How much does a Credit Correspondent make in New Jersey, United States?
Get insights on the salary, benefits, education and job description.

$46,709 (USD)/yr

Average Base Salary

$22 (USD)/hr

Average Hourly Rate

$967 (USD)/yr

Average Bonus
The average credit correspondent salary in New Jersey, United States is $46,709 or an equivalent hourly rate of $22. This is 12% higher (+$4,999) than the average credit correspondent salary in the United States. In addition, they earn an average bonus of $967. Salary estimates based on salary survey data collected directly from employers and anonymous employees in New Jersey, United States.
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Salary by Experience

$34,973 (USD)

Entry Level Salary

$56,499 (USD)

Senior Level Salary
An entry level credit correspondent (1-3 years of experience) earns an average salary of $34,973. On the other end, a senior level credit correspondent (8+ years of experience) earns an average salary of $56,499.

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Salary Potential
Estimated salary in 2023:
$54,149 (USD)
5 Year Change:
16 %
Job Description
Conveys information to customers, formulating response and replying to customers or other interested parties regarding such items as credit information, delinquent accounts, incorrect billing, and other credit related matters. Reads incoming correspondence and gathers data to formulate reply. Checks credit history and other related records to determine appropriate response. Records promises on account and schedules follow-up.
Education
Education data not available for this job
About the Data
The above data is a sample of data available in ERI"s Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI"s Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.

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