Home > Salary > Bolivia > Credit Administrator
A credit administrator is responsible for managing and overseeing the credit and lending activities of an organization. They play a crucial role in evaluating and analyzing credit applications, assessing the creditworthiness of customers, and determining appropriate credit limits. Additionally, credit administrators monitor and review credit accounts to ensure compliance with company policies and procedures, as well as industry regulations. They also handle collections and manage delinquent accounts, working closely with customers to develop repayment plans and resolve any issues. Strong analytical skills, attention to detail, and knowledge of financial principles are essential for this role. Effective communication and negotiation skills are also important for building relationships with customers and collaborating with internal teams. Overall, credit administrators play a vital role in maintaining the financial health of an organization by managing credit risks and ensuring timely payments.
Estimated Yearly Salary: 4,096 BOB
Estimated Monthly Salary: 341 BOB
Estimated Weekly Salary: 79 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 329 BOB
Estimated Weekly Salary: 76 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-03
Estimated Yearly Salary: 733 USD
Estimated Monthly Salary: 61 USD
Estimated Weekly Salary: 14 USD per week
Estimated Hourly Salary: 0 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 4,096 BOB
Estimated Monthly Salary: 341 BOB
Estimated Weekly Salary: 79 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Credit Administrator you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Bolivia, see costs of living in Bolivia.
Estimated Yearly Salary for Credit Administrator
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Kitchen manager (1,918 BOB per year, pre-tax.)
Toolmaker (3,422 BOB per year, pre-tax.)
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Executive compensation manager (8,424 BOB per year, pre-tax.)
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Credit Administrator salary in Bolivia
Average Yearly Salary of Credit Administrator in Bolivia is approximately 4,096 BOB (733 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Credit Administrator do?
A credit administrator is responsible for managing and overseeing the credit and lending activities of an organization. They play a crucial role in evaluating and analyzing credit applications, assessing the creditworthiness of customers, and determining appropriate credit limits. Additionally, credit administrators monitor and review credit accounts to ensure compliance with company policies and procedures, as well as industry regulations. They also handle collections and manage delinquent accounts, working closely with customers to develop repayment plans and resolve any issues. Strong analytical skills, attention to detail, and knowledge of financial principles are essential for this role. Effective communication and negotiation skills are also important for building relationships with customers and collaborating with internal teams. Overall, credit administrators play a vital role in maintaining the financial health of an organization by managing credit risks and ensuring timely payments.
Skills: credit management, financial analysis, risk assessment, creditworthiness evaluation, collections management, customer relationship management
Job industry: Finance
Job industry: Finance
How much does Credit Administrator make?
Salary details
How much does Credit Administrator make?Estimated Yearly Salary: 4,096 BOB
Estimated Monthly Salary: 341 BOB
Estimated Weekly Salary: 79 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,949 BOBEstimated Monthly Salary: 329 BOB
Estimated Weekly Salary: 76 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-03Credit Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 733 USD
Estimated Monthly Salary: 61 USD
Estimated Weekly Salary: 14 USD per week
Estimated Hourly Salary: 0 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Credit Administrator job salary compared to average salary in Bolivia.
Comparison shows that a person working as Credit Administrator in Bolivia earns on average:
7.2 times the average salary (or 720% of average salary).
Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Credit Administrator job salary compared to average salary in Bolivia.
Comparison shows that a person working as Credit Administrator in Bolivia earns on average:
7.2 times the average salary (or 720% of average salary).
Is Credit Administrator a well paid job?
Yes, our data shows that Credit Administrator is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Credit Administrator?
High salary for Credit Administrator would be somewhere between 4,506 BOB and 5,939 BOB. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Administrator in Bolivia?
Living in Bolivia the approximate monthly expenses are: 138 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 4,096 BOB
Estimated Monthly Salary: 341 BOB
Estimated Weekly Salary: 79 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Credit Administrator you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Bolivia, see costs of living in Bolivia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Administrator
Brazil is 9,679 USD
Argentina is 13,812 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Bolivia
(35,917 BOB per year, pre-tax.)
2. Cardiologist
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
4. Neurosurgeon
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
6. Oncologist
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
10. Urologist
(27,316 BOB per year, pre-tax.)
Data as of 2025Random salary:
Kitchen manager (1,918 BOB per year, pre-tax.)
Toolmaker (3,422 BOB per year, pre-tax.)
Validation manager (7,262 BOB per year, pre-tax.)
Executive compensation manager (8,424 BOB per year, pre-tax.)
Tax accounting assistant (2,961 BOB per year, pre-tax.)
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