Home > Salary > Iraq > Loan Collector Commercial
A loan collector commercial is responsible for managing and collecting outstanding debts from individuals or businesses. They work for financial institutions, credit agencies, or debt collection agencies. The primary role of a loan collector commercial is to contact borrowers through various means such as phone calls, emails, or letters to negotiate repayment plans and recover overdue payments. They must have excellent communication and negotiation skills to handle difficult conversations and resolve disputes effectively. Additionally, they need to maintain accurate records of all interactions, update customer information, and follow legal guidelines and regulations related to debt collection.
Estimated Yearly Salary: 6,213,869 IQD
Estimated Monthly Salary: 517,822 IQD
Estimated Weekly Salary: 119,497 IQD per week
Estimated Hourly Salary: 2,987 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 500,793 IQD
Estimated Weekly Salary: 115,568 IQD per week
Estimated Hourly Salary: 2,889 IQD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,181 USD
Estimated Monthly Salary: 348 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 6,213,869 IQD
Estimated Monthly Salary: 517,822 IQD
Estimated Weekly Salary: 119,497 IQD per week
Estimated Hourly Salary: 2,987 IQD per hour
By working as Loan Collector Commercial a person can save up to 108 USD per month or 1,301 USD yearly. Values are pre-tax.
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 Iraq, see costs of living in Iraq.
Estimated Yearly Salary for Loan Collector Commercial
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Certified coding associate (cca) (4,470,309 IQD per year, pre-tax.)
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Loan Collector Commercial salary in Iraq
Average Yearly Salary of Loan Collector Commercial in Iraq is approximately 6,213,869 IQD (4,181 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 Loan Collector Commercial do?
A loan collector commercial is responsible for managing and collecting outstanding debts from individuals or businesses. They work for financial institutions, credit agencies, or debt collection agencies. The primary role of a loan collector commercial is to contact borrowers through various means such as phone calls, emails, or letters to negotiate repayment plans and recover overdue payments. They must have excellent communication and negotiation skills to handle difficult conversations and resolve disputes effectively. Additionally, they need to maintain accurate records of all interactions, update customer information, and follow legal guidelines and regulations related to debt collection.
Skills: Loan collector, Debt recovery, Financial services, Credit agency, Debt collection agency, Negotiation skills
Job industry: Finance
Job industry: Finance
How much does Loan Collector Commercial make?
Salary details
How much does Loan Collector Commercial make?Estimated Yearly Salary: 6,213,869 IQD
Estimated Monthly Salary: 517,822 IQD
Estimated Weekly Salary: 119,497 IQD per week
Estimated Hourly Salary: 2,987 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,009,510 IQDEstimated Monthly Salary: 500,793 IQD
Estimated Weekly Salary: 115,568 IQD per week
Estimated Hourly Salary: 2,889 IQD per hour
Last revision of data: 2024-01-03Loan Collector Commercial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,181 USD
Estimated Monthly Salary: 348 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector Commercial job salary compared to average salary in Iraq.
Comparison shows that a person working as Loan Collector Commercial in Iraq earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector Commercial job salary compared to average salary in Iraq.
Comparison shows that a person working as Loan Collector Commercial in Iraq earns on average:
0.76 times the average salary (or 76% of average salary).
Is Loan Collector Commercial a well paid job?
No, our data shows that Loan Collector Commercial is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Collector Commercial might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Collector Commercial?
High salary for Loan Collector Commercial would be somewhere between 6,835,256 IQD and 9,010,110 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Collector Commercial in Iraq?
Living in Iraq the approximate monthly expenses are: 240 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: 6,213,869 IQD
Estimated Monthly Salary: 517,822 IQD
Estimated Weekly Salary: 119,497 IQD per week
Estimated Hourly Salary: 2,987 IQD per hour
By working as Loan Collector Commercial a person can save up to 108 USD per month or 1,301 USD yearly. Values are pre-tax.
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 Iraq, see costs of living in Iraq.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Collector Commercial
Iran is 5,515 USD
Jordan is 6,655 USD
Kuwait is 9,354 USD
Saudi Arabia is 19,269 USD
Syria is 2,570 USD
Turkey is 7,405 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Quality assurance (qa), analyst utilization review (9,886,422 IQD per year, pre-tax.)
Assistant attorney general (9,877,941 IQD per year, pre-tax.)
Fishmonger (4,942,470 IQD per year, pre-tax.)
Certified coding associate (cca) (4,470,309 IQD per year, pre-tax.)
Medical physicist (19,323,272 IQD per year, pre-tax.)
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