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Consumer Loan Processor salary in Israel

Average Yearly Salary of Consumer Loan Processor in Israel is approximately 142,530 ILS (35,849 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 Consumer Loan Processor do?

occupation personasA consumer loan processor is responsible for reviewing and processing loan applications submitted by individuals seeking personal loans. They gather and verify all necessary documentation, such as income statements, credit reports, and employment records, to evaluate the borrower's creditworthiness. The loan processor ensures that all information provided is accurate and complete, and follows up with applicants to request any missing or additional documentation. They analyze the applicant's financial situation, calculate the loan amount and interest rate, and make recommendations based on their findings. Additionally, consumer loan processors may communicate with borrowers to explain loan terms and conditions, answer questions, and provide guidance throughout the loan application process. Attention to detail, strong analytical skills, and knowledge of lending regulations are essential for success in this role.

Skills: Consumer loan processor, Loan application, Creditworthiness assessment, Documentation verification, Financial analysis, Lending regulations.
Job industry: Finance


How much does Consumer Loan Processor make?

Salary details
How much does Consumer Loan Processor make?
Estimated Yearly Salary: 142,530 ILS
Estimated Monthly Salary: 11,878 ILS
Estimated Weekly Salary: 2,741 ILS per week
Estimated Hourly Salary: 69 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 138,200 ILS
Estimated Monthly Salary: 11,517 ILS
Estimated Weekly Salary: 2,658 ILS per week
Estimated Hourly Salary: 66 ILS per hour
Last revision of data: 2024-01-02



Consumer Loan Processor estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 35,849 USD
Estimated Monthly Salary: 2,987 USD
Estimated Weekly Salary: 689 USD per week
Estimated Hourly Salary: 17 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.

Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Consumer Loan Processor job salary compared to average salary in Israel.
Comparison shows that a person working as Consumer Loan Processor in Israel earns on average:
0.74 times the average salary (or 74% of average salary).

Is Consumer Loan Processor a well paid job?

No, our data shows that Consumer Loan Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Consumer Loan Processor might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Consumer Loan Processor?

High salary for Consumer Loan Processor would be somewhere between 156,783 ILS and 206,669 ILS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Consumer Loan Processor in Israel?

Living in Israel the approximate monthly expenses are: 2,186 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: 142,530 ILS
Estimated Monthly Salary: 11,878 ILS
Estimated Weekly Salary: 2,741 ILS per week
Estimated Hourly Salary: 69 ILS per hour
By working as Consumer Loan Processor a person can save up to 801 USD per month or 9,617 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 Israel, see costs of living in Israel.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Lebanon, Syria, Jordan, Egypt.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Consumer Loan Processor

Lebanon is 5,420 USDdown arrow 85%
Details on Consumer Loan Processor salary in Lebanon
Syria is 2,402 USDdown arrow 93%
Details on Consumer Loan Processor salary in Syria
Jordan is 6,205 USDdown arrow 83%
Details on Consumer Loan Processor salary in Jordan
Egypt is 2,689 USDdown arrow 92%
Details on Consumer Loan Processor salary in Egypt
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Israel

(2,288,508 ILS per year, pre-tax.)
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)

Data as of 2025

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consumer loan processor salary in israel 2025
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All salary figures on this website are for informational use exclusively. We gather data from numerous trusted databases, yet cannot guarantee complete accuracy. Before making financial decisions, users should consult external authoritative sources. Salaries fluctuate due to several influences, including negotiation skills, industry demand, and experience levels. We disclaim any liability for misrepresentations in the salary estimates provided here. Your use with this website constitutes agreement of this policy.
The salary data presented here are intended for informational purposes solely. While we attempt to ensure accuracy, we do not guarantee all figures is flawless. Users are advised to research salary details with official sources before making important career choices. Salary ranges can fluctuate due to economic shifts, demand variations, and regional factors. We deny responsibility for inaccuracies in the salary data displayed.