Home > Salary > Morocco > Loan Officer Consumer
A loan officer consumer is responsible for assisting individuals in obtaining loans for personal use. They work in financial institutions such as banks, credit unions, or mortgage companies. Their primary role is to evaluate loan applications, review credit histories, and assess the financial situation of potential borrowers. Loan officers consumer are knowledgeable about different types of loans, including personal loans, auto loans, and home equity loans. They guide applicants through the loan application process, explaining terms, conditions, and repayment options. Additionally, they may provide advice on improving credit scores and managing debt. Strong communication and customer service skills are essential for building relationships with clients and ensuring a smooth loan approval process. Accuracy and attention to detail are crucial in assessing risks and determining loan eligibility.
Estimated Yearly Salary: 128,939 MAD
Estimated Monthly Salary: 10,745 MAD
Estimated Weekly Salary: 2,480 MAD per week
Estimated Hourly Salary: 62 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,342 MAD
Estimated Weekly Salary: 2,387 MAD per week
Estimated Hourly Salary: 60 MAD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 11,678 USD
Estimated Monthly Salary: 973 USD
Estimated Weekly Salary: 225 USD per week
Estimated Hourly Salary: 6 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: 128,939 MAD
Estimated Monthly Salary: 10,745 MAD
Estimated Weekly Salary: 2,480 MAD per week
Estimated Hourly Salary: 62 MAD per hour
By working as Loan Officer Consumer a person can save up to 373 USD per month or 4,478 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 Morocco, see costs of living in Morocco.
Estimated Yearly Salary for Loan Officer Consumer
Last revision of data: 2025-01-04
Data as of 2025
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Loan Officer Consumer salary in Morocco
Average Yearly Salary of Loan Officer Consumer in Morocco is approximately 128,939 MAD (11,678 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 Officer Consumer do?
A loan officer consumer is responsible for assisting individuals in obtaining loans for personal use. They work in financial institutions such as banks, credit unions, or mortgage companies. Their primary role is to evaluate loan applications, review credit histories, and assess the financial situation of potential borrowers. Loan officers consumer are knowledgeable about different types of loans, including personal loans, auto loans, and home equity loans. They guide applicants through the loan application process, explaining terms, conditions, and repayment options. Additionally, they may provide advice on improving credit scores and managing debt. Strong communication and customer service skills are essential for building relationships with clients and ensuring a smooth loan approval process. Accuracy and attention to detail are crucial in assessing risks and determining loan eligibility.
Skills: loan officer, consumer loans, financial institutions, credit history, loan application, customer service
Job industry: Finance
Job industry: Finance
How much does Loan Officer Consumer make?
Salary details
How much does Loan Officer Consumer make?Estimated Yearly Salary: 128,939 MAD
Estimated Monthly Salary: 10,745 MAD
Estimated Weekly Salary: 2,480 MAD per week
Estimated Hourly Salary: 62 MAD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 124,102 MADEstimated Monthly Salary: 10,342 MAD
Estimated Weekly Salary: 2,387 MAD per week
Estimated Hourly Salary: 60 MAD per hour
Last revision of data: 2024-01-05Loan Officer Consumer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,678 USD
Estimated Monthly Salary: 973 USD
Estimated Weekly Salary: 225 USD per week
Estimated Hourly Salary: 6 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
Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Officer Consumer job salary compared to average salary in Morocco.
Comparison shows that a person working as Loan Officer Consumer in Morocco earns on average:
0.86 times the average salary (or 86% of average salary).
Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Loan Officer Consumer job salary compared to average salary in Morocco.
Comparison shows that a person working as Loan Officer Consumer in Morocco earns on average:
0.86 times the average salary (or 86% of average salary).
Is Loan Officer Consumer a well paid job?
Yes, our data show that Loan Officer Consumer is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Officer Consumer?
High salary for Loan Officer Consumer would be somewhere between 141,833 MAD and 186,962 MAD. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Officer Consumer in Morocco?
Living in Morocco the approximate monthly expenses are: 600 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: 128,939 MAD
Estimated Monthly Salary: 10,745 MAD
Estimated Weekly Salary: 2,480 MAD per week
Estimated Hourly Salary: 62 MAD per hour
By working as Loan Officer Consumer a person can save up to 373 USD per month or 4,478 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 Morocco, see costs of living in Morocco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Algeria, Western Sahara, Spain. 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 Officer Consumer
Algeria is 10,908 USD
Spain is 24,596 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 Morocco
(1,720,305 MAD per year, pre-tax.)
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4. Neurosurgeon
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(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
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9. Urologist
(1,309,746 MAD per year, pre-tax.)
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Data as of 2025Random salary:
Analytical methods development scientist (211,500 MAD per year, pre-tax.)
Web producer manager coordinator (183,687 MAD per year, pre-tax.)
Ecommerce manager (171,000 MAD per year, pre-tax.)
Distribution assistant (87,000 MAD per year, pre-tax.)
Radio show host (120,000 MAD per year, pre-tax.)
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