Home > Salary > Norway > Loan Collector
A loan collector is responsible for managing and collecting overdue debts from borrowers. They work for banks, financial institutions, or debt collection agencies. The primary role of a loan collector is to contact borrowers who have defaulted on their loan payments and negotiate repayment plans. They use various communication methods such as phone calls, emails, and letters to reach out to borrowers and discuss their outstanding debts. Loan collectors also investigate the reasons behind late payments and provide solutions to help borrowers meet their obligations.
Estimated Yearly Salary: 737,597 NOK
Estimated Monthly Salary: 61,466 NOK
Estimated Weekly Salary: 14,185 NOK per week
Estimated Hourly Salary: 355 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 59,167 NOK
Estimated Weekly Salary: 13,654 NOK per week
Estimated Hourly Salary: 341 NOK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 66,714 USD
Estimated Monthly Salary: 5,560 USD
Estimated Weekly Salary: 1,283 USD per week
Estimated Hourly Salary: 32 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: 737,597 NOK
Estimated Monthly Salary: 61,466 NOK
Estimated Weekly Salary: 14,185 NOK per week
Estimated Hourly Salary: 355 NOK per hour
By working as Loan Collector a person can save up to 1,739 USD per month or 20,869 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Loan Collector
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Business loan processor (835,967 NOK per year, pre-tax.)
Courtesy clerk (345,335 NOK per year, pre-tax.)
Assistant office manager (605,780 NOK per year, pre-tax.)
Laboratory associate (817,270 NOK per year, pre-tax.)
Geographic information systems (gis), project manager (1,761,498 NOK per year, pre-tax.)
Loan Collector salary in Norway
Average Yearly Salary of Loan Collector in Norway is approximately 737,597 NOK (66,714 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 do?
A loan collector is responsible for managing and collecting overdue debts from borrowers. They work for banks, financial institutions, or debt collection agencies. The primary role of a loan collector is to contact borrowers who have defaulted on their loan payments and negotiate repayment plans. They use various communication methods such as phone calls, emails, and letters to reach out to borrowers and discuss their outstanding debts. Loan collectors also investigate the reasons behind late payments and provide solutions to help borrowers meet their obligations.
Skills: Loan Collector, Debt Collection, Financial Services, Credit Management, Negotiation Skills, Customer Relations
Job industry: Finance
Job industry: Finance
How much does Loan Collector make?
Salary details
How much does Loan Collector make?Estimated Yearly Salary: 737,597 NOK
Estimated Monthly Salary: 61,466 NOK
Estimated Weekly Salary: 14,185 NOK per week
Estimated Hourly Salary: 355 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 710,006 NOKEstimated Monthly Salary: 59,167 NOK
Estimated Weekly Salary: 13,654 NOK per week
Estimated Hourly Salary: 341 NOK per hour
Last revision of data: 2024-01-09Loan Collector estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 66,714 USD
Estimated Monthly Salary: 5,560 USD
Estimated Weekly Salary: 1,283 USD per week
Estimated Hourly Salary: 32 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
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Norway.
Comparison shows that a person working as Loan Collector in Norway earns on average:
0.75 times the average salary (or 75% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Norway.
Comparison shows that a person working as Loan Collector in Norway earns on average:
0.75 times the average salary (or 75% of average salary).
Is Loan Collector a well paid job?
No, our data shows that Loan Collector is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Collector might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Collector?
High salary for Loan Collector would be somewhere between 811,357 NOK and 1,069,516 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Collector in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 737,597 NOK
Estimated Monthly Salary: 61,466 NOK
Estimated Weekly Salary: 14,185 NOK per week
Estimated Hourly Salary: 355 NOK per hour
By working as Loan Collector a person can save up to 1,739 USD per month or 20,869 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. 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
Sweden is 44,186 USD
Finland is 38,148 USD
Russia is 8,976 USD
Denmark is 51,305 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Business loan processor (835,967 NOK per year, pre-tax.)
Courtesy clerk (345,335 NOK per year, pre-tax.)
Assistant office manager (605,780 NOK per year, pre-tax.)
Laboratory associate (817,270 NOK per year, pre-tax.)
Geographic information systems (gis), project manager (1,761,498 NOK per year, pre-tax.)
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