Home > Salary > Philippines > 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: 165,354 PHP
Estimated Monthly Salary: 13,780 PHP
Estimated Weekly Salary: 3,180 PHP per week
Estimated Hourly Salary: 79 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,345 PHP
Estimated Weekly Salary: 3,080 PHP per week
Estimated Hourly Salary: 77 PHP per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 2,754 USD
Estimated Monthly Salary: 230 USD
Estimated Weekly Salary: 53 USD per week
Estimated Hourly Salary: 1 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: 165,354 PHP
Estimated Monthly Salary: 13,780 PHP
Estimated Weekly Salary: 3,180 PHP per week
Estimated Hourly Salary: 79 PHP per hour
By working as Loan Collector a person can save up to 72 USD per month or 858 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 Philippines, see costs of living in Philippines.
Estimated Yearly Salary for Loan Collector
Last revision of data: 2025-01-04
Data as of 2025
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Loan Collector salary in Philippines
Average Yearly Salary of Loan Collector in Philippines is approximately 165,354 PHP (2,754 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: 165,354 PHP
Estimated Monthly Salary: 13,780 PHP
Estimated Weekly Salary: 3,180 PHP per week
Estimated Hourly Salary: 79 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 160,140 PHPEstimated Monthly Salary: 13,345 PHP
Estimated Weekly Salary: 3,080 PHP per week
Estimated Hourly Salary: 77 PHP 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: 2,754 USD
Estimated Monthly Salary: 230 USD
Estimated Weekly Salary: 53 USD per week
Estimated Hourly Salary: 1 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
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Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Philippines.
Comparison shows that a person working as Loan Collector in Philippines earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Loan Collector job salary compared to average salary in Philippines.
Comparison shows that a person working as Loan Collector in Philippines earns on average:
0.76 times the average salary (or 76% 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 181,889 PHP and 239,763 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Collector in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 165,354 PHP
Estimated Monthly Salary: 13,780 PHP
Estimated Weekly Salary: 3,180 PHP per week
Estimated Hourly Salary: 79 PHP per hour
By working as Loan Collector a person can save up to 72 USD per month or 858 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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
China is 8,967 USD
Vietnam is 2,810 USD
Malaysia is 12,402 USD
Indonesia is 7,426 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 Philippines
(2,481,728 PHP per year, pre-tax.)
2. Cardiologist
(2,051,118 PHP per year, pre-tax.)
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4. Neurosurgeon
(1,926,350 PHP per year, pre-tax.)
(1,926,277 PHP per year, pre-tax.)
6. Urologist
(1,880,648 PHP per year, pre-tax.)
(1,878,914 PHP per year, pre-tax.)
(1,877,420 PHP per year, pre-tax.)
9. Oncologist
(1,875,578 PHP per year, pre-tax.)
(1,874,981 PHP per year, pre-tax.)
Data as of 2025Random salary:
Group account director (646,663 PHP per year, pre-tax.)
Certified resident assessment coordinator (197,368 PHP per year, pre-tax.)
Medical director gastroenterology (1,332,960 PHP per year, pre-tax.)
Comedian (180,840 PHP per year, pre-tax.)
Geoscientist (but not hydrologist or geographer) (249,637 PHP per year, pre-tax.)
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