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Credit Counselors and Loan Officer Salary in the Industry of Direct Insurance (except Life, Health, and Medical) Carriers

The salary statistics and trend of credit counselors and loan officers in the industry of direct insurance (except life, health, and medical) carriers are shown in the following tables and chart. In Table 3 we compare credit counselors and loan officer salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$34,670
25th Percentile Wage
$46,610
50th Percentile Wage
$63,220
75th Percentile Wage
$88,460
90th Percentile Wage
$126,950

Table 1 shows the average annual salaries for credit counselors and loan officers in the industry of direct insurance (except life, health, and medical) carriers. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) credit counselors and loan officers is $126,950. The median annual salary (50th percentile) is $63,220. The average annual salary for the bottom 10 percent credit counselors and loan officers is $34,670.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of credit counselors and loan officers in the industry of Direct Insurance (except Life, Health, and Medical) Carriers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$63,220
5.20% 1.34%
2016
$59,930
5.39% -
2015
$56,700
-2.73% -
2014
$58,250
-10.06% -
2013
$64,110
2.71% -
2012
$62,370
- -

Table 3. Compare Credit Counselors and Loan Officer Salary in Different Industries within the Finance and Insurance Sector




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Highest paying industries for credit counselors and loan officers.