Average Loan Collector Salary in Dominican Republic for 2026

In this article, we will look at the average Loan Collector salary for 2026 in Dominican Republic and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Dominican peso. To keep things simple, we are using the DOP currency code instead of the currency symbol $.

How Much Does a Loan Collector Make in Dominican Republic?

A Loan Collector working in Dominican Republic will typically earn around 84,040 DOP per year, and this can range from the lowest average salary of about 41,980 DOP to the highest average salary of 128,900 DOP.

These are average salaries for a Loan Collector in Dominican Republic and include benefits such as housing and transport. It's also possible for a Loan Collector to earn more or less than the average salaries shown above.

Loan Collector salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Loan Collector Salaries in Dominican Republic

So we've looked at the average salaries a Loan Collector will earn in Dominican Republic. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loan Collector can earn between 41,980 DOP and 128,900 DOP on average in Dominican Republic. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Loan Collector in Dominican Republic is 85,700 DOP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 85,700 DOP, and 50% of the population earn more than 85,700 DOP.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Loan Collector salary in Dominican Republic, 25% of the population are earning less than 56,640 DOP while 75% of the population earn more than 56,640 DOP.

75% of the population earn less than 114,820 DOP, and 25% of the population earn more than 114,820 DOP.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Loan Collector Salary by Experience Level in Dominican Republic

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Loan Collector salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Loan Collector in Dominican Republic that has less than two years of experience can expect to earn somewhere in the region of 48,820 DOP.
• 2 - 5 Years Experience. With two to five years of experience the average Loan Collector salary would increase to 66,100 DOP.
• 5 - 10 Years Experience. From five to ten years of experience as a Loan Collector, the average salary would be 87,880 DOP.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 107,320 DOP.
• 15 - 20 Years Experience. A Loan Collector with 15 to 20 years of experience can earn an average of 115,260 DOP.
• 20+ Years Experience. For a Loan Collector with more than 20 years, the expected average salary increases to 124,400 DOP.

Average Salary by Experience Chart

Loan Collector Salary by Education Level in Dominican Republic

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Loan Collector in Dominican Republic based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Loan Collector in Dominican Republic with a high school education can earn an average salary of 57,620 DOP.
• Certificate or Diploma. A Loan Collector in Dominican Republic with a certificate or diploma education can earn an average salary of 84,880 DOP.
• Bachelor's Degree. A Loan Collector in Dominican Republic with a bachelor's degree education can earn an average salary of 113,740 DOP.

Average Salary by Education Chart

Loan Collector Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Dominican Republic, a male loan collector will earn an average of 86,420 DOP, while a female loan collector will earn around 82,200 DOP.

This means that a male loan collector earns approximately 5% more than a female loan collector for performing the same job.

Average Salary by Gender Chart in Dominican Republic

Loan Collector Average Pay Raise in Dominican Republic

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Loan Collector in Dominican Republic is around 11% every 16 months.

The national average pay raise across all professions and industries in Dominican Republic is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 16 ) × 12  = 8%

What this means is that a Loan Collector in Dominican Republic can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Dominican Republic for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Dominican Republic.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Loan Collector Bonus and Incentive Rates in Dominican Republic

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Loan Collector is a low bonus based job, with 29% of employees reporting at least one bonus in the last 12 months.

71% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Dominican Republic earn approximately 7% more than private sector employees in the same role.

Salaries for Jobs Similar to a Loan Collector

In the table below, we have salary information for jobs that are similar to a Loan Collector in Dominican Republic.

Salary Comparison by City

If you want to compare salaries with different cities in Dominican Republic, you can use the links below to explore the data for each specific city we have researched.