Loan services representative demographics and statistics in the US
Loan services representative demographics research summary. Zippia estimates loan services representative demographics and statistics in the United States by using a database of 30 million profiles. Our loan services representative estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about loan services representatives after extensive research and analysis:
- There are over 27,900 loan services representatives currently employed in the United States.
- 73.2% of all loan services representatives are women, while 26.8% are men.
- The average loan services representative age is 41 years old.
- The most common ethnicity of loan services representatives is White (59.4%), followed by Hispanic or Latino (17.0%), Black or African American (11.7%) and Asian (7.1%).
- Loan services representatives are most in-demand in Charlotte, NC.
- The finance industry is the highest-paying for loan services representatives.
- 7% of all loan services representatives are LGBT.
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Loan services representative demographics by:
Loan services representative gender statistics
73.2% of loan services representatives are women and 26.8% of loan services representatives are men.
- Female, 73.2%
- Male, 26.8%
Loan services representative gender ratio
| Gender | Percentages |
|---|---|
| Female | 73.2% |
| Male | 26.8% |
Loan services representative gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$40,457
Female income
$36,963
Loan services representative gender ratio over time
This data breaks down the percentage of men and women in loan services representative positions over time. Currently, 73.2% of loan services representatives are female.
Loan services representative gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 18.84% | 81.16% |
| 2011 | 21.86% | 78.14% |
| 2012 | 21.22% | 78.78% |
| 2013 | 22.90% | 77.10% |
| 2014 | 21.28% | 78.72% |
| 2015 | 23.30% | 76.70% |
| 2016 | 24.85% | 75.15% |
| 2017 | 26.93% | 73.07% |
| 2018 | 26.85% | 73.15% |
| 2019 | 24.68% | 75.32% |
| 2020 | 26.01% | 73.99% |
| 2021 | 26.82% | 73.18% |
Loan services representative related jobs gender ratio
We compared loan services representatives with similar job titles to see how gender ratios vary. As you can see, technical service advisor and courtesy associate have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Loan Secretary | 4% | 96% |
| Dental Receptionist | 5% | 95% |
| Receptionist Secretary | 6% | 94% |
| Loan Services Representative | 27% | 73% |
| Lead Ramp Agent | 86% | 14% |
| Courtesy Associate | 88% | 12% |
| Technical Service Advisor | 89% | 11% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Loan services representative demographics by race
The most common ethnicity among loan services representatives is White, which makes up 59.4% of all loan services representatives. Comparatively, 17.0% of loan services representatives are Hispanic or Latino and 11.7% of loan services representatives are Black or African American.
- White, 59.4%
- Hispanic or Latino, 17.0%
- Black or African American, 11.7%
- Asian, 7.1%
- Unknown, 4.4%
- American Indian and Alaska Native, 0.4%
Loan services representative race
| Loan services representative race | Percentages |
|---|---|
| White | 59.4% |
| Hispanic or Latino | 17.0% |
| Black or African American | 11.7% |
| Asian | 7.1% |
| Unknown | 4.4% |
| American Indian and Alaska Native | 0.4% |
Loan services representative race and ethnicity over time
See how loan services representative racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Loan services representative race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 63.47% | 10.77% | 6.55% | 16.78% |
| 2011 | 62.90% | 10.86% | 6.67% | 16.73% |
| 2012 | 64.42% | 11.82% | 5.60% | 15.69% |
| 2013 | 61.48% | 13.57% | 6.85% | 15.57% |
| 2014 | 61.93% | 10.34% | 6.97% | 18.20% |
| 2015 | 63.97% | 11.74% | 7.09% | 14.54% |
| 2016 | 65.47% | 9.86% | 6.19% | 16.18% |
| 2017 | 62.67% | 10.96% | 6.78% | 17.40% |
| 2018 | 64.21% | 10.60% | 7.34% | 15.13% |
| 2019 | 66.48% | 7.08% | 5.75% | 17.98% |
| 2020 | 63.06% | 9.57% | 7.51% | 15.73% |
| 2021 | 59.38% | 11.67% | 7.12% | 17.05% |
Loan services representative wage gap by race
According to our data, hispanic or latino loan services representatives have the highest average salary compared to other ethnicities. Black or african american loan services representatives have the lowest average salary at $32,492.
| Ethnicity | Salary |
|---|---|
| Unknown | $42,992 |
| White | $41,117 |
| Black or African American | $32,492 |
| Asian | $42,474 |
| Hispanic or Latino | $44,430 |
Average loan services representative age
See how the average age of loan services representatives varies based on ethnicity and gender.
Male
Female
Loan services representative age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 32 | 43 |
| White | 34 | 43.5 |
| Black or African American | 38 | 38 |
| Asian | 41 | 45.5 |
| Hispanic or Latino | 39 | 38.5 |
Loan services representative age breakdown
The average age of loan services representatives is 40+ years years old, representing 54% of the loan services representative population.
Loan services representative age breakdown
| Loan Services Representative Years | Percentages |
|---|---|
| 40+ years | 54% |
| 30-40 years | 28% |
| 20-30 years | 18% |
Loan services representative educational attainment
The most common degree for loan services representatives is bachelor's degree, with 47% of loan services representatives earning that degree. The second and third most common degree levels are associate degree degree at 24% and associate degree degree at 19%.
- Bachelor's, 47%
- Associate, 24%
- High School Diploma, 19%
- Master's, 4%
- Other Degrees, 6%
Loan services representatives by degree level
| Loan services representative degree | Percentages |
|---|---|
| Bachelor's | 47% |
| Associate | 24% |
| High School Diploma | 19% |
| Master's | 4% |
| Other Degrees | 6% |
Loan services representative jobs you might like
Loan services representative wage gap by degree level
According to the data, loan services representatives with a Bachelor's degree earn more than those without, at $47,822 annually. With a High School Diploma degree, loan services representatives earn a median annual income of $38,900 compared to $38,305 for loan services representatives with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $38,900 |
| Bachelor's Degree | $47,822 |
| Some College/ Associate Degree | $38,305 |
Loan services representative employment statistics
Most loan services representatives work for a private in the finance industry.
Company size where loan services representatives work
Below, you can see the size of companies where loan services representatives work.
Loan services representative jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 20% |
| 100 - 500 employees | 29% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 23% |
| > 10,000 employees | 13% |
Loan services representative jobs by company type
Employees with the loan services representative job title have their preferences when it comes to working for a company. For instance, most loan services representatives prefer to work at private companies over public companies.
Loan services representative jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 34% |
| Private | 64% |
| Government | 1% |
Loan services representative jobs by industry
The most common industries for loan services representatives are finance, professional and manufacturing.
Loan services representative industry statistics
| Industry | Percentages |
|---|---|
| Finance | 75% |
| Fortune 500 | 7% |
| Professional | 4% |
| Manufacturing | 2% |
| Government | 1% |
| Real Estate | 1% |
| Technology | 1% |
| Start-up | 1% |
| Insurance | 1% |
| Construction | 1% |
| Education | 1% |
| Hospitality | 1% |
| Automotive | 1% |
| Retail | 1% |
| Energy | 1% |
Loan services representative turnover and employment statistics
Loan services representative unemployment rate over time
The unemployment rate for loan services representatives between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Loan services representative unemployment rate by year
| Year | Loan services representative unemployment rate |
|---|---|
| 2010 | 11.22% |
| 2011 | 9.54% |
| 2012 | 6.27% |
| 2013 | 5.49% |
| 2014 | 7.20% |
| 2015 | 3.15% |
| 2016 | 3.20% |
| 2017 | 2.30% |
| 2018 | 2.81% |
| 2019 | 2.16% |
| 2020 | 2.86% |
| 2021 | 2.21% |
Average loan services representative tenure
The average loan services representative stays at their job for 1-2 years, based on the 2,312 loan services representatives resumes in Zippia's database.
Loan services representative tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 19% |
| 1-2 years | 38% |
| 3-4 years | 17% |
| 5-7 years | 13% |
| 8-10 years | 6% |
| 11+ years | 6% |
Loan services representative LGBT ratio compared to similar jobs
Review the percent of loan services representatives that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Medicaid Specialist | 6.73% | 73,368 |
| Loan Services Representative | 6.78% | - |
| Patient Care Specialist | 7.19% | 146,861 |
| File Keeper | 8.60% | 3,419 |
| Credit Processor | 8.99% | 11,088 |
| Periodicals Library Assistant | 11.16% | 1,044 |
| Personnel Associate | 15.31% | 709 |
Similar loan services representative jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Medicaid Specialist | 6.73% | 73,368 |
| Patient Care Specialist | 7.19% | 146,861 |
| File Keeper | 8.60% | 3,419 |
| Credit Processor | 8.99% | 11,088 |
| Periodicals Library Assistant | 11.16% | 1,044 |
| Personnel Associate | 15.31% | 709 |
Foreign languages spoken by loan services representatives
The most common foreign language among loan services representatives is Spanish at 74.2%. The second-most popular foreign language spoken is Cantonese at 4.8% and Polish is the third-most popular at 4.8%.
- Spanish, 74.2%
- Cantonese, 4.8%
- Polish, 4.8%
- German, 3.2%
- French, 3.2%
- Other, 9.8%
Loan services representative languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 74.2% |
| Cantonese | 4.8% |
| Polish | 4.8% |
| German | 3.2% |
| French | 3.2% |
| Other | 9.8% |
