Office & Administrative Support
Credit Authorizers, Checkers, and Clerks
Also called: Commercial Credit Reviewer, Commercial Loan Reviewer, Credit Investigator, Credit Processor
US median pay
$50,080
per year, 2025
Job growth 2025–35
-7.4%
declining
Openings a year (US)
900
12,200 employed
Typical entry education
High school diploma or equivalent
Preparation 2/5 · Some preparation
What this job is
Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data, determine credit worthiness, process applications, and notify customers of acceptance or rejection of credit.
What they do day to day
- Keep records of customers' charges and payments.
- Compile and analyze credit information gathered by investigation.
- Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested.
- Interview credit applicants by telephone or in person to obtain personal and financial data needed to complete credit report.
- Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
- File sales slips in customers' ledgers for billing purposes.
- Receive charge slips or credit applications by mail, or receive information from salespeople or merchants by telephone.
- Mail charge statements to customers.
- Examine city directories and public records to verify residence property ownership, bankruptcies, liens, arrest record, or unpaid taxes of applicants.
- Relay credit report information to subscribers by mail or by telephone.
Skills and knowledge that matter most
Skills
- Time Management3.1/5
- Social Perceptiveness3.1/5
- Service Orientation3.0/5
- Judgment and Decision Making3.0/5
- Coordination3.0/5
- Instructing2.8/5
- Complex Problem Solving2.8/5
- Persuasion2.6/5
Knowledge
- Customer and Personal Service4.1/5
- English Language3.7/5
- Mathematics3.6/5
- Law and Government3.4/5
- Administrative3.3/5
- Economics and Accounting3.3/5
Importance rated by people working in the job (1 = not important, 5 = extremely important).
Education and preparation
Preparation level 2 of 5 — Some preparation. Usually a high school diploma; some previous work experience or training helps.
Typical entry education (BLS): High school diploma or equivalent.
Who this job suits
Mostly Conventional
Organising data, details and procedures
Enterprising
Leading, persuading and starting things
Social
Helping, teaching and caring for people
Based on the Holland (RIASEC) interest profile for this occupation.