All About Credit Authorizers
Credit Authorizer Example Authorize credit charges against customers’ accounts.
Credit Authorizer Responsibilities
- Evaluate customers’ computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
- Receive charge slips or credit applications by mail, or receive information from salespeople or merchants by telephone.
- Mail charge statements to customers.
- Prepare credit cards or charge account plates.
- File sales slips in customers’ ledgers for billing purposes.
- Keep records of customers’ charges and payments.
What Every Credit Authorizer Should Know
These are the skills Credit Authorizers say are the most useful in their careers:
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Types of Credit Authorizer
- Commercial Credit Officer
- Credit Adjuster
- Credit Balance Specialist
- Credit Review Officer
- Credit Administrator
Is There Job Demand for Credit Authorizers?
In 2016, there was an estimated number of 38,500 jobs in the United States for Credit Authorizer. There is little to no growth in job opportunities for Credit Authorizer. The BLS estimates 3,700 yearly job openings in this field.
The states with the most job growth for Credit Authorizer are Utah, Florida, and Washington. Watch out if you plan on working in West Virginia, New Mexico, or Pennsylvania. These states have the worst job growth for this type of profession.
Do Credit Authorizers Make A Lot Of Money?
The typical yearly salary for Credit Authorizers is somewhere between $26,540 and $59,270.
Credit Authorizers who work in Minnesota, New York, or Massachusetts, make the highest salaries.
How much do Credit Authorizers make in each U.S. state?
|State||Annual Mean Salary|
Tools & Technologies Used by Credit Authorizers
Below is a list of the types of tools and technologies that Credit Authorizers may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Data entry software
- Microsoft Internet Explorer
- Financial accounting software
Becoming a Credit Authorizer
Individuals working as a Credit Authorizer have obtained the following education levels:
How Long Does it Take to Become a Credit Authorizer?
Where Credit Authorizers Work
The table below shows some of the most common industries where those employed in this career field work.
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
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