What You Need to Know About Credit Authorizer
Credit Authorizer Definition Authorize credit charges against customers’ accounts.
Credit Authorizer Responsibilities
- Keep records of customers’ charges and payments.
- Evaluate customers’ computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
- Prepare credit cards or charge account plates.
- 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.
Skills Needed to be a Credit Authorizer
Credit Authorizers state the following job skills are important in their day-to-day work.
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.
Related Job Titles for this Occupation:
- Credit Representative
- Credit Specialist
- Credit Risk Review Officer
- Credit Officer
- Charge Authorizer
Credit Authorizer Employment Estimates
In the United States, there were 38,500 jobs for Credit Authorizer in 2016. 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.
Salary for a Credit Authorizer
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 different U.S. states?
|State||Annual Mean Salary|
Tools & Technologies Used by Credit Authorizers
Although they’re not necessarily needed for all jobs, the following technologies are used by many Credit Authorizers:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Data entry software
- Microsoft Internet Explorer
- Financial accounting software
How do I Become a Credit Authorizer?
What education or degrees do I need to become a Credit Authorizer?
How many years of work experience do I need?
Credit Authorizers Sector
The table below shows the approximate number of Credit Authorizers employed by various industries.
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
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