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What Does it Take to Be a Credit Checker?

Credit Checker Example Investigate history and credit standing of individuals or business establishments applying for credit. Telephone or write to credit departments of business and service establishments to obtain information about applicant’s credit standing.

List of Credit Checker Job Duties

  • Examine city directories and public records to verify residence property ownership, bankruptcies, liens, arrest record, or unpaid taxes of applicants.
  • Contact former employers and other acquaintances to verify applicants’ references, employment, health history, and social behavior.
  • Compile and analyze credit information gathered by investigation.
  • Interview credit applicants by telephone or in person to obtain personal and financial data needed to complete credit report.
  • Prepare reports of findings and recommendations, using typewriters or computers.
  • Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested.

Qualities of a Credit Checker

Credit Checkers 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.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Writing: Communicating effectively in writing as appropriate for the needs of the audience.

Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.

Other Credit Checker Job Titles

  • Credit Interviewer
  • Credit Rating Inspector
  • Commercial Loan Reviewer
  • Commercial Credit Lead
  • Commercial Credit Advisor

Is There Job Demand for Credit Checkers?

In the United States, there were 38,500 jobs for Credit Checker in 2016. There is little to no growth in job opportunities for Credit Checker. Due to new job openings and attrition, there will be an average of 3,700 job openings in this field each year.

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The states with the most job growth for Credit Checker 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.

Average Credit Checkers Salary

The typical yearly salary for Credit Checkers is somewhere between $26,540 and $59,270.

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Credit Checkers who work in Minnesota, New York, or Massachusetts, make the highest salaries.

How much do Credit Checkers make in different U.S. states?

State Annual Mean Salary
Alabama $36,390
Arizona $41,640
Arkansas $34,880
California $42,680
Colorado $45,780
Connecticut $42,330
Delaware $40,130
Florida $37,680
Georgia $34,550
Hawaii $44,690
Idaho $42,600
Illinois $45,010
Indiana $41,940
Iowa $32,740
Kansas $40,290
Kentucky $41,310
Louisiana $28,630
Maine $37,140
Maryland $39,830
Massachusetts $46,440
Michigan $44,020
Minnesota $48,300
Mississippi $30,440
Missouri $36,060
Montana $44,160
Nebraska $37,690
Nevada $33,930
New Hampshire $39,010
New Jersey $44,500
New Mexico $35,370
New York $48,420
North Carolina $42,160
North Dakota $38,330
Ohio $40,780
Oklahoma $38,370
Oregon $45,130
Pennsylvania $40,270
Rhode Island $46,340
South Carolina $40,340
South Dakota $34,530
Tennessee $39,220
Texas $42,480
Utah $37,490
Virginia $40,500
Washington $40,160
West Virginia $36,440
Wisconsin $43,240

Tools & Technologies Used by Credit Checkers

Below is a list of the types of tools and technologies that Credit Checkers may use on a daily basis:

  • Microsoft Excel
  • Microsoft Word
  • Microsoft Office
  • Microsoft PowerPoint
  • Microsoft Outlook
  • Web browser software
  • Microsoft Access
  • Data entry software
  • Email software
  • SAP

How do I Become a Credit Checker?

What education or degrees do I need to become a Credit Checker?

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How many years of work experience do I need?

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Credit Checkers Sector

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The table below shows the approximate number of Credit Checkers employed by various industries.

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Other Jobs You May be Interested In

Those who work as a Credit Checker sometimes switch careers to one of these choices:

References:

Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic

More about our data sources and methodologies.

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