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Credit Checker

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All About Credit Checkers

Position Description 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

  • Relay credit report information to subscribers by mail or by telephone.
  • 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.
  • Compile and analyze credit information gathered by investigation.
  • Prepare reports of findings and recommendations, using typewriters or computers.
  • Contact former employers and other acquaintances to verify applicants’ references, employment, health history, and social behavior.

What Every Credit Checker Should Know

These are the skills Credit Checkers 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.

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

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

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

Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.

Types of Credit Checker

  • Credit Verifier
  • Credit Reference Clerk
  • Loan Verifier
  • Credit Assistant
  • Finance Processor

Job Demand for Credit Checkers

There were about 38,500 jobs for Credit Checker in 2016 (in the United States). 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.

How Much Does a Credit Checker Make?

The average yearly salary of a Credit Checker ranges 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

Becoming a Credit Checker

What education is needed to be a Credit Checker?

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How many years of work experience do I need?

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Where do Credit Checkers Work?

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The table below shows some of the most common industries where those employed in this career field work.

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Similar Careers

Are you already one of the many Credit Checker in the United States? If you’re thinking about changing careers, these fields are worth exploring:

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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