Credit Checkers, Processors or Managers
Credit checkers investigate the history and credit standing of individuals or business establishments applying for credit. They telephone or write to credit departments of business and service establishments to obtain information about applicants’ credit standings. Credit checkers compile and analyze credit information, obtain information about potential creditors, and interview credit applicants by phone or in person to obtain personal and financial data needed to complete a credit report.TCC programs that are right for you:Business Management and Accounting Programs
Credit checkers work in offices in banks, mortgage firms, credit card companies, and other financial institutions. Most credit checkers work regular business hours and a standard 40-hour week. They may be required to sit for long periods of time as they analyze data and generate reports at their desk.
According to the Bureau of Labor Statistics, employment of credit checkers is expected to grow about 3 to 9 percent between 2010 and 2020, slower than the average for all occupations. While technology continues to improve the efficiency of credit application processing, jobs will continue to arise as a result of increased risk aversion and closer attention to credit policies by lenders.
For information on wages, visit O*NET
Career information courtesy of O*NET.