Logo Careeronestop
careeronestop
GetMyFuture
Sponsored by the U.S. Department of Labor.
A proud partner of the american job center network.

Occupation Profile
Credit Authorizers, Checkers, and Clerks

What do they do?

Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data, determine credit worthiness, process applications, and notify customers of acceptance or rejection of credit.
Typical interests of people in this field:
Conventional, Enterprising, Social

Take an interest assessment
View Help

What does this information tell me?

This description can give you a quick overview of what you might do if you worked in this job.

“Typical interests of people in this field” shows the main types of interests related to this occupation, based on categories from the Interest Assessment. You’ll see one, two, or three “interest types” that are strongest for the occupation.

You can read more about these interest types and learn more about your own interests by taking the Interest Assessment.

You can use this information to see if this career might be a good match for what you are interested in and like to do. 

What is the source of this information?

The occupation description and the related interests come from O*NET OnLine’s Occupation Information.

Collapse Help

Also known as

  • Commercial Credit Reviewer
  • Commercial Loan Reviewer
  • Credit Investigator
  • Credit Processor
  • Credit Representative
View Help

What does this information tell me?

This is a list of other names for the occupation you selected. Sometimes different employers, industries, or parts of the country use different names for the same career.

You can use these names as substitutes for the career name when you’re looking for more information online or searching for job postings.

What is the source of this information?

These alternate titles come from O*NET OnLine’s Occupation Information.

Collapse Help

Career video

https://reentry.careeronestop.org/CDN/OccVids/OccupationVideos/43-4041.00.mp4
Transcript:Companies know that extending credit is risky business. Credit authorizers, checkers and clerks work to reduce that risk. Credit clerks assemble the documents and process transactions involved in loan and credit applications. Checkers verify the information on application forms. They may interview applicants to gather personal and financial data. Checkers contact banks, credit bureaus and other sources for facts about an applicant’s earnings, spending, and bill-paying habits. At times, they may need to deal with unpleasant or upset people. Authorizers decide whether to approve or deny the request for a credit account or for a new charge to an existing line of credit. They assess credit histories for accounts that are past due, overextended or in some way invalid. A high school education is generally required for an entry-level position. Helpful qualifications include fluency in another language especially Spanish, strong keyboarding skills, and a solid grasp of business math. Because electronic records and communication are streamlining this field, the field is not growing. But where the work is needed, this is a career where a job done well is certainly a credit to your company.
View transcript
View Help

What does this information tell me?

This career video gives more information about the career you selected.

You can view the complete video script by clicking “View Transcript” above.

This video is one of hundreds of downloadable career videos in CareerOneStop’s Video Library.

What is the source of this information?

These career videos were produced by CareerOneStop (newer videos) or by a national video consortium, which includes many state workforce agencies. Data and information the videos are from the Occupational Outlook Handbook and O*NET OnLine’s Occupation Information.

Collapse Help
How much does it pay?

Hourly wages for Credit Authorizers, Checkers, and Clerks in United States


Wage Chart for Occupation
$18.80 $27.46


Wage Chart legend for lowest 25 percent
  One out of four earn less than $18.80
Wage Chart legend for middle 50 percent
  Half earn between $18.80 and $27.46
Wage Chart legend for highest 25 percent
  One out of four earn more than $27.46


See more wages
View Help

What does this information tell me?

This chart shows you a range of how much most workers in this occupation earn per hour, in the location that you selected.

The lower rate on the left shows what 25 percent of all workers in this field earn less than, and 75 percent earn more than. If you are just starting out, you can assume you might make closer to this amount than the higher amount, although this is not necessarily a “starting wage.” Often workers with more experience and training earn wages at the higher end.

You can learn more about wages for this and other occupations by clicking “See more wages” above.

What is the source of this information?

The wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program, a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

Collapse Help

Will there be jobs?

Image. Employment outlook for this occupation
New job opportunities are less likely in the future.


Find job openings
View Help

What does this information tell me?

Outlook information can tell you whether a career is expected to be in demand in the future—that is, whether there are likely to be job openings if you choose this career. Please note that this does not account for the impacts of the current pandemic. Many occupations are likely to have very different outlooks due to the rapidly changing economy. When new outlook information is developed, it will be reflected here.

Careers can have one of three outlooks:

  • A Bright outlook means new job opportunities are very likely in the future
  • An Average outlook means that a small number of new job opportunities are likely in the future (less than an 8 percent increase)
  • A Below average outlook means new job opportunities are less likely in the future

You can also view local job listings in this field by clicking "Find job openings" above. This can help you see if local businesses are hiring—another way of looking at demand.

What is the source of this information?

This information comes from O*NET Bright Outlook occupations and My Next Move career outlook designations (based on Bureau of Labor Statistics Employment Projections 2022-32). It is only available at a national level, so even if you selected a state, you’ll only see this information for the whole country.

Collapse Help
How much education do you need?

Typical education needed for entry: High school diploma or equivalent
Chart. Percent of workers in this field by education level attained

Find local training
View Help

What does this information tell me?

There are two pieces of information here:

  • The first sentence tells you the typical level of education that you would need to start in this career. You can use this to see if you have, or want to get, the education level usually needed for this career.
  • The chart shows you the range of education levels that people who currently work in this field have. You can use this to see if you fit in this range.

Note that these two may be different since the chart includes ALL people who work in this field and not just those getting started.

For example, sometimes career requirements change. People already in the field may not be required to have the higher level of education that new workers need.

You can search for programs that lead to the education needed for this career in your local area, by clicking “Find local training” above.

What is the source of this information?

These data come from the Bureau of Labor Statistics Employment Projections, Education and training assignments by detailed occupation, 2022; and Educational attainment for workers 25 years and older by detailed occupation, 2018-19.

Collapse Help
What you might do in a day
  • Analyze financial information.
  • Maintain financial or account records.
  • Compile data or documentation.
  • File documents or records.
  • Obtain personal or financial information about customers or applicants.
  • Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
  • Keep records of customers' charges and payments.
  • Compile and analyze credit information gathered by investigation.
  • File sales slips in customers' ledgers for billing purposes.
  • Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested.
View Help

What does this information tell me?

This is a list of typical tasks that people in this career might do on the job.  You can use this list to get an idea of whether this career might be a good fit for you.

Click on “More tasks” to see more detailed examples of activities for this career.

You can also use this list to help you prepare for a job interview. Or, if you’ve already held a job like this, you can copy these tasks to use on your resume.

What is the source of this information?

This information comes from O*NET OnLine's Occupation Information. The first five items on the list are O*NET’s Detailed Work Activities. The second five, shown after you click “More tasks,” are O*NET‘s Tasks.

Collapse Help