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Career Details

Career Details

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43-4041.00 - Credit Authorizers, Checkers, and Clerks


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.


Key Facts
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Bright Outlook
Career Details
Green Job
Career Details
Current Employment
46,100
Estimate
Forecasted Employment
43,300
Estimate
Change in Employment
-2,800
Estimate
Change in Employment %
-6.2%
Estimate
Tasks
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Tasks
The tasks listed below can be performed to prepare you for a career in this field.
Core
  • Keep records of customers' charges and payments.
  • Compile and analyze credit information gathered by investigation.
  • 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.
Generic
  • Call customers to collect payment on delinquent accounts.
  • Consult with customers to resolve complaints or verify financial or credit transactions.
  • Contact former employers and other acquaintances to verify applicants' references, employment, health history, or social behavior.
  • Prepare reports of findings and recommendations.
  • Review individual or commercial customer files to identify and select delinquent accounts for collection.
Supplemental
  • Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
  • 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.
  • Examine city directories and public records to verify residence property ownership, bankruptcies, liens, arrest record, or unpaid taxes of applicants.
  • Relay credit report information to subscribers by mail or by telephone.
  • Prepare credit cards or charge account plates.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Knowledge
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Knowledge

The items listed below are organized into sections that contain knowledge useful for pursuing a career in this field. Each section also contains a "Percentage of Importance" statistic that shows how relevant an item is to the occupation.
 Customer and Personal Service
  • 81%
    Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
 English Language
  • 73%
    Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
 Mathematics
  • 72%
    Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
 Law and Government
  • 67%
    Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
 Clerical
  • 67%
    Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
 Economics and Accounting
  • 67%
    Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
 Computers and Electronics
  • 64%
    Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
 Administration and Management
  • 63%
    Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
 Sales and Marketing
  • 54%
    Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Tools
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Tools
The tools listed below include machines, equipment, tools, and software that is useful for individuals who are interested in this career.
 Personal communication devices
  • Multiline telephone systems
 Computers
  • Personal computers
 Computer data input devices
  • Credit card processing machines
  • Computer data input scanners
 Computer printers
  • Computer laser printers
 Duplicating machines
  • Copy machines
  • Laser facsimile machines
 Calculating machines and accessories
  • Printing calculators
 Typing machines and accessories
  • Electric typewriters
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Technology
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Technology
The technologies listed below include machines, equipment, tools, and software that is useful for individuals who are interested in this career.
 Business function specific software
  • Microsoft OfficeHOT
 Finance accounting and enterprise resource planning ERP software
  • Financial accounting software
  • SAPHOT
  • Equifax software
  • Experian software
 Content authoring and editing software
  • Microsoft WordHOT
  • Microsoft PowerPointHOT
  • Microsoft ExcelHOT
  • Spreadsheet programs
 Data management and query software
  • Data entry softwareHOT
  • Microsoft AccessHOT
 Network applications software
  • Microsoft Internet Explorer
  • Web browser software
 Information exchange software
  • Email software
  • Microsoft OutlookHOT
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Certifications
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Certifications
The certifications listed below are useful to pursue if you are interested in a career in this field.
 Specialty
 Advanced
 Core
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Licensing
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Licensing
The licensing information below is organized into sections and is useful for pursuing if you are interested in a career in this field.
No specific licensing information is listed for this occupation in the area you have selected.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Related Programs
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Programs related to this career, offered by participating institution(s), are listed below.

Clicking on the Degree programs in the list below will take you away from the Careers page.
INSTITUTION
PROGRAMS
Peirce College
 Programs
Jobs
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Jobs related to this career may be found on Indeed.com or on the Google Job Search page.