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.