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Credit Authorizers, Checkers, and Clerks


Nature of the Work About this section

Credit authorizers, checkers, and clerks review credit history and obtain the information needed to determine the creditworthiness of individuals or businesses applying for credit.

Education and Training About this section

Employers may hire clerks with only a high school diploma, but some prefer workers with an accounting education from a trade school or community college. Most employers provide on-the-job training.

Job Outlook About this section

Current and Projected Employment.

2008 Employment 63,800
2018 Employment 65,600
Employment Change 1,800
Growth Rate 3%

Employment change. Slower than average growth is expected. 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.

Job prospects. Prospects should be good. Openings will arise from the need to replace workers who leave the occupation for various reasons, such as advancement to another position.

Earnings About this section

Median annual wages for credit authorizers, checkers, and clerks were $30,390 in May 2008.


Bill and account collectors; Loan interviewers and clerks; Loan officers.

Sources of Additional Information About this section


Disclaimer:

Links to non-BLS Internet sites are provided for your convenience and do not constitute an endorsement.

State employment offices can provide information about job openings for credit authorizers, checkers, and clerks.

O*NET-SOC Code Coverage About this section

Get more information from O*NET—the Occupational Information Network:

O*NET provides comprehensive information on key characteristics of workers and occupations. For information on a specific occupation, select the appropriate link below. For more information on O*NET, visit their homepage.


Suggested citation: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2010-11 Edition, Credit Authorizers, Checkers, and Clerks, on the Internet at http://www.bls.gov/oco/ocos129.htm (visited February 10, 2012).

 

Last Modified Date: December 17, 2009