Credit Authorizers, Checkers, and Clerks

General Information

Description

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.

Job Outlook

Employment of financial clerks is projected to show little or no change from 2019 to 2029. The availability of online tools, which allow financial customers to perform many tasks themselves, is expected to reduce demand for occupations such as new accounts clerks, procurement clerks, and credit authorizers, checkers, and clerks. Similarly, productivity-enhancing technology is expected to reduce demand for other clerks, such as payroll and timekeeping clerks and insurance claims and policy processing clerks. Billing and posting clerks and loan interviewers and clerks do tasks that are less susceptible to automation, namely contacting and interviewing applicants and customers to gather information. Therefore, these clerks are expected to see employment growth in line with the healthcare, banking, and insurance industries, respectively.

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Salary

Average Salary

Salary

$40,100

State-by-state Salary

Gray states indicate no data available

$49,120
$19,490
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Education

Related College Majors

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Knowledge

  • Customer and Personal Service
  • Clerical
  • English Language
  • Economics and Accounting
  • Mathematics
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