All About Credit Authorizers

Position Description Authorize credit charges against customers’ accounts.

List of Credit Authorizer Job Duties

• Receive charge slips or credit applications by mail, or receive information from salespeople or merchants by telephone.
• File sales slips in customers’ ledgers for billing purposes.
• Prepare credit cards or charge account plates.
• Keep records of customers’ charges and payments.
• Evaluate customers’ computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.
• Mail charge statements to customers.

Credit Authorizer Needed Skills

Below is a list of the skills most Credit Authorizers say are important on the job.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Speaking: Talking to others to convey information effectively.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Writing: Communicating effectively in writing as appropriate for the needs of the audience.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.

Related Job Titles for this Occupation:

• Collections Manager
• Credit Review Officer
• Commercial Credit Officer
• Authorizer
• Controller

Job Demand for Credit Authorizers

In 2016, there was an estimated number of 38,500 jobs in the United States for Credit Authorizer. There is little to no growth in job opportunities for Credit Authorizer. Due to new job openings and attrition, there will be an average of 3,700 job openings in this field each year.

The states with the most job growth for Credit Authorizer are Utah, Florida, and Washington. Watch out if you plan on working in West Virginia, New Mexico, or Pennsylvania. These states have the worst job growth for this type of profession.

What is the Average Salary of a Credit Authorizer

The salary for Credit Authorizers ranges between about $26,540 and $59,270 a year.

Credit Authorizers who work in Minnesota, New York, or Massachusetts, make the highest salaries.

How much do Credit Authorizers make in different U.S. states?

What Tools do Credit Authorizers Use?

Although they’re not necessarily needed for all jobs, the following technologies are used by many Credit Authorizers:

• Microsoft Excel
• Microsoft Word
• Microsoft Office
• Microsoft PowerPoint
• Microsoft Outlook
• Data entry software
• Microsoft Internet Explorer
• Financial accounting software

How do I Become a Credit Authorizer?

What education is needed to be a Credit Authorizer?

What work experience do I need to become a Credit Authorizer?

References:

• Bureau of Labor Statistics
• College Factual
• O*NET Online

Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic

More about our data sources and methodologies.