Credit adjuster vs adjuster

The differences between credit adjusters and adjusters can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a credit adjuster, becoming an adjuster takes usually requires 2-4 years. Additionally, an adjuster has an average salary of $49,396, which is higher than the $40,686 average annual salary of a credit adjuster.

The top three skills for a credit adjuster include credit card, auto loans and delinquent accounts. The most important skills for an adjuster are customer service, strong customer service, and litigation.

Credit adjuster vs adjuster overview

	Credit Adjuster	Adjuster
Yearly salary	$40,686	$49,396
Hourly rate	$19.56	$23.75
Growth rate	-8%	-6%
Number of jobs	13,826	7,936
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 62%
Average age	46	44
Years of experience	12	4

Credit adjuster vs adjuster salary

Credit adjusters and adjusters have different pay scales, as shown below.

	Credit Adjuster	Adjuster
Average salary	$40,686	$49,396
Salary range	Between $28,000 And $57,000	Between $35,000 And $68,000
Highest paying City	-	Parsippany-Troy Hills, NJ
Highest paying state	-	New Jersey
Best paying company	-	FCCI
Best paying industry	-	Insurance

Differences between credit adjuster and adjuster education

There are a few differences between a credit adjuster and an adjuster in terms of educational background:

	Credit Adjuster	Adjuster
Most common degree	Bachelor's Degree, 45%	Bachelor's Degree, 62%
Most common major	Business	Business
Most common college	-	Stanford University

Credit adjuster vs adjuster demographics

Here are the differences between credit adjusters' and adjusters' demographics:

	Credit Adjuster	Adjuster
Average age	46	44
Gender ratio	Male, 33.8% Female, 66.2%	Male, 56.9% Female, 43.1%
Race ratio	Black or African American, 11.1% Unknown, 4.0% Hispanic or Latino, 18.8% Asian, 3.6% White, 62.0% American Indian and Alaska Native, 0.5%	Black or African American, 12.2% Unknown, 4.4% Hispanic or Latino, 16.3% Asian, 5.1% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	10%

Differences between credit adjuster and adjuster duties and responsibilities

Credit adjuster example responsibilities.

Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
Prepare SBA require purchase/demand packets and wrap-up reports ensuring awareness of government compliance processes and expectations.

Adjuster example responsibilities.

Manage strict confidentiality of documents and comply with HIPAA regulations stipulate by the facility and government.
Review evidence obtain in liability investigations to evaluate a claim for success in recovery through litigation or arbitration.
Document measurements and relevant data to author estimates and appraisals utilizing Xactimate 28software.
Charge with answering and defending policy holders and company interests through independent and binding third-party arbitration proceedings.
Review departmental reports and financial data; prepare reports of findings, negotiating settlement demands or recommending litigation.
Prepare computerize estimates utilizing Xactimate and document all activity associate with the claim in clients web base claims management system.

Credit adjuster vs adjuster skills

Common credit adjuster skills

Credit Card, 16%
Auto Loans, 15%
Delinquent Accounts, 15%
Outbound Calls, 11%
Customer Accounts, 10%
Mortgage Loans, 10%

Common adjuster skills

Customer Service, 19%
Strong Customer Service, 7%
Litigation, 7%
Liability Claims, 6%
Policy Coverage, 6%
Insurance Claims, 4%