Credit assistant vs escrow representative

The differences between credit assistants and escrow representatives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a credit assistant and an escrow representative. Additionally, an escrow representative has an average salary of $52,342, which is higher than the $33,741 average annual salary of a credit assistant.

The top three skills for a credit assistant include data entry, financial statements and customer service. The most important skills for an escrow representative are customer service, property taxes, and RESPA.

Credit assistant vs escrow representative overview

	Credit Assistant	Escrow Representative
Yearly salary	$33,741	$52,342
Hourly rate	$16.22	$25.16
Growth rate	-5%	4%
Number of jobs	5,294	1,624
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 58%
Average age	39	39
Years of experience	2	2

Credit assistant vs escrow representative salary

Credit assistants and escrow representatives have different pay scales, as shown below.

	Credit Assistant	Escrow Representative
Average salary	$33,741	$52,342
Salary range	Between $26,000 And $43,000	Between $39,000 And $70,000
Highest paying City	San Francisco, CA	-
Highest paying state	California	-
Best paying company	Carter Lumber	-
Best paying industry	Finance	-

Differences between credit assistant and escrow representative education

There are a few differences between a credit assistant and an escrow representative in terms of educational background:

	Credit Assistant	Escrow Representative
Most common degree	Bachelor's Degree, 50%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit assistant vs escrow representative demographics

Here are the differences between credit assistants' and escrow representatives' demographics:

	Credit Assistant	Escrow Representative
Average age	39	39
Gender ratio	Male, 20.4% Female, 79.6%	Male, 31.9% Female, 68.1%
Race ratio	Black or African American, 7.9% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.7% American Indian and Alaska Native, 0.3%	Black or African American, 6.5% Unknown, 2.8% Hispanic or Latino, 10.6% Asian, 10.7% White, 69.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit assistant and escrow representative duties and responsibilities

Credit assistant example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations.
Research applicants and corporations utilizing OFAC, LEXIS/NEXIS, and FastData.
Pull customer's personal credit report and analyze (via Equifax).
Co-Organize department meetings and orchestrate / create all PowerPoint presentations.
Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
Monitor Dunn and Bradstreet ratings.

Escrow representative example responsibilities.

Conduct in-services on managing patients with chemotherapy-induce anemia to nursing staff at inpatient and outpatient facilities, providing treatment algorithms.
Train to immediately recognize various commercial and government plans and redirect patients, as necessary, to correct medical facility.
Manage escrow department for title insurance company.

Credit assistant vs escrow representative skills

Common credit assistant skills

Data Entry, 10%
Financial Statements, 9%
Customer Service, 8%
Credit Card Payments, 6%
Past Due Accounts, 6%
Credit Applications, 5%

Common escrow representative skills

Customer Service, 30%
Property Taxes, 12%
RESPA, 11%
Residential Loans, 11%
FHA, 10%
Account Numbers, 6%

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Business and Financial Industry
Credit Assistant
Credit Assistant vs Escrow Representative

Updated January 8, 2025

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