How To Become A Credit Clerk: What It Is and Career Path

What is a credit clerk and how to become one

Updated January 8, 2025

4 min read

Credit Clerks manage and oversee their organization's credit and insurance. They do this by maintaining and organizing internal financial databases, accounts, and ledgers, often working with a credit manager to facilitate audits and ensure legal compliance.

You don't need to hold a college degree to be qualified for Credit Clerk positions. However, having a Business, Accounting, Health Care Administration, and Medical Assisting Services diploma makes your resume more appealing to potential employers. Still, experience generally plays a larger role in their hiring decision more than anything else. Many Credit Clerks' prior experience as a Customer Service Representative, Cashier, or Administrative Assistant is a huge plus for potential employers.

A Credit Clerk in the United States earns roughly about an average yearly salary of $33,000. That's more or less $16 an hour. However, top earners can bring in $40,000 on average a year in the right location. Employers in Alaska, Delaware, and New Jersey offer more competitive salaries to their Credit Clerks on average.

ScoreCredit ClerkUS Average

Salary

2.6

Avg. Salary $32,870

Avg. Salary $59,228

Stability level

6.0

Growth rate -5%

Growth rate 0.3%

Diversity

2.7

Race

American Indian and Alaska Native 0.63%

Asian 6.65%

Black or African American 6.94%

Hispanic or Latino 14.72%

Unknown 3.97%

White 67.10%

Gender

female 85.71%

male 14.29%

Age - 53

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 53

Stress level

6.0

Stress level is manageable

7.1 - high

Complexity level

6.4

Complexity level is intermediate

7 - challenging

Work life balance

7.3

Work life balance is good

6.4 - fair

Key steps to become a credit clerk

Explore credit clerk education requirements

Most common credit clerk degrees

Bachelor's

35.9 %

High School Diploma

25.3 %

Associate

22.4 %

Start to develop specific credit clerk skills

Skills	Percentages
Data Entry	12.70%
Customer Service	12.49%
Customer Accounts	5.69%
Credit Card Payments	5.24%
Financial Statements	4.86%

Complete relevant credit clerk training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New credit clerks learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a credit clerk based on U.S. Bureau of Labor Statistics data and data from real credit clerk resumes.

Research credit clerk duties and responsibilities

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Maintain payroll, attendance records, coordinate group travel arrangements and conference calls.
Prepare, check, and maintain various records and payroll reports.
Transfer loans from warehouse to permanent investor reports on the CPI systems.

Prepare your credit clerk resume

When your background is strong enough, you can start writing your credit clerk resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a credit clerk resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable credit clerk resume templates

Build a professional credit clerk resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your credit clerk resume.