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Credit compliance officer education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a credit compliance officer. Credit compliance officers usually study finance, business, or accounting. 61% of credit compliance officers hold a bachelor's degree, and 14% hold an associate degree. We analyzed 65 real credit compliance officer resumes to see exactly what credit compliance officer education sections show.

The most common colleges for credit compliance officers are the University of Phoenix and the University of Phoenix.

There are also many online credit compliance officer courses to help get the education required to be a credit compliance officer.

What education do you need to become a credit compliance officer?

What degree do you need to be a credit compliance officer?

The most common degree for credit compliance officers is bachelor's degree, with 61% of credit compliance officers earning that degree. The second and third most common degree levels are associate degree degree at 14% and associate degree degree at 11%.
  • Bachelor's, 61%
  • Associate, 14%
  • Master's, 11%
  • Doctorate, 7%
  • Other Degrees, 7%

What should I major in to become a credit compliance officer?

You should major in finance to become a credit compliance officer. 27% of credit compliance officers major in finance. Other common majors for a credit compliance officer include business and accounting.

Most common colleges for credit compliance officers

Credit compliance officers often get their degrees at University of Phoenix, Syracuse University, and University of Connecticut. Here are the most common colleges for credit compliance officers in the US based on their resumes.
Credit compliance officer common collegePercentages
University of Phoenix9.52%
Syracuse University4.76%
University of Connecticut4.76%
University of Florida4.76%
George Washington University, The4.76%

Best majors for credit compliance officers

RankMajorPercentages
1Finance26.9%
2Business26.9%
3Accounting9.6%
4Law5.8%
5Communication3.8%

Best colleges for credit compliance officers

The best colleges for credit compliance officers are Northwestern University, University of Pennsylvania, and Harvard University.

A credit compliance officer with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for credit compliance officers. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become credit compliance officers.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

3. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

4. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-state tuition

$15,262

Enrollment

30,079

5. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-state tuition

$8,987

Enrollment

18,946

6. Washington University in St Louis

Saint Louis, MO • Private

In-state tuition

$53,399

Enrollment

7,356

7. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

8. University of Washington

Seattle, WA • Private

In-state tuition

$11,207

Enrollment

30,905

9. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

10. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

20 best online courses for credit compliance officers

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1. Regulatory Compliance

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3. Intro to Commercial Credit Analysis, Credit Risk and Lending

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5. What is Compliance?

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Compliance isn’t only about preventing problems and ensuring that everyone is abiding by laws, rules, and regulations. It’s also about the positive impact a robust and ethical compliance program can have on a business or organization. In this course we will discuss why compliance is important – from the needs facing businesses in highly regulated industries to avoiding fines and penalties to preventing reputational and economic nightmares. We’ll examine real-world examples of compliance and...

6. Credit Repair: The Total Guide to a Great Credit Score

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8. Introduction to Compliance Risk Management CRM

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10. 3-in-1 Banking, Banking Risk and Compliance Masterclass

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11. Option Spreads and Credit Spreads Bundle

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12. Cryptocurrency Financial Crime Compliance Bootcamp

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Blockchain/Crypto Financial Crime Money Laundering Terrorist Financing AML & CTF Regulation Compliance Tools...

13. Financial Accounting-Debits & Credits-Accounting Transaction

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Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

14. Compliance Training for Employees

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Compliance: a simple, comprehensive and effective way to protect your company!...

15. Credit Risk Modeling in Python

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A complete data science case study: preprocessing, modeling, model validation and maintenance in Python...

16. Foreign Corrupt Practices Act (FCPA) Compliance

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17. Step-by-Step Guide to Getting the Business Credit You Need

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18. Credit Card Security Basics

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This brief course is designed to meet the PCI DSS requirements of frontline staff who handle payment cards...

19. Get Credit for Your EIN That's Not Linked to Your SSN

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How to Get Credit for Your Business Regardless of Cash Flow, Consumer Credit Quality, or Collateral...

20. Financial Accounting: The Complete Introductory Crash Course

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Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

Top 10 most affordable universities for credit compliance officers

The most affordable schools for credit compliance officers are University of Florida, baruch college of the city university of new york, and california state university - long beach.

If the best universities for credit compliance officers are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for credit compliance officers.

1. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

2. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

3. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

4. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

5. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

6. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

7. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

8. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-state tuition

$8,987

Cost of attendance

25,527

9. California State University - Los Angeles

Los Angeles, CA • Private

In-state tuition

$6,749

Cost of attendance

14,823

10. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

Top 10 hardest universities to get into for credit compliance officers

The hardest universities for credit compliance officers to get into are Northwestern University, University of Pennsylvania, and Harvard University.

Some great schools for credit compliance officers are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for credit compliance officers based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

3. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

4. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

5. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

6. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

7. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

8. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

9. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

10. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

Top 10 easy-to-apply-to universities for credit compliance officers

The easiest schools for credit compliance officers to get into are Barry University, university of the incarnate word, and university of north texas at dallas.

Some schools are much easier to get into. If you want to start your career as a credit compliance officer without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for credit compliance officers.

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

3. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

4. University of Baltimore

Baltimore, MD • Private

Admissions rate

78%

SAT average

1,020

5. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

6. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

7. Curry College

Milton, MA • Private

Admissions rate

93%

SAT average

1,026

8. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

9. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

10. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

Average credit compliance officer salary by education level

According to our data, credit compliance officers with a Doctorate degree earn the highest average salary, at $183,219 annually. Credit compliance officers with a Master's degree earn an average annual salary of $163,462.
Credit compliance officer education levelCredit compliance officer salary
Master's Degree$163,462
High School Diploma or Less$120,878
Bachelor's Degree$147,129
Doctorate Degree$183,219
Some College/ Associate Degree$127,883

Credit compliance officer education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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