Credit investigator vs investigator

The differences between credit investigators and investigators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 3-6 months to become a credit investigator, becoming an investigator takes usually requires 4-6 years. Additionally, an investigator has an average salary of $71,406, which is higher than the $34,703 average annual salary of a credit investigator.

The top three skills for a credit investigator include financial statements, loan applications and credit bureau reports. The most important skills for an investigator are law enforcement agencies, management system, and customer service.

Credit investigator vs investigator overview

	Credit Investigator	Investigator
Yearly salary	$34,703	$71,406
Hourly rate	$16.68	$34.33
Growth rate	-3%	6%
Number of jobs	9,442	5,085
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 57%	Bachelor's Degree, 62%
Average age	44	44
Years of experience	6	6

What does a credit investigator do?

A credit investigator investigates credit or loan applications to determine if applicants can uphold financial obligations, thus helping companies decide which applications to approve. They gather and evaluate documents, conduct research and analyses, study financial histories and credit reports, and calculate loan-to-income ratios. Most credit investigators work at banking institutions, lending firms, or similar establishments. In some companies, a credit investigator may also have the responsibility of running background checks on potential employees.

What does an investigator do?

Criminal investigators play an essential role in criminal justice and law enforcement. Their job entails solving open cases that may take them weeks or even months to accomplish. Collecting evidence, interviewing witnesses, and arresting suspects are among their many tasks. They work at every level of criminal justice and law enforcement. For criminal investigators to succeed in their profession, they should have sound judgment, strong communication skills, ethical standards, physical fitness, and empathy. They also benefit from strong job prospects, in addition to an exciting and rewarding job.

Credit investigator vs investigator salary

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

	Credit Investigator	Investigator
Average salary	$34,703	$71,406
Salary range	Between $27,000 And $43,000	Between $42,000 And $119,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	Apple
Best paying industry	-	-

Differences between credit investigator and investigator education

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

	Credit Investigator	Investigator
Most common degree	Bachelor's Degree, 57%	Bachelor's Degree, 62%
Most common major	Business	Criminal Justice
Most common college	Stanford University	California State University - Bakersfield

Credit investigator vs investigator demographics

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

	Credit Investigator	Investigator
Average age	44	44
Gender ratio	Male, 28.5% Female, 71.5%	Male, 56.6% Female, 43.4%
Race ratio	Black or African American, 10.5% Unknown, 3.9% Hispanic or Latino, 17.1% Asian, 3.9% White, 64.0% American Indian and Alaska Native, 0.6%	Black or African American, 13.5% Unknown, 5.8% Hispanic or Latino, 19.2% Asian, 4.7% White, 56.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	9%	8%

Differences between credit investigator and investigator duties and responsibilities

Credit investigator example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations.
Utilize credit reports such as Experian, Transunion Equitifax.
Work on A/R and billing for a manufacturing company specializing in premium orthopedic, reconstructive and postoperative products.
Provide direct service with customers to process loan modifications, typically under SBA regulations.

Investigator example responsibilities.

Participate in and lead the controlled purchase of illegal narcotics and firearms to apprehend suspects.
Manage all business reporting to include; payroll, taxes, client billing, account reconciliations and compliance reports.
Manage corporate-wide document production relative to complex litigation cases.
Receive multiple letters of commendation for effective investigations that lead to successful prosecutions.
Collaborate with federal agencies, including the FBI, DEA, ATF and IRS.
Write a detail case report, and attach all supporting documentation necessary to write up SAR's where necessary per BSA.

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Credit investigator vs investigator skills

Common credit investigator skills

Financial Statements, 15%
Loan Applications, 10%
Credit Bureau Reports, 7%
Credit Applications, 7%
Credit Investigations, 6%
Credit Worthiness, 5%

Common investigator skills

Law Enforcement Agencies, 7%
Management System, 6%
Customer Service, 5%
Criminal Justice, 5%
Senior Level Management, 4%
Child Abuse, 4%

Credit Investigator vs. similar jobs

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Updated January 8, 2025

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