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What is a credit negotiator and how to become one

Updated January 8, 2025
2 min read
ScoreCredit NegotiatorUS Average
Salary
10.0

Avg. Salary $207,848

Avg. Salary $59,228

Diversity
5.7
Race

American Indian and Alaska Native 0.27%

Asian 8.62%

Black or African American 8.40%

Hispanic or Latino 9.95%

Unknown 2.70%

White 70.05%

Gender

female 59.46%

male 40.54%

Age - 38
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 - 38
Stress level
6.0

Stress level is manageable

7.1 - high

Complexity level
8.0

Complexity level is challenging

7 - challenging

Work life balance
6.4

Work life balance is fair

6.4 - fair

Credit negotiator career paths

Key steps to become a credit negotiator

  1. Explore credit negotiator education requirements

    Most common credit negotiator degrees

    Bachelor's

    50.9 %

    Associate

    15.8 %

    High School Diploma

    15.8 %
  2. Start to develop specific credit negotiator skills

    SkillsPercentages
    Outbound Calls29.43%
    Consumer Debt19.37%
    Collection Agencies10.92%
    Computer System10.56%
    POA9.79%
  3. Complete relevant credit negotiator training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New credit negotiators 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 negotiator based on U.S. Bureau of Labor Statistics data and data from real credit negotiator resumes.
  4. Research credit negotiator duties and responsibilities

    • Manage accounting operations, accounting close, account reporting and reconciliations.
    • Represent company in arbitration settlement negotiations that result in an agreement to obtain governmental approval for the sale of the business.
    • Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.
  5. Prepare your credit negotiator resume

    When your background is strong enough, you can start writing your credit negotiator 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 negotiator 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 negotiator resume templates

    Build a professional credit negotiator 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 negotiator resume.
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
    Credit Negotiator Resume
  6. Apply for credit negotiator jobs

    Now it's time to start searching for a credit negotiator job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first credit negotiator job

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Average credit negotiator salary

The average credit negotiator salary in the United States is $207,848 per year or $100 per hour. Credit negotiator salaries range between $100,000 and $431,000 per year.

Average credit negotiator salary
$207,848 Yearly
$99.93 hourly

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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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