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Credit processor education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become a credit processor. Credit processors usually study business, accounting, or health care administration. 41% of credit processors hold a bachelor's degree, and 24% hold an associate degree. We analyzed 895 real credit processor resumes to see exactly what credit processor education sections show.
The most common colleges for credit processors are the University of Phoenix and the University of Phoenix.
There are also many online credit processor courses to help get the education required to be a credit processor.
What education do you need to become a credit processor?
What degree do you need to be a credit processor?
- Bachelor's, 41%
- Associate, 24%
- High School Diploma, 21%
- Diploma, 6%
- Other Degrees, 8%
What should I major in to become a credit processor?
- Business, 32%
- Accounting, 15%
- Finance, 4%
- Other Majors, 44%
Most common colleges for credit processors
| Credit processor common college | Percentages |
|---|---|
| University of Phoenix | 12.31% |
| Middle Tennessee State University | 9.23% |
| Florida State University | 6.15% |
| Ohio State University | 6.15% |
| Western Washington University | 6.15% |
Best majors for credit processors
| Rank | Major | Percentages |
|---|---|---|
| 1 | Business | 32.4% |
| 2 | Accounting | 15.0% |
| 3 | Health Care Administration | 5.0% |
| 4 | Finance | 4.4% |
| 5 | General Studies | 3.7% |
Best colleges for credit processors
The best colleges for credit processors are Northwestern University, University of Pennsylvania, and Boston University.
A credit processor 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 processors. 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 processors.
1. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
2. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
3. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
4. SUNY at Binghamton
Vestal, NY • Private
In-state tuition
$9,808
Enrollment
13,990
5. Villanova University
Villanova, PA • Private
In-state tuition
$53,308
Enrollment
6,819
6. San Diego State University
San Diego, CA • Private
In-state tuition
$7,488
Enrollment
30,018
7. Bentley University
Waltham, MA • Private
In-state tuition
$49,880
Enrollment
4,177
8. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Enrollment
9,394
9. Boston University
Boston, MA • Private
In-state tuition
$53,948
Enrollment
17,238
10. SUNY Stony Brook
Stony Brook, NY • Private
In-state tuition
$9,625
Enrollment
17,407
20 best online courses for credit processors
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Top 10 most affordable universities for credit processors
The most affordable schools for credit processors are SUNY Farmingdale, baruch college of the city university of new york, and brooklyn college of the city university of new york.
If the best universities for credit processors 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 processors.
1. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Cost of attendance
16,091
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. Brooklyn College of the City University of New York
Brooklyn, NY • Private
In-state tuition
$7,240
Cost of attendance
13,991
4. California State University - Dominguez Hills
Carson, CA • Private
In-state tuition
$6,942
Cost of attendance
14,469
5. USF Sarasota-Manatee
Sarasota, FL • Private
In-state tuition
$5,587
Cost of attendance
13,043
6. Brigham Young University
Provo, UT • Private
In-state tuition
$5,620
Cost of attendance
18,136
7. SUNY Polytechnic Institute
Utica, NY • Private
In-state tuition
$8,238
Cost of attendance
21,567
8. Minot State University
Minot, ND • Private
In-state tuition
$7,064
Cost of attendance
15,576
9. Florida International University
Miami, FL • Private
In-state tuition
$6,556
Cost of attendance
19,434
10. Clayton State University
Morrow, GA • Private
In-state tuition
$5,419
Cost of attendance
17,697
Top 10 hardest universities to get into for credit processors
The hardest universities for credit processors to get into are Northwestern University, University of Pennsylvania, and Boston University.
Some great schools for credit processors 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 processors 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. Boston University
Boston, MA • Private
Admissions rate
22%
SAT average
1,420
4. New York University
New York, NY • Private
Admissions rate
20%
SAT average
1,419
5. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
6. Villanova University
Villanova, PA • Private
Admissions rate
29%
SAT average
1,407
7. Stanford University
Stanford, CA • Private
Admissions rate
4%
SAT average
1,497
8. Bentley University
Waltham, MA • Private
Admissions rate
43%
SAT average
1,338
9. SUNY at Binghamton
Vestal, NY • Private
Admissions rate
40%
SAT average
1,376
10. George Washington University, The
Washington, DC • Private
Admissions rate
42%
SAT average
1,380
Top 10 easy-to-apply-to universities for credit processors
The easiest schools for credit processors to get into are Notre Dame de Namur University, oklahoma wesleyan university, and holy names university.
Some schools are much easier to get into. If you want to start your career as a credit processor 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 processors.
1. Notre Dame de Namur University
Belmont, CA • Private
Admissions rate
82%
SAT average
983
2. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
3. Holy Names University
Oakland, CA • Private
Admissions rate
70%
SAT average
849
4. D'Youville College
Buffalo, NY • Private
Admissions rate
100%
SAT average
1,072
5. Notre Dame College
Cleveland, OH • Private
Admissions rate
90%
SAT average
994
6. Nyack College
New York, NY • Private
Admissions rate
98%
SAT average
999
7. Gwynedd Mercy University
Gwynedd Valley, PA • Private
Admissions rate
92%
SAT average
1,031
8. University of North Texas at Dallas
Dallas, TX • Private
Admissions rate
83%
SAT average
992
9. Manor College
Jenkintown, PA • Private
Admissions rate
94%
SAT average
898
10. Curry College
Milton, MA • Private
Admissions rate
93%
SAT average
1,026
Average credit processor salary by education level
| Credit processor education level | Credit processor salary |
|---|---|
| High School Diploma or Less | $32,321 |
| Bachelor's Degree | $35,809 |
| Some College/ Associate Degree | $32,218 |
Credit processor education FAQs
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Updated January 8, 2025
Updated January 8, 2025