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What is a credit reporter and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being a credit reporter. For example, did you know that they make an average of $20.88 an hour? That's $43,430 a year! Between 2018 and 2028, the career is expected to grow -3% and produce -38,500 job opportunities across the U.S.
ScoreCredit ReporterUS Average
Salary
3.4

Avg. Salary $43,430

Avg. Salary $59,228

Stability level
9.9

Growth rate -3%

Growth rate 0.3%

Diversity
5.6
Race

American Indian and Alaska Native 0.52%

Asian 3.92%

Black or African American 11.40%

Hispanic or Latino 17.17%

Unknown 3.70%

White 63.30%

Gender

female 79.61%

male 20.39%

Age - 42.5
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 - 42.5
Stress level
9.9

Stress level is very high

7.1 - high

Complexity level
9.1

Complexity level is advanced

7 - challenging

Work life balance
4.8

Work life balance is fair

6.4 - fair

Key steps to become a credit reporter

  1. Explore credit reporter education requirements

    Most common credit reporter degrees

    Bachelor's

    36.7 %

    Associate

    28.6 %

    High School Diploma

    20.4 %
  2. Start to develop specific credit reporter skills

    SkillsPercentages
    Credit Bureaus31.17%
    Business Credit Reports30.46%
    Customer Service16.05%
    Credit History15.93%
    Outbound Calls6.39%
  3. Complete relevant credit reporter training and internships

    Accountants spend an average of 3-6 months on post-employment, on-the-job training. New credit reporters 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 reporter based on U.S. Bureau of Labor Statistics data and data from real credit reporter resumes.
  4. Research credit reporter duties and responsibilities

    • Manage accounting operations, accounting close, account reporting and reconciliations.
    • 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.
  5. Apply for credit reporter jobs

    Now it's time to start searching for a credit reporter 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 reporter job

Zippi

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Average credit reporter salary

The average credit reporter salary in the United States is $43,430 per year or $21 per hour. Credit reporter salaries range between $28,000 and $65,000 per year.

Average credit reporter salary
$43,430 Yearly
$20.88 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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