1. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
What is a Credit Reporter?
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 5% and produce 72,100 job opportunities across the U.S.
What Does a Credit Reporter Do
There are certain skills that many credit reporters have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, organizational skills and math skills.
How To Become a Credit Reporter
If you're interested in becoming a credit reporter, one of the first things to consider is how much education you need. We've determined that 36.7% of credit reporters have a bachelor's degree. In terms of higher education levels, we found that 4.1% of credit reporters have master's degrees. Even though some credit reporters have a college degree, it's possible to become one with only a high school degree or GED.
Average Salary for a Credit Reporter
Credit Reporters in America make an average salary of $43,430 per year or $21 per hour. The top 10 percent makes over $65,000 per year, while the bottom 10 percent under $28,000 per year.
Average Credit Reporter Salary
$43,430Â Yearly$20.88 hourly
What Am I Worth?
Roles and Types of Credit Reporter
There are several types of credit reporter, including:
Reporter
Role:
It is the reporter's responsibility to put across honest and trustworthy information to the public viewers or listeners as the case may be through different means like print and media. As a reporter, you must make certain that you gather essential and veritable data that is validated by interviews and remarks of those concerned and provides succinct and extensively illuminating materials within a designated time.
You must also effectively collaborate with every worker, remain proficient at all times, and obey the policies and regulations laid by the organization or network. You are also required to modify and review press releases and presentations and check many copies.
As a reporter, you must have good communication, research, problem-solving, and creative skills. You should also possess great attention to detail and digital literacy. Asides from this, you must have a bachelor's degree, although a master's degree can be used as an alternative. A reporter in the United States earns an average yearly salary of $41,720 or $20.06 per hour.
You must also effectively collaborate with every worker, remain proficient at all times, and obey the policies and regulations laid by the organization or network. You are also required to modify and review press releases and presentations and check many copies.
As a reporter, you must have good communication, research, problem-solving, and creative skills. You should also possess great attention to detail and digital literacy. Asides from this, you must have a bachelor's degree, although a master's degree can be used as an alternative. A reporter in the United States earns an average yearly salary of $41,720 or $20.06 per hour.
- Average Salary: $46,667
- Degree: Bachelor's Degree
Credit Investigator
Role:
When you apply for credit, your application goes through a credit investigator who is responsible for evaluating your credit standing. Their primary responsibilities are to investigate the credit history and standing of businesses and individuals and obtain financial data relevant to their investigation. These duties help them determine the applicant's creditworthiness and recommend an appropriate action, which can either be a denial or approval.
Moreover, credit investigators may also be responsible for notifying clients of the result of their applications. However, some only recommend an action to the lender or bank so that they can make a final decision.
Higher education is not a strict requirement for this role, but it can serve as a great advantage, especially degrees in business, accounting, or finance. Employers may not also require related work experience but do prefer applicants to have a certain level of experience, ideally in a job with similar tasks.
Credit investigators typically work in offices during regular business hours. They make $17 an hour or $35,000 per year, on average, and can find plenty of opportunities in banks, insurance companies, lenders, and other financial institutions.
Moreover, credit investigators may also be responsible for notifying clients of the result of their applications. However, some only recommend an action to the lender or bank so that they can make a final decision.
Higher education is not a strict requirement for this role, but it can serve as a great advantage, especially degrees in business, accounting, or finance. Employers may not also require related work experience but do prefer applicants to have a certain level of experience, ideally in a job with similar tasks.
Credit investigators typically work in offices during regular business hours. They make $17 an hour or $35,000 per year, on average, and can find plenty of opportunities in banks, insurance companies, lenders, and other financial institutions.
- Average Salary: $34,703
- Degree: Bachelor's Degree
States With The Most Credit Reporter Jobs
Number Of Credit Reporter Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 281 | $53,163 |
| 2 | Texas | 241 | $42,298 |
| 3 | New York | 238 | $44,363 |
| 4 | Illinois | 121 | $33,066 |
| 5 | Florida | 116 | $44,815 |
| 6 | Pennsylvania | 95 | $48,093 |
| 7 | Ohio | 95 | $32,520 |
| 8 | North Carolina | 90 | $37,357 |
| 9 | New Jersey | 75 | $45,419 |
| 10 | Wisconsin | 74 | $36,834 |
| 11 | Missouri | 74 | $29,152 |
| 12 | Massachusetts | 73 | $37,168 |
| 13 | Minnesota | 65 | $33,521 |
| 14 | Georgia | 61 | $35,907 |
| 15 | Virginia | 52 | $47,379 |
| 16 | Michigan | 51 | $37,906 |
| 17 | Iowa | 50 | $32,088 |
| 18 | Colorado | 50 | $29,705 |
| 19 | Washington | 48 | $36,610 |
| 20 | Arizona | 47 | $50,315 |
| 21 | Maryland | 46 | $44,923 |
| 22 | Indiana | 46 | $36,338 |
| 23 | Oregon | 34 | $36,760 |
| 24 | Utah | 33 | $36,776 |
| 25 | South Carolina | 28 | $34,162 |
| 26 | Alabama | 27 | $38,671 |
| 27 | Louisiana | 25 | $40,572 |
| 28 | Nebraska | 25 | $29,049 |
| 29 | Tennessee | 24 | $34,850 |
| 30 | Kansas | 22 | $32,282 |
| 31 | Montana | 17 | $32,299 |
| 32 | Rhode Island | 16 | $39,682 |
| 33 | Idaho | 16 | $36,315 |
| 34 | Connecticut | 16 | $42,274 |
| 35 | Oklahoma | 15 | $31,342 |
| 36 | Delaware | 14 | $46,919 |
| 37 | North Dakota | 14 | $35,820 |
| 38 | Mississippi | 14 | $39,550 |
| 39 | Arkansas | 14 | $35,496 |
| 40 | Nevada | 13 | $41,363 |
| 41 | Kentucky | 13 | $29,924 |
| 42 | New Mexico | 10 | $41,095 |
| 43 | Alaska | 10 | $35,936 |
| 44 | South Dakota | 10 | $32,014 |
| 45 | Maine | 9 | $36,202 |
| 46 | Hawaii | 8 | $44,015 |
| 47 | Wyoming | 7 | $32,879 |
| 48 | West Virginia | 7 | $33,522 |
| 49 | New Hampshire | 6 | $34,883 |
| 50 | Vermont | 3 | $33,207 |
Top Colleges for Credit Reporters
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
Top Skills For a Credit Reporter
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 31.2% of credit reporters listed credit bureaus on their resume, but soft skills such as communication skills and organizational skills are important as well.
Credit Reporter Demographics
Credit Reporter Gender Distribution
Female
80%
Male
20%
After extensive research and analysis, Zippia's data science team found that:
- Among credit reporters, 79.6% of them are women, while 20.4% are men.
- The most common race/ethnicity among credit reporters is White, which makes up 63.3% of all credit reporters.
- The most common foreign language among credit reporters is Spanish at 50.0%.
Online Courses For Credit Reporter That You May Like
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1. Predicting Credit Card Fraud with R
Welcome to Predicting Credit Card Fraud with R. In this project-based course, you will learn how to use R to identify fraudulent credit card transactions with a variety of classification methods and use R to generate synthetic samples to address the common problem of classification bias for highly imbalanced datasets—the class of interest (fraud) represents less than 1% of the observations. Class imbalance can make it difficult to detect the effect independent variables have on fraud,...
See More on Coursera2. Term-Structure and Credit Derivatives
This course will focus on capturing the evolution of interest rates and providing deep insight into credit derivatives. In the first module we discuss the term structure lattice models and cash account, and then analyze fixed income derivatives, such as Options, Futures, Caplets and Floorlets, Swaps and Swaptions. In the second module, we will examine model calibration in the context of fixed income securities and extend it to other asset classes and instruments. Learners will operate model...
See More on Coursera3. Credit Repair: The 2022 Total Guide to a Great Credit Score
Credit Repair: A step-by-step 2022 plan to begin improving your credit within one hour of starting! Over 6,800 students!...
See More on UdemyJob type you want
Full Time
Part Time
Internship
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How Do Credit Reporter Rate Their Jobs?
Top Credit Reporter Employers
Most Common Employers For Credit Reporter
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | Equifax | $68,069 | $32.73 | 6 |
| 2 | KeyBank | $59,268 | $28.49 | 1 |
| 3 | Capital One | $58,332 | $28.04 | 3 |
| 4 | Bank of America | $56,427 | $27.13 | 1 |
| 5 | Wells Fargo | $54,328 | $26.12 | 1 |
| 6 | Regions Bank | $53,033 | $25.50 | 1 |
| 7 | Intercounty Electric Cooperative Association | $47,050 | $22.62 | 1 |
| 8 | Dun & Bradstreet | $46,537 | $22.37 | 5 |
| 9 | U.S. Renal Care | $44,681 | $21.48 | 1 |
| 10 | Equidata | $42,921 | $20.64 | 1 |