Post job

Credit reporter vs commercial loan reviewer

The differences between credit reporters and commercial loan reviewers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 3-6 months to become both a credit reporter and a commercial loan reviewer. Additionally, a commercial loan reviewer has an average salary of $48,731, which is higher than the $43,430 average annual salary of a credit reporter.

The top three skills for a credit reporter include credit bureaus, business credit reports and customer service. The most important skills for a commercial loan reviewer are appraisal review, lenders, and SBA.

Credit reporter vs commercial loan reviewer overview

Credit ReporterCommercial Loan Reviewer
Yearly salary$43,430$48,731
Hourly rate$20.88$23.43
Growth rate-3%-3%
Number of jobs6,79036,035
Job satisfaction--
Most common degreeBachelor's Degree, 37%Bachelor's Degree, 50%
Average age4444
Years of experience66

Credit reporter vs commercial loan reviewer salary

Credit reporters and commercial loan reviewers have different pay scales, as shown below.

Credit ReporterCommercial Loan Reviewer
Average salary$43,430$48,731
Salary rangeBetween $28,000 And $65,000Between $31,000 And $76,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between credit reporter and commercial loan reviewer education

There are a few differences between a credit reporter and a commercial loan reviewer in terms of educational background:

Credit ReporterCommercial Loan Reviewer
Most common degreeBachelor's Degree, 37%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Credit reporter vs commercial loan reviewer demographics

Here are the differences between credit reporters' and commercial loan reviewers' demographics:

Credit ReporterCommercial Loan Reviewer
Average age4444
Gender ratioMale, 20.4% Female, 79.6%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 11.4% Unknown, 3.7% Hispanic or Latino, 17.2% Asian, 3.9% White, 63.3% American Indian and Alaska Native, 0.5%Black or African American, 10.3% Unknown, 4.0% Hispanic or Latino, 15.6% Asian, 4.3% White, 65.3% American Indian and Alaska Native, 0.6%
LGBT Percentage9%9%

Differences between credit reporter and commercial loan reviewer duties and responsibilities

Credit reporter example 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.

Commercial loan reviewer example responsibilities.

  • Audit and correct commercial loan documents using LaserPro and then send to loan officers for signing.
  • Participate in meetings with inter agencies and other entities as appropriate to facilitate and enhance the Medicaid eligibility determination process.
  • Maintain positive communication with engineers, architects, home owners, and contractors.
  • Participate in meetings with inter agencies and other entities as appropriate to facilitate and enhance the Medicaid eligibility determination process.

Credit reporter vs commercial loan reviewer skills

Common credit reporter skills
  • Credit Bureaus, 31%
  • Business Credit Reports, 30%
  • Customer Service, 16%
  • Credit History, 16%
  • Outbound Calls, 6%
Common commercial loan reviewer skills
  • Appraisal Review, 32%
  • Lenders, 12%
  • SBA, 12%
  • Financial Institutions, 11%
  • UCC, 10%
  • Code Compliance, 7%

Browse office and administrative jobs