How To Become A Credit Representative: What It Is and Career Path

What is a credit representative and how to become one

Updated January 8, 2025

3 min read

Credit representatives are experts who evaluate the credit details and budgets reports of firms or a singular person for ascertainment of chances of loaning money or lengthening credits. As a credit representative, you are obligated to organize documents with credit information that would, in turn, be used to making decisions. You will also credit documents and process credit statements from various credit reporting origins. Plus, you will instruct and tutor credit representatives recently employed on Company methods and rules. You are required to amplify the collation program and strategy to reduce DSO (Days sales outstanding) guideline risk and improve communication between outer sections or facilities through the formulation of rules of conduct.

To fit into this role, you must display great attention to detail, be a logical thinker, handle pressure, and have a solid working etiquette or principle. You must be honest, technologically skilled, and good at maths. You should also have a bachelor's degree in accounting, business, or finance, though it can be alternated with an associate degree depending on the employer's decision. You will earn an average of $35,022 per year, which is $16.84 per hour.

ScoreCredit RepresentativeUS Average

Salary

3.1

Avg. Salary $39,268

Avg. Salary $59,228

Stability level

6.0

Growth rate -8%

Growth rate 0.3%

Diversity

5.7

Race

American Indian and Alaska Native 0.27%

Asian 7.76%

Black or African American 8.31%

Hispanic or Latino 9.98%

Unknown 2.70%

White 70.98%

Gender

female 70.51%

male 29.49%

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

Key steps to become a credit representative

Explore credit representative education requirements

Most common credit representative degrees

Bachelor's

46.6 %

Associate

22.7 %

High School Diploma

17.4 %

Start to develop specific credit representative skills

Skills	Percentages
Customer Service	22.11%
Customer Accounts	5.77%
Patients	5.43%
Credit Card Payments	4.40%
Credit Balances	4.13%

Complete relevant credit representative training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New credit representatives 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 representative based on U.S. Bureau of Labor Statistics data and data from real credit representative resumes.

Research credit representative duties and responsibilities

Manage portfolio utilizing AS400 and GetPaid systems.
Manage all credit files and process credit reports from various credit reporting sources including TRW and Dunn & Bradstreet.
Manage customer relations with internal personnel, group administrators, brokers and members as related to Medicare insurance.
Apply customer credit card and ACH payments.

Prepare your credit representative resume

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

Build a professional credit representative 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 representative resume.