What is Credit Reports?
Credit reports are statements that carry information about your credit affairs and current credit situation like loan payment history and credit accounts status. A credit report acts as history because it contains the record from the day you opened the account till your account balance. Potential lenders and creditors make use of credit reports and decide whether to offer you credit or not and under what conditions.
How is Credit Reports used?
Zippia reviewed thousands of resumes to understand how credit reports is used in different jobs. Explore the list of common job responsibilities related to credit reports below:
- Obtained electronic credit reports using CIN Legal Data Services and import them into Best Case Bankruptcy.
- Conducted initial interviews for prospective clients by obtaining background information for filing petitions, schedules and consumer credit reports.
- Gather pertinent documents required for commencement of case including credit reports.
- Assist in the intake of documents from clients for preparation of filing of Bankruptcy Voluntary Petition and retrieving credit report.
- Interview client to obtain necessary information, documents and credit report pertaining to client's assets, debts and income.
- Performed client facing interviews, lien checks, retrieved credit reports, entered clients' financial information into S.O.F.A.
Are Credit Reports skills in demand?
Yes, credit reports skills are in demand today. Currently, 2,918 job openings list credit reports skills as a requirement. The job descriptions that most frequently include credit reports skills are bankruptcy assistant, savings counselor, and consumer loan underwriter.
How hard is it to learn Credit Reports?
Based on the average complexity level of the jobs that use credit reports the most: bankruptcy assistant, savings counselor, and consumer loan underwriter. The complexity level of these jobs is intermediate.
On this page
What jobs can you get with Credit Reports skills?
You can get a job as a bankruptcy assistant, savings counselor, and consumer loan underwriter with credit reports skills. After analyzing resumes and job postings, we identified these as the most common job titles for candidates with credit reports skills.
Bankruptcy Assistant
- Pacer
- Pleadings
- Bankruptcy Court
- Debtor
- Credit Reports
- Real Estate Brokers
Savings Counselor
- Bank Products
- Customer Transactions
- Budget Preparation
- ATM
- Credit Reports
- Inbound Calls
Consumer Loan Underwriter
Job description:
A consumer loan underwriter, or often known as a loan officer, is a financial professional who works at a credit union or other financial institution to approve or disapprove loans to clients. Consumer loan underwriters must review and verify the information provided by loan applicants and then decide on approving or denying a loan according to the policies of the institution. They must determine maximum loss potential by identifying all loans that are associated with a borrower where fraud may have occurred. Consumer loan underwriters must also demonstrate experience in underwriting conventional and FHA loans.
- Financial Statements
- Loan Applications
- Strong Analytical
- Credit Reports
- Credit Decisions
- Compliance Reviews
Bankruptcy Paralegal
Job description:
A Bankruptcy Paralegal assists lawyers and their clients through the bankruptcy process. Their primary duties include collecting and reviewing paperwork for petitions, drafting pleadings, and preparing all documents required by the bankruptcy court.
- Pacer
- Litigation
- Debtor
- Credit Reports
- Law Firm
- Bankruptcy Court
Loan Officer/Loan Processor
Job description:
A loan processor is a person who does all the processing as well as submitting all the required documents for a loan application. They play an important role in ensuring that the personal information and documents of a client are orderly complied. Also, a loan processor's other tasks include being the bridge or channel between the loan applicant and the loan assessor.
- Customer Service
- Escrow
- Credit Reports
- Lenders
- FHA
- Va
Loan Secretary
- Customer Service
- Real Estate Loans
- Financial Statements
- Commercial Loans
- Credit Reports
- Computer System
Junior Underwriter
Job description:
Working alongside senior underwriters, a junior underwriter is in charge of performing research and analysis to determine the eligibility of clients for insurance products and services. Their responsibilities include gathering and analyzing requirements, inspecting financial histories, participating in handling underwriting conditions, and monitoring current and past loans of a client. Should there be any complicated issues and concerns, they must report to the senior underwriter right away. Furthermore, a junior underwriter must carry out tasks while adhering to the company's policies and regulations.
- Loan Programs
- Income Documentation
- Credit Reports
- FHA
- Va
- Loan Applications
Loan Processor
Job description:
A loan processor is responsible for assisting customers with their loan requests, ensuring their eligibility, and choosing the best loan options for their needs. Loan processors carefully review loan application documents and prepare loan proposals for underwriting, analyzing the applicant's financial status and credit scores, processing repayment plans, and adhering to banking and financial regulations. A loan processor must have excellent knowledge of the banking industry and processes to provide the best loan services for the customers efficiently and accurately.
- Loan Applications
- Customer Service
- Property Appraisals
- Mortgage Loans
- Credit Reports
- FHA
Loan Clerk
- Customer Service
- Loan Payments
- Financial Data
- Mortgage Loans
- Credit Reports
- General Ledger Accounts
Loan Specialist
Job description:
A loan specialist is in charge of processing loans to make transactions easier for the clients. They usually work in banks, lending firms, and other financial institutions. One of their primary responsibilities is to guide clients to understand what program works best for them, assist in filling out forms, gathering requirements, and verifying authenticity. There are also instances where a loan specialist must discern whether a client can uphold financial obligations using the information collected. Furthermore, it is also their responsibility to produce and submit reports to creditors or lenders.
- Loan Applications
- Customer Service
- Financial Statements
- Outbound Calls
- Credit Reports
- Mortgage Loans
How much can you earn with Credit Reports skills?
You can earn up to $62,179 a year with credit reports skills if you become a bankruptcy assistant, the highest-paying job that requires credit reports skills. Savings counselors can earn the second-highest salary among jobs that use Python, $53,252 a year.
| Job title | Average salary | Hourly rate |
|---|---|---|
| Bankruptcy Assistant | $62,179 | $30 |
| Savings Counselor | $53,252 | $26 |
| Consumer Loan Underwriter | $53,525 | $26 |
| Bankruptcy Paralegal | $55,485 | $27 |
| Loan Officer/Loan Processor | $46,753 | $22 |
Companies using Credit Reports in 2025
The top companies that look for employees with credit reports skills are JPMorgan Chase & Co., J.P. Morgan, and KeyBank. In the millions of job postings we reviewed, these companies mention credit reports skills most frequently.
| Rank | Company | % of all skills | Job openings |
|---|---|---|---|
| 1 | JPMorgan Chase & Co. | 14% | 11,507 |
| 2 | J.P. Morgan | 14% | 0 |
| 3 | KeyBank | 11% | 644 |
| 4 | Wells Fargo | 7% | 2,228 |
| 5 | Aimbridge Hospitality | 7% | 0 |
Departments using Credit Reports
| Department | Average salary |
|---|---|
| Finance | $53,785 |
2 courses for Credit Reports skills
1. Credit Education, Credit Reports and FICO Scoring
We live in a time in which credit scoring, specifically FICO scoring, means everything. Your score determines when and if you can purchase a home, when and if you can obtain a credit card and at what interest rate, where you rent or where you live, how much your transportation will cost you, what type of employment you have and how much you pay for insurance. It is virtually impossible not to have your credit score affect you. You would literally have to be living off the grid for credit scoring to not affect you. Not many people can live off the grid. My point with this course is for everyone to be well informed about credit and credit scoring, especially the FICO method. As you will see, the truth will probably open most of your eyes. Even if you have great credit and a great credit score, you will benefit, sometimes immensely. Just by applying some of my principles, you could see your credit score go up significantly...
2. Become an Expert on Mortgage Credit Reports
Becoming an Expert on Mortgage Credit Reports is a smart and practical approach to approving more borrowers and helping them have better interest rates in the process which will increase your sales and total income. Mortgage credit report experts are always in high demand, they close more deals, and make more money! In this modern course, you'll learn all of the skills necessary to become an expert on mortgage credit reports and be able to use these skills in you're day-to-day working life. From how to read a credit report to requesting a rapid re-score to running credit score simulations, these lectures are designed for any one who wants to approve more buyers and borrowers. With real world examples demonstrating exactly how to execute each step of the credit score improvement process, you'll find out exactly what to do to remove delinquent credit and how to get it to report in a matter of days not months, and be compliant with all federal and state regulations. Main benefits of this course and of being an expert on mortgage credit reports are:- Double, triple, or quadruple your income by approving and closing more loans. People who put into practice what they learn in this course can go from making $60,000 to $300,000 or more. The volume of loans that you can close will increase many times over which will seriously increase your income.- Improve your own credit scores- Get hired much faster with a bank, lender, or mortgage company or simply help more buyers get approved if you already work in the financial industry.- Help borrower's get better interest rates and lower mortgage payments.- Become the best at what you do or want to do by knowing more than you competition about mortgage credit reports. If you already know the basics of mortgage credit reports and want refresh your memory or are just starting out and want to learn more in depth, this is the course for you. Ensuring the success of each and every loan requires that you have the knowledge necessary to solve credit problems. You need to know how to solve different types of credit problems and tools you can use to make these changes. This course will provide you with the knowledge and the solutions you need to become a success in the mortgage and real estate industry. The first and second sections of this course will take you through two hugely important parts of the mortgage credit process: how the entire mortgage credit reporting process works and what it means to be a mortgage credit report expert. You will learn how credit scores are determined and what can bring them up the most. In addition, you will learn what scoring models are and just how high credits scores can go. Besides that you will understand what components go into a mortgage credit report and how each one affects a borrowers capacity to qualify for a mortgage. In the third and fourth sections of this course you will learn what you need to do to improve borrowers credit and their scores (or your own if that's our goal). This section will go into depth how to solve common credit problems borrowers have such as collections, late payments, low credit scores, bad credit, etc., so that you can quickly recognize them and efficiently resolve them. In the fifth and sixth sections, you will learn how to solve common credit problems and how to run credit simulations to see just what needs to be done for each particular borrower to bring their scores up. You will also understand what the minimum credit requirements are to qualify for a home loan and how credit repair companies work and how they help borrowers. In the end of this section, you will understand what credit fraud and identity theft are and how to prevent them. This is a growing concern among borrowers which you can advise them on. At the end of it all, you'll have the tools needed to make better, and more successful decisions when helping borrowers qualify for a mortgage. A course diploma will be available to you when all sections have been completed at 100% which you can save or print. For instructions on downloading your course diploma you can go to: https://support. udemy. com/hc/en-us/articles/229603868-Certificate-of-CompletionYour instructorJoseph Correa is the founder and CEO of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. Having closed hundreds of mortgage loans and having improved borrowers credit to help them close, he has the necessary mortgage credit knowledge to help you become a success. In the past, he has also owned a correspondent lending business and invested in real estate...