Credit Business Associate

Median Annual Income

$48,570

Projected Job Growth

+5 %

Career Cluster(s)

Financial Services

Most Common Education Level

Bachelor's degree

Advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explain loan requirements or restrictions. May help develop debt management plans or student financial aid packages. May advise on credit issues, or provide budget, mortgage, bankruptcy, or student financial aid counseling.

Median Annual Income

$69,990

Projected Job Growth

+1 %

Career Cluster(s)

Financial Services

Most Common Education Level

Bachelor's degree

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

Median Annual Income

$58,530

Projected Job Growth

+2 %

Career Cluster(s)

Public Service & Safety

Most Common Education Level

Bachelor's degree

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

Median Annual Income

$44,250

Projected Job Growth

-10 %

Career Cluster(s)

Financial Services

Most Common Education Level

High school diploma or equivalent

Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account, preparing statements to credit department if customer fails to respond, initiating repossession proceedings or service disconnection, and keeping records of collection and status of accounts.

Median Annual Income

$45,590

Projected Job Growth

+1 %

Career Cluster(s)

Financial Services

Most Common Education Level

High school diploma or equivalent

Compile, compute, and record billing, accounting, statistical, and other numerical data for billing purposes. Prepare billing invoices for services rendered or for delivery or shipment of goods.

Median Annual Income

$47,440

Projected Job Growth

-5 %

Career Cluster(s)

Financial Services

Most Common Education Level

Some college, no degree

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

Median Annual Income

$39,680

Projected Job Growth

-5 %

Career Cluster(s)

Marketing & Sales

Most Common Education Level

High school diploma or equivalent

Interact with customers to provide basic or scripted information in response to routine inquiries about products and services. May handle and resolve general complaints. Excludes individuals whose duties are primarily installation, sales, repair, and technical support.

Median Annual Income

$47,380

Projected Job Growth

-2 %

Career Cluster(s)

Financial Services

Most Common Education Level

High school diploma or equivalent

Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.

Median Annual Income

$44,630

Projected Job Growth

-15 %

Career Cluster(s)

Financial Services

Most Common Education Level

High school diploma or equivalent

Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.

Median Annual Income

$46,900

Projected Job Growth

-4 %

Career Cluster(s)

Financial Services

Most Common Education Level

High school diploma or equivalent

Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records. Update existing policies and company records to reflect changes requested by policyholders and insurance company representatives.