Overview
A credit authorizer is one who decides whether the customer is worthy of extended credit after having reached his/her limit. Modern businesses depend on the credit department or credit agencies to determine who should receive credit and who should not therefore credit authorizers are employed by these departments and agencies to get to know their customers and evaluate the creditworthiness.
Typical day at work
? Receive charge slips or credit applications by mail, or information from sales people or merchants by telephone.
? Mailing charge statements to customers.
? Evaluate customers' credit records, payment histories and to approve new credit
based on predetermined standards.
? Keeping records of customer’s charges and payments.
? File sales slips in customer ledgers for billing purposes.
Abilities and Aptitude needed
A credit authorizer should be an active listener, a good speaker to convey information effectively, reading and understanding written sentences in work related documents and should be good in writing. The ability to make judgments and decisions.
Pathways
Entrance Exam
Courses
Best Colleges
Industries
Credit authorizers get an opportunity to work in Bank, Credit Management and Employment Services
internship
Take the opportunity to work under a professional that gives you exposure. It will allow you to have a practical learning about the field and will also give you contacts for future reference.
Career outlook
The job outlook for Credit authorizers is bright. With the growth in the economy, there has been a rising demand for Credit authorizers in governments and businesses thus pursuing a career as a credit authorizer might be one of the best ways of investing in your education
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