Career and Education Opportunities for Credit Investigators in Modesto, California
Credit investigators can find many career and educational opportunities in the Modesto, California area. Currently, 5,600 people work as credit investigators in California. This is expected to shrink 11% to about 5,000 people by 2016. This is not quite as good as the nation as a whole, where employment opportunities for credit investigators are expected to grow by about 2.8%. Credit investigators generally investigate history and credit standing of individuals or business establishments applying for credit.
The income of a credit investigator is about $17 per hour or $36,240 per year on average in California. In the U.S. as a whole, their income is about $14 hourly or $30,390 per year on average. Compared with people working in the overall category of Credit Authorization, people working as credit investigators in California earn more. They earn more than people working in the overall category of Credit Authorization nationally.
There are twenty-one schools of higher education in the Modesto area, including one within twenty-five miles of Modesto where you can get a degree to start your career as a credit investigator. The most common level of education for credit investigators is a high school diploma or GED. You can expect to spend only a short time studying to be a credit investigator if you already have a high school diploma.
CAREER DESCRIPTION: Credit Investigator
In general, credit investigators investigate history and credit standing of individuals or business establishments applying for credit. They also telephone or write to credit departments of business and service establishments to obtain information about applicant's credit standing.
Every day, credit investigators are expected to be able to articulate ideas and problems. It is also important that they listen to and understand others in meetings.
It is important for credit investigators to ready reports of findings and recommendations, using typewriters or computers. They are often called upon to obtain data related to potential creditors from banks and other credit services, and furnish reciprocal data if requested. They also interview credit applicants by telephone or in person so as to obtain personal and financial data needed to finish credit report. Somewhat less frequently, credit investigators are also expected to examine city directories and public archives in order to confirm residence property ownership or unpaid taxes of applicants.
Credit investigators sometimes are asked to contact former employers and other acquaintances to confirm applicants' references and social behavior. They also have to be able to relay credit report data to subscribers by mail or by telephone And finally, they sometimes have to relay credit report data to subscribers by mail or by telephone.
Like many other jobs, credit investigators must have strong self control in the face of challenging situations and be thorough and dependable.
Similar jobs with educational opportunities in Modesto include:
- Accounts Receivable Specialist. 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; keeping records of collection and status of accounts.
- Correspondence Clerk. Compose letters in reply to requests for merchandise, damage claims, credit and other information, delinquent accounts, or unsatisfactory services. Duties may include gathering data to formulate reply and typing correspondence.
- Eligibility and Occupancy Interviewer. Determine eligibility of persons applying to receive assistance from government programs and agency resources, such as welfare, unemployment benefits, and public housing.
- Insurance Claims Processor. Obtain information from insured or designated persons for purpose of settling claim with insurance carrier.
- Insurance Processing Clerk. Process applications for, changes to, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on insurance policy changes, changing policy records to conform to insured party's specifications, compiling data on lapsed insurance policies to determine automatic reinstatement according to company policies, canceling insurance policies as requested by agents, and verifying the accuracy of insurance company records.
- Municipal Clerk. Draft agendas and bylaws for town or city council; record minutes of council meetings; answer official correspondence; keep fiscal records and accounts; and prepare reports on civic needs.
- Procurement Clerk. Compile information and records to draw up purchase orders for procurement of materials and services.
EDUCATIONAL OPPORTUNITIES: Credit Investigator Training
San Joaquin Delta College - Stockton, CA
San Joaquin Delta College, 5151 Pacific Ave, Stockton, CA 95207. San Joaquin Delta College is a large college located in Stockton, California. It is a public school with primarily 2-year programs and has 20,480 students. San Joaquin Delta College has a two to four year program in Banking and Financial Support Services.
LOCATION INFORMATION: Modesto, California
Modesto is located in Stanislaus County, California. It has a population of over 202,967, which has grown by 7.5% in the past ten years. The cost of living index in Modesto, 91, is below the national average. New single-family homes in Modesto cost $208,400 on average, which is far less than the state average. In 2008, one hundred thirteen new homes were constructed in Modesto, down from two hundred eighty-five the previous year.
The top three industries for women in Modesto are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and educational services. The average commute to work is about 26 minutes. More than 16.5% of Modesto residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 5.3%, is lower than the state average.
The unemployment rate in Modesto is 14.4%, which is greater than California's average of 12.3%.
The percentage of Modesto residents that are affiliated with a religious congregation, 43.7%, is less than both the national and state average. Livingway Tabernacle, Seventh Day Adventist Church and Bethel Pentecostal Church are all churches located in Modesto. The most prominent religious groups are the Catholic Church, the Salvation Army and the Assemblies of God.
Modesto is home to the King-Kennedy Center and the McClure Historical Country House as well as Muncy Park and John Muir Park. Shopping malls in the area include Roosevelt Shopping Center, Gregory Gardens Shopping Center and Western Plaza Shopping Center. Visitors to Modesto can choose from Best Western Town House Lodge, Apex Inn and Arrow Inn for temporary stays in the area.