Career and Education Opportunities for Credit Investigators in Indianapolis, Indiana
Many educational and employment opportunities exist for credit investigators in the Indianapolis, Indiana area. Currently, 520 people work as credit investigators in Indiana. This is expected to shrink by 14% to about 450 people by 2016. This is not quite as good as the national trend for credit investigators, which sees this job pool growing by about 2.8% over the next eight years. In general, credit investigators investigate history and credit standing of individuals or business establishments applying for credit.
A person working as a credit investigator can expect to earn about $13 hourly or $28,450 per year on average in Indiana and about $14 per hour or $30,390 yearly on average in the U.S. as a whole. Credit investigators earn more than people working in the category of Credit Authorization generally in Indiana and more than people in the Credit Authorization category nationally.
There is one school within twenty-five miles of Indianapolis where you can study to be a credit investigator, among thirty-six schools of higher education total in the Indianapolis area. Given that the most common education level for credit investigators is a high school diploma or GED, it will take only a short time to learn 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 Indianapolis 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.
EDUCATIONAL OPPORTUNITIES: Credit Investigator Training
University of Indianapolis - Indianapolis, IN
University of Indianapolis, 1400 E Hanna Ave, Indianapolis, IN 46227-3697. University of Indianapolis is a small university located in Indianapolis, Indiana. It is a private not-for-profit school with primarily 4-year or above programs. It has 4,728 students and an admission rate of 72%. University of Indianapolis has a bachelor's degree program in Banking and Financial Support Services which graduated five students in 2008.
LOCATION INFORMATION: Indianapolis, Indiana
Indianapolis is situated in Marion County, Indiana. It has a population of over 798,382, which has grown by 2.1% in the past ten years. The cost of living index in Indianapolis, 80, is well below the national average. New single-family homes in Indianapolis cost $155,400 on average, which is near the state average. In 2008, seven hundred thirty-four new homes were constructed in Indianapolis, down from 1,317 the previous year.
The three big industries for women in Indianapolis are health care, educational services, and accommodation and food services. For men, it is construction, professional, scientific, and technical services, and administrative and support and waste management services. The average travel time to work is about 23 minutes. More than 25.4% of Indianapolis residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 8.7%, is higher than the state average.
The percentage of Indianapolis residents that are affiliated with a religious congregation, 40.3%, is less than both the national and state average. The largest religious groups are the Catholic Church, the United Methodist Church and the Christian Churches and Churches of Christ.