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Career and Education Opportunities for Credit Investigators in Maryland

Maryland has a population of 5,699,478, which has grown by 7.61% in the last 10 years. Nicknamed the "Old Line State," its capital is Annapolis, though its biggest city is Baltimore.

There are currently 1,550 working credit investigators in Maryland; this should shrink 10% to 1,400 working credit investigators in the state 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%. In general, credit investigators investigate history and credit standing of individuals or business establishments applying for credit.

The income of a credit investigator is about $18 per hour or $39,140 per year on average in Maryland. In the U.S. as a whole, their income is about $14 hourly or $30,390 yearly on average. Compared with people working in the overall category of Credit Authorization, people working as credit investigators in Maryland earn more. They earn more than people working in the overall category of Credit Authorization nationally.

In 2008, there were a total of 3,471,985 jobs in Maryland. The average annual income was $48,164 in 2008, up from $46,922 in 2007. The unemployment rate in Maryland was 7.0% in 2009, which has grown by 2.6% since the previous year. Approximately 31.4% of Maryland residents have college degrees, which is higher than the national average.

The top industries in Maryland include engineering services, radio broadcasting communications equipment manufacturing, and photofinishing. Notable tourist attractions include the Maryland Art Place Inc, the Preservation Society, and the Maryland Science Center.

CITIES WITH Credit Investigator OPPORTUNITIES IN Maryland


JOB 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.

Similar jobs with educational opportunities in Maryland 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.
  • 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.

LOCATION INFORMATION: Maryland

Maryland
Maryland photo by Abhijit Tembhekar

Maryland has a population of 5,699,478, which has grown by 7.61% in the last 10 years. Nicknamed the "Old Line State," its capital is Annapolis, though its largest city is Baltimore. In 2008, there were a total of 3,471,985 jobs in Maryland. The average annual income was $48,164 in 2008, up from $46,922 the preceding year. The unemployment rate in Maryland was 7.0% in 2009, which has grown by 2.6% since the previous year. Roughly 31.4% of Maryland residents have college degrees, which is higher than the national average.

The top industries in Maryland include engineering services, radio broadcasting communications equipment manufacturing, and photofinishing. Notable tourist attractions include the Dorfman Museum Figures Inc, the Baltimore Civil War Museum, and the National Park Service.