To work as a loan clerk, you typically need to:

• have a high school diploma or equivalent; and
• complete short-term, on-the-job training.

Education after high school

Formal training is not required for this occupation. However, some credit workers take courses offered by banking and credit associations, vocational schools, or colleges and universities.

On-the-job training

Most loan clerks learn their skills through on-the-job training. As a new clerk, you work under the supervision of an experienced clerk or loan officer. Some firms offer formal training. Training may include phone etiquette, computer use, and customer service skills. Training generally lasts up to one month.