Credit checkers and authorizers review the credit history of clients. They approve or deny requests for credit.

Credit checkers

Credit checkers review applications for credit cards and loans. They make sure that applications are complete. If information is missing, they contact applicants. Credit checkers contact credit bureaus and banks for information. They call employers to verify applicants' employment.

Once checkers have all the information, they calculate debt-to-income ratios. They determine if applicants meet the guidelines for loans. For large loans such as mortgages, checkers send the application to an underwriter for approval. For credit card applications, checkers assess applicants' credit history and decide if they are able to pay the charges. Once their research is complete, they send reports to applicants about their decision.

Some credit checkers work in credit bureaus. They secure and update credit data. They also confirm information for credit reports. These workers are often called credit investigators or reporters.

Credit authorizers

Credit authorizers decide whether to allow additional charges on accounts that are past-due or overextended. Authorizers review customers' charges. They also look at their payment histories. They decide whether or not to approve new charges. Authorizers also track customers' spending.