Credit analysts evaluate requests for credit and loans. They prepare reports about whether the company should lend money to loan applicants.

Credit analysts examine the information people provide when applying for loans or credit. They look at earnings, savings, debts, and payment history on credit cards. They analyze whether applicants can repay loans. They evaluate whether the company will make money from the loans.

Credit analysts weigh the strengths and weaknesses of applications. They decide how much risk there is in lending to each applicant. Analysts write a summary of the credit analysis and submit it to the loan committee. These reports include a payment plan. Analysts determine how much money applicants can pay each month based on their income and other expenses.

Credit analysts use computers to help analyze the information. They use computer programs that calculate different measures of financial status. Sometimes credit analysts talk to loan applicants. Analysts check to be sure that all the information they have is correct.

Occasionally credit analysts review files after loans have been made. They look for accounts that have not been paid and contact customers to collect payments.