A professional who processes applications of individuals applying for loans and credit. Responsibilities include:

• Interviews applicant to obtain personal and financial data and fills out application.
• Calls or writes to credit bureaus, employers, and personal references to check credit and personal references.
• Establishes credit limit, considering such factors as applicant's assets, credit experience, and personal references, based on predetermined standards.
• Notifies customer by mail, telephone, or in person of acceptance or rejection of application.
• May keep record or file of credit transactions, deposits, and payments, and sends letters or confers with customers having delinquent accounts to make payment (collection clerk ).
• May send form letters and brochures to solicit business from prospective customers.
• May adjust incorrect credit charges and grant extensions of credit on overdue accounts.
• May accept payment on accounts.
• May keep record of applications for loans and credit, using computer.
• May compute interest and payments, using calculator.
• May provide customer credit information or rating on request to retail stores, credit agencies, or banks.
• May check value of customer's collateral, such as securities, held as security for loan.
• May advise customer by phone or in writing about loan or credit information.
• May assist customer in filling out loan or credit application.