Job Description:

• 1) Processes applications of individuals applying for loans and credit: Interviews applicant to obtain personal and financial data and fills out application.

• 2) Calls or writes to credit bureaus, employers, and personal references to check credit and personal references.

• 3) Establishes credit limit, considering such factors as applicant's assets, credit experience, and personal references, based on predetermined standards.

• 4) Notifies customer by mail, telephone, or in person of acceptance or rejection of application.

• 5) May keep record or file of credit transactions, deposits, and payments, and sends letters or confers with customers having delinquent accounts to make payment.

• 6) May send form letters and brochures to solicit business from prospective customers.

• 7) May adjust incorrect credit charges and grant extensions of credit on overdue accounts.

• 8) May accept payment on accounts.

• 9) May keep record of applications for loans and credit, using computer.

• 10) May compute interest and payments, using calculator.

• 11) May provide customer credit information or rating on request to retail stores, credit agencies, or banks.

• 12) May check value of customer's collateral, such as securities, held as security for loan.

• 13) May advise customer by phone or in writing about loan or credit information.

• 14) May assist customer in filling out loan or credit application.