The average hourly pay for an Entry-Level Credit Administrator is $15.46.
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$13 - $23
$0 - $1,625
$28,184 - $50,405
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Job Description for Credit Administrator
Credit administrators are responsible for managing and administrating credit-related duties on behalf of their company, and are in charge of facilitating and providing support-processing and electronic solutions for credit transactions. They also analyze credit requirements, process approval applications as required, approve and renew credit limits for clients and partners, and participate in business meetings to suggest new ways to approach credit administration processes. Those in this positi…Read more
Credit Administrator Tasks
- Assess credit risk.
- Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.
- Ensure that approved accounts remain in good standing.
- Establish terms for approved credit requests.
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More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Credit Administrator Job Listings
Pay by Experience Level for Credit Administrator
An early career Credit Administrator with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $18.02 based on 54 salaries. A mid-career Credit Administrator with 5-9 years of experience earns an average total compensation of $16.90 based on 30 salaries. An experienced Credit Administrator with 10-19 years of experience earns an average total compensation of $20.36 based on 55 salaries. In their late career (20 years and higher), employees earn an average total compensation of $17.
Years of Experience
This data is based on 169 survey responses.