$55,263
Avg. Salary
$18.53
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$4,958

Profit Sharing

$2,983

The average pay for a Credit Administrator is $18.53 per hour.

The average pay for a Credit Administrator is $55,263 per year.

$14
10%
$19
50%
$24
90%
MEDIAN $19
$35k
10%
$55k
50%
$123k
90%
MEDIAN $55,263
$35,414 - $123,190
$35K
$55K
$120K
MEDIAN: $55,263
10%
50%
90%

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$13.55 - $24.45
$14
$19
$24
MEDIAN: $18.53
10%
50%
90%

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$0$123K
Salary $35,414 - $123,190
Bonus $795 - $19,489
Profit Sharing $0.00 - $5,918
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,543 - $112,446
  • Country: United States
  • Currency: USD
  • Updated: 13 Nov 2018
  • Individuals Reporting: 111
Hourly Data $0$32
Hourly Rate $13.55 - $24.45
Overtime $18.35 - $32.67
Annual Data $0$112K
Bonus $795 - $19,489
Profit Sharing $0.00 - $5,918
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,543 - $112,446
  • Country: United States
  • Currency: USD
  • Updated: 13 Nov 2018
  • Individuals Reporting: 69

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.

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.

Credit Administrator Job Listings

Pay by Experience Level for Credit Administrator

Pay by Experience for a Credit Administrator has a positive trend. An entry-level Credit Administrator with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 38 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Credit Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $53,000 based on 21 salaries. An experienced Credit Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $54,000 based on 33 salaries. A Credit Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $83,000 based on 14 salaries.

Credit Administrator Reviews

Q: What is it like working as a Credit Administrator?

Credit Administrator in Bethlehem:
"Never a dull moment."
Pros: Working with people. Flexibility.
Cons: When people lie to me.

Related Job Salaries

Key Stats for Credit Administrator

Gender

Female
72 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.
Less than 1 year
7%
1-4 years
31%
5-9 years
16%
10-19 years
32%
20 years or more
14%

Experience Affects Credit Administrator Salaries

▲76%

Experienced
▲15%

▲13%

National Average
$47,000

▼13%

Skills That Affect Credit Administrator Salaries

Collections
▲14%


National Average
$47,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 31 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
7%
1-4 years
31%
5-9 years
16%
10-19 years
32%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 81%
vision benefits
Vision: 76%
no benefits
None: 10%