What does a Credit Investigator do?

Learn all about Credit Investigator duties, skills and much more. Get expert advice on how to become a Credit Investigator.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 4 min read

A credit investigator is a professional who looks into the credit history of individuals or businesses. They may work for a credit agency, financial institution, or collection agency. Credit investigators typically have a background in accounting or finance.

Credit Investigator job duties include:

  • Research and investigate credit information on individuals or businesses
  • Obtain and analyze financial statements, credit reports, and other data
  • Identify and investigate instances of fraud or financial misrepresentation
  • Prepare detailed reports outlining findings and recommendations
  • Work with law enforcement agencies to prosecute fraudulent cases
  • Assist in the development and implementation of credit policies and procedures
  • Train staff on credit-related issues
  • Monitor changes in legislation affecting credit investigations
  • Stay up-to-date on new investigative techniques and technologies

Credit Investigator Job Requirements

A credit investigator typically needs at least a bachelor's degree in finance, accounting, business administration, or a related field. Many employers prefer candidates who have experience working in the financial industry, and some positions may require certification from the Credit Research Foundation.

Credit Investigator Skills

  • Research
  • Data analysis
  • Report writing
  • Time management
  • Organizational skills
  • Communication skills
  • Interpersonal skills
  • Critical thinking
  • Problem solving
  • Negotiation
  • Flexibility

Related: Top Credit Investigator Skills: Definition and Examples

How to become a Credit Investigator

A credit investigator is someone who looks into the financial history of individuals or businesses. This can be done for a variety of reasons, such as to determine whether someone is eligible for a loan, to check on the financial stability of a business, or to investigate possible fraud.

There is no one specific path to becoming a credit investigator, but there are some things that will help you succeed in this field. First, it is important to have strong research and analytical skills. You must be able to understand and interpret financial data, and you should be comfortable using computers and various financial software programs.

You also need to have good communication skills, as you will often be dealing with people who may be upset or angry about the investigation you are conducting. It is important to be able to handle these situations calmly and professionally.

In terms of education, most credit investigators have at least a bachelor’s degree in finance or a related field. Many also have experience working in the banking or lending industry before moving into credit investigation.

If you are interested in becoming a credit investigator, there are a few things you can do to get started. First, consider pursuing a degree in finance or a related field. This will give you the basic knowledge and skills you need for the job. You can also look for internships or entry-level positions in the banking or lending industry; these can provide valuable experience and help you make connections in the field. Finally, consider joining professional organizations such as the Association of Certified Fraud Examiners; these can offer networking opportunities and access to resources and training.

Related: Credit Investigator Resume Example

Related: Credit Investigator Interview Questions (With Example Answers)