hourly pay for Credit Authorizers
do Credit Authorizers make a lot of money

Credit Authorizers

Other names for this job might include Accounting Manager, Authorizer, Business Manager, Charge Authorizer, Chief Financial Officer (CFO), Collections Manager, Collector, Commercial Credit Officer, Controller, Credit Adjuster

  • $39320
  • 66%
    Job satisfaction
  • Medium
    Becoming one
  • Bad
    Job growth
OwlGuru Rank


How Much Do Credit Authorizers Make In 2018

In this salary guide, you will find out how much do Credit Authorizers make.

After reading this, you will be able to make a decision if working as a Credit Authorizer will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).

Average salary

Annual salary
$39320 per year

Hourly wage
$18.910 per hour

One of the most popular questions we get from our readers here at OwlGuru is how much do Credit Authorizers make per year and what is their hourly wage.

According to BLS, the average annual salary of Credit Authorizers is $39320. Their salary can also be as low as $24890 if you’re still a newbie with no experience to over $58800 if you have a ton of experience under your belt.

The typical hourly pay is $18.910 and can range from $11.970 to $28.270 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Credit Authorizer will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank

We wanted to make it easy for our readers to compare the salary of A Credit Authorizer to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Credit Authorizers make with other careers, they have a salary rank of D.

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Salary range

Highest (Top 10%)$28.270$58800
Senior (Top 25%)$22.650$47100
Middle (Mid 50%)$17.750$36930
Junior (Bottom 25%)$14.260$29650
No experience (Bottom 10%)$11.970$24890

Entry-level Credit Authorizers who starts out at $29650 can expect to make $36930 after 3-5 years of experience in the field.

The bottom 10% makes less than $11.970 per hour while the top 10% makes over $28.270 per hour.

While the median wage is $36930 per annum or $17.750 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.

Highest paying industries

Industry nameHourly wageAnnual salary
Natural Gas Distribution23.8149530
Securities and Commodity Contracts Intermediation and Brokerage22.7847370
Wired Telecommunications Carriers22.5446880
Architectural, Engineering, and Related Services22.2646300
Paper and Paper Product Merchant Wholesalers21.6545040
Lumber and Other Construction Materials Merchant Wholesalers21.6144960
Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing21.2244140
Machinery, Equipment, and Supplies Merchant Wholesalers20.9643600
Metal and Mineral (except Petroleum) Merchant Wholesalers20.9443560
Securities, Commodity Contracts, and Other Financial Investments and Related Activities20.8643400
Furniture and Home Furnishing Merchant Wholesalers20.4442520
Electrical Equipment, Appliance, and Component Manufacturing20.2842190
Apparel, Piece Goods, and Notions Merchant Wholesalers20.2442100
Hospitals, Local government owned20.2342070
Hospitals, Privately owned20.2342070
General Medical and Surgical Hospitals, Local government owned20.2342070
General Medical and Surgical Hospitals, Privately owned20.2242070
Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers20.1741960
General Medical and Surgical Hospitals (including private, state, and local government hospitals)20.1741960
Hospitals (including private, state, and local government hospitals)20.1741950
Merchant Wholesalers, Durable Goods20.141800
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers20.0941790
Chemical Manufacturing20.0841770
Direct Selling Establishments20.0741750
Nonstore Retailers20.0741740
Electronic Shopping and Mail-Order Houses20.0741730
Miscellaneous Nondurable Goods Merchant Wholesalers2041590
Merchant Wholesalers, Nondurable Goods19.9341460
Office Administrative Services19.9341450
Architectural and Structural Metals Manufacturing19.9241440
Wholesale Trade19.8841350
Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers19.8741320
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers19.8641300
Health Care and Social Assistance (including private, state, and local government hospitals)19.7641110
Machinery Manufacturing19.6640890
Management, Scientific, and Technical Consulting Services19.6540870
Grocery and Related Product Merchant Wholesalers19.6140780
Chemical and Allied Products Merchant Wholesalers19.640770
Petroleum and Petroleum Products Merchant Wholesalers19.5540660
Insurance Agencies and Brokerages19.4740490
Professional and Commercial Equipment and Supplies Merchant Wholesalers19.4140370
Automobile Dealers19.3840320
Data Processing, Hosting, and Related Services19.3240190
Fabricated Metal Product Manufacturing19.3240180
Farm and Garden Machinery and Equipment Merchant Wholesalers19.2940120
Other Financial Investment Activities19.1539830
Agencies, Brokerages, and Other Insurance Related Activities19.139720
Warehousing and Storage18.939320
Publishing Industries (except Internet)18.939310
Employment Services18.8839270
Transportation and Warehousing18.8339160
Outpatient Care Centers18.7639030
Commercial and Industrial Machinery and Equipment Rental and Leasing18.7539000
Pharmaceutical and Medicine Manufacturing18.7238940
Local government, including schools and hospitals18.6938860
Drugs and Druggists' Sundries Merchant Wholesalers18.6438770
Wholesale Electronic Markets and Agents and Brokers18.6338760
Real Estate18.6338760
Insurance Carriers and Related Activities18.6238730
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing18.5738620
Plastics Product Manufacturing18.5338540
Depository Credit Intermediation18.5338540
Newspaper, Periodical, Book, and Directory Publishers18.5238530
Federal, State, and Local Government18.5138500
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service18.5138500
Local Government, excluding schools and hospitals18.5138500
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service18.4538370
Plastics and Rubber Products Manufacturing18.4238320
Insurance Carriers18.3738210
Management of Companies and Enterprises18.2137870
Motor Vehicle and Parts Dealers18.1837820
Sector 56- Administrative and Support and Waste Management and Remediation Services18.0937620
Administrative and Support Services18.0937620
Computer and Electronic Product Manufacturing17.9837400
Miscellaneous Durable Goods Merchant Wholesalers17.9637350
Business Support Services17.937230
Telephone Call Centers17.8937220
All industries17.6636730
All industries, private ownership only17.6636730
Electronics and Appliance Stores17.6336680
Activities Related to Credit Intermediation17.6336680
Ambulatory Health Care Services17.5736560
Wireless Telecommunications Carriers (except Satellite)17.536400
Offices of Physicians17.4536300
Medical Equipment and Supplies Manufacturing17.4136210
Miscellaneous Manufacturing17.3336040
Home Furnishings Stores17.3236030
Accounting, Tax Preparation, Bookkeeping, and Payroll Services17.2135800
Finance and Insurance17.1735710
Nonmetallic Mineral Product Manufacturing17.1635690
Construction of Buildings17.1135600
Credit Intermediation and Related Activities17.1235600
Cement and Concrete Product Manufacturing17.0735500
Educational Services, Privately owned16.9435240
Educational Services (including private, state, and local government schools)16.8535050
Arts, Entertainment, and Recreation16.8435030
Amusement, Gambling, and Recreation Industries16.8435030
Gambling Industries16.8435030
Other Services (except Federal, State, and Local Government)16.7534850
Professional, Scientific, and Technical Services16.333900
Nondepository Credit Intermediation16.1733630
Retail Trade16.0733430
Electric Power Generation, Transmission and Distribution15.8833030
Other Motor Vehicle Dealers15.8833030
Other Nondepository Credit Intermediation15.8332930
Computer Systems Design and Related Services15.8132870
Accommodation and Food Services15.832860
Traveler Accommodation15.832860
Casino Hotels15.7232690
Colleges, Universities, and Professional Schools (including private, state, and local government schools)15.6332500
Colleges, universities, and professional schools, Privately owned15.532250
Other Professional, Scientific, and Technical Services15.532240
Real Estate and Rental and Leasing15.2731760
Building Material and Garden Equipment and Supplies Dealers15.2331670
Building Material and Supplies Dealers15.2131640
Rental and Leasing Services14.830770
Automotive Equipment Rental and Leasing14.5630280
Furniture and Home Furnishings Stores14.4129960
Furniture Stores13.8928900
Consumer Goods Rental13.5428150
Sporting Goods, Hobby, Musical Instrument, and Book Stores12.1725300
Sporting Goods, Hobby, and Musical Instrument Stores12.1725300
Sporting Goods Stores12.1725300

Not all industries pay the same for Credit Authorizers.

One of the easiest way to increase your salary is to change industries and find a higher paying one.

Highest paying states


Another simple way to boost your pay as A Credit Authorizer is to move to a higher paying state. However moving to a higher paying state like WA doesn’t mean you will make more overall. This is because the expenses at WA may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Credit Authorizers are in the states of WA, CO, CA, OR and NY. The average salary in WA is $49170.

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Rank: B
Salary: $56890

They determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Rank: A
Salary: $73670

They evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
Rank: B+
Salary: $73000

They prepare customs documentation and ensure that shipments meet all applicable laws to facilitate the import and export of goods. Determine and track duties and taxes payable and process payments on behalf of client. Sign documents under a power of attorney. Represent clients in meetings with customs officials and apply for duty refunds and tariff reclassifications. Coordinate transportation and storage of imported goods.
Rank: D
Salary: $40240

They compile information and records to draw up purchase orders for procurement of materials and services.
Rank: C
Salary: $50120

They perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.

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