The average annual salary for Credit analysts in the USA is $81,199.46, equivalent to an hourly rate of $39.04.
Credit analysts are responsible for analyzing the creditworthiness of individuals or businesses seeking to obtain a loan or line of credit.
They review financial statements, credit reports, and other relevant information to assess the likelihood that the borrower will be able to repay the debt.
Additionally, they may also evaluate the potential risks associated with the loan, such as market conditions or industry trends.
By providing their insights and recommendations, credit analysts help financial institutions make informed decisions about extending credit to applicants.
Their work is crucial in minimizing the risk of default and ensuring the financial stability of the lending institution.
Gain insights into income distributions with this visualization of average salaries across various states in the United States.
It's essential to acknowledge that the absence of data in certain instances leads to the creation of zero-value buckets, impacting the representation of seniority and percentiles.
Furthermore, variations in average salaries among different states can result in peculiar aggregations. This anomaly is a reflection of the diverse economic conditions, workforce structures, and available data across states.
Jobs that fall into this category may have comparable salary ranges, hourly rates, or overall remuneration.