Disbursement Clerk

Verify accuracy of consumer loan applications and record loans.
picture of Disbursement Clerk

Quick Stats

Salary Range
$23,000 – $50,000

Data from U.S. Department of Labor

What do Disbursement Clerks do?

Verifies accuracy of consumer loan applications and records loan: Compares original application against credit report. Types checks for approved loans. Prepares loan work sheet, insurance record, credit report, and application copy for each loan. Records loan and types daily report of loan transactions, using computer. Prepares payment book and mails payment book to customer. Answers customer questions, such as current rates and date loan checks were issued.

Should I be a Disbursement Clerk?

You should have an associate's degree or higher and share these traits:
  • Detail Oriented: You pay close attention to all the little details.
  • Trustworthy: You are known for your personal integrity and honesty.
  • Levelheaded: You hold your emotions in check, even in tough situations.

  • How to become a Disbursement Clerk

    Disbursement Clerks often have an Associate's degree. Chart?chd=s:rr9gaa&chl=no+college+%2828%25%29|certificate+%2828%25%29|associate%27s+%2840%25%29|bachelor%27s+%284%25%29||&cht=p3&chs=466x180&chxr=0,28,40
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