Education and Experience: Minimum 1st degree. 3 - 5 years working experience is fine. Credit Manager Duties and Responsibilities: Evaluate potential customers’ creditworthiness, Maintain detailed records of company loans, Approve or reject loan requests from customers, Calculate and set loan interest rates, Negotiate loan terms with new customers, Monitor customers’ loan payments, Review and update the company’s credit policy when necessary, Create a credit scoring model to assess risks.