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Automation Risk Analysis

Will “Farm Loan Inspector” be Automated?

Historical Context: Oxford Study (2013)

Ranked #667 of 702. Estimated risk: 97.0%

Directly assessed by researchers as likely automatable
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AI Exposure Risk

56%

“Farm Loan Inspector” will maybe be replaced by AI.

Based on the cognitive demands, communication requirements, and logical reasoning intrinsic to this occupation according to O*NET data, we project a 56% probability of disruption by generative AI and Large Language Models.

Automation & Robot Risk

25%

“Farm Loan Inspector” will almost certainly not be replaced by robots.

Evaluating the physical dexterity, repetitive motion tasks, and manual labor associated with this role, our analysis indicates a 25% likelihood of substitution by advanced robotics systems.

Personal & Financial Insights

Every occupation has a unique profile. For Credit Authorizers, Checkers, and Clerks, the Bureau of Labor Statistics and O*NET classify the day-to-day work broadly as: Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial data, determine credit worthiness, process applications, and notify customers of acceptance or rejection of credit.

Avg. Annual Salary $51,270
Avg. Hourly Wage $24.65
Available Jobs (US) 11,960
Job Title & Hierarchy Code (SOC) Credit Authorizers, Checkers, and Clerks #43-4041
Wage vs. National Median
ℹ️

Data is based on the reference occupation: “Credit Authorizers, Checkers, and Clerks”

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Core Skills & Abilities

  • Mail charge statements to customers.

  • Compile and analyze credit information gathered by investigation.

  • Relay credit report information to subscribers by mail or by telephone.

  • Review individual or commercial customer files to identify and select delinquent accounts for collection.

  • Interview credit applicants by telephone or in person to obtain personal and financial data needed to complete credit report.

  • File sales slips in customers' ledgers for billing purposes.

  • Prepare reports of findings and recommendations.

  • Prepare credit cards or charge account plates.

  • Receive charge slips or credit applications by mail, or receive information from salespeople or merchants by telephone.

  • Keep records of customers' charges and payments.

  • Contact former employers and other acquaintances to verify applicants' references, employment, health history, or social behavior.

  • Examine city directories and public records to verify residence property ownership, bankruptcies, liens, arrest record, or unpaid taxes of applicants.

  • Call customers to collect payment on delinquent accounts.

  • Obtain information about potential creditors from banks, credit bureaus, and other credit services, and provide reciprocal information if requested.

  • Consult with customers to resolve complaints or verify financial or credit transactions.

  • Evaluate customers' computerized credit records and payment histories to decide whether to approve new credit, based on predetermined standards.

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