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Credit Counselor

Credit Counselor

  • Help individuals manage debt and achieve financial stability.
  • Make a positive impact by guiding clients toward financial freedom.
  • Develop personalized plans to tackle debt and improve credit health.
💰 Earn $50K-$75K
📚 Bachelor Degree

Overview

Advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explain loan requirements or restrictions. May help develop debt management plans or student financial aid packages. May advise on credit issues, or provide budget, mortgage, bankruptcy, or student financial aid counseling.

Scoop

Minimum Education

Bachelor Degree

Career Prospects

Good (Increasing by 1-5%)

Training Time

2 to 4 years

Job Openings

2,300 in Total

Earnings

$62,430 Med. in CA

$0

$25K

$50K

$75K

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$125K

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$225K

$250K

Day-to-Day

  • Calculate clients' available monthly income to meet debt obligations.
  • Explain services or policies to clients, such as debt management program rules, advantages and disadvantages of using services, or creditor concession policies.
  • Create debt management plans, spending plans, or budgets to assist clients to meet financial goals.
  • Prioritize client debt repayment to avoid dire consequences, such as bankruptcy or foreclosure or to reduce overall costs, such as by paying high-interest or short-term loans first.
  • Assess clients' overall financial situations by reviewing income, assets, debts, expenses, credit reports, or other financial information.

Best For You If...

YOU Like 💕

  • Influencing or leading others
  • Using data or completing tasks
  • Relating with or serving others

You are skilled in 💫

  • Active Listening
  • Speaking
  • Critical Thinking
  • Reading Comprehension
  • Systems Analysis
  • Systems Evaluation

You value 🙏

  • Accomplishing things
  • Independence
  • Having freedom
  • Achievement
  • Relationships
  • Personal relationships

In Action

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Credit Counselor

This short video gives an overview of what this career is all about.

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