Credit Counselors

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Accredited Financial Counselor, Certified Credit Counselor, Financial Coach, Housing Counselor

What they do:
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.
On the job, you would:
  • Create debt management plans, spending plans, or budgets to assist clients to meet financial goals.
  • Assess clients' overall financial situations by reviewing income, assets, debts, expenses, credit reports, or other financial information.
  • Calculate clients' available monthly income to meet debt obligations.

Knowledge

Business

  • customer service
  • administrative services

Arts and Humanities

  • English language

Education and Training

  • teaching and course design

Math and Science

  • arithmetic, algebra, geometry, calculus, or statistics

Skills

Basic Skills

  • listening to others, not interrupting, and asking good questions
  • reading work related information

Problem Solving

  • noticing a problem and figuring out the best way to solve it

People and Technology Systems

  • thinking about the pros and cons of different options and picking the best one
  • measuring how well a system is working and how to improve it

Abilities

Verbal

  • communicate by speaking
  • communicate by writing

Ideas and Logic

  • use rules to solve problems
  • make general rules or come up with answers from lots of detailed information

Math

  • add, subtract, multiply, or divide
  • choose the right type of math to solve a problem

Personality

People interested in this work like activities that include data, detail, and regular routines.

They do well at jobs that need:

  • Sincerity
  • Empathy
  • Self-Control
  • Social Orientation
  • Cooperation
  • Cautiousness

Technology

You might use software like this on the job:

Data base user interface and query software

  • CoreLogic DebtorTrace
  • Microsoft Access Hot Technology

Presentation software

  • Microsoft PowerPoint Hot Technology In Demand

Financial analysis software

  • Freddie Mac Loan Prospector
  • Prime Debt Software Credit Repair

Education

Education: (rated 3 of 4)
bachelor's degree or
high school diploma/GED
usually needed

Get started on your career:

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Job Outlook

Average
New job opportunities are likely in the future.
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See more details at O*NET OnLine about Credit Counselors.