Credit Counselors
What Credit counselors 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.
Credit counselor Salaries
- 2020 employment: 33,800
- May 2021 median annual wage: $47,580
Job Outlook for Credit counselors
Projected employment change, 2020-30:
- Number of new jobs: 3,000
- Growth rate: 9 percent (As fast as average)
How to Become a Credit counselor
Education and training:
- Typical entry-level education: Bachelor's degree
- Work experience in a related occupation: None
- Typical on-the-job training: Moderate-term on-the-job training
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*Some content used by permission of the Bureau of Labor Statistics, U.S. Department of Labor.