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 explaining loan requirements or restrictions. May help develop debt management plans, advise on credit issues, or provide budget, mortgage, and bankruptcy counseling.

Credit counselor Salaries

• 2014 employment: 32,600
• May 2015 median annual wage: $43,840

Job Outlook for Credit counselors

Projected employment change, 2014–24:

• Number of new jobs: 5,000
• Growth rate: 15 percent (Much faster than 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.

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