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Credit Counselor Jobs

Credit counselors help customers to use credit wisely. They work for businesses that give credit, like loan agencies, banks, credit unions, and large stores. Credit counselors help decide whether customers are likely to pay back the money that they want to borrow. Credit counselors may also get additional financial information about their customers from banks or credit bureaus. They advise their customers and extend credit to those customers whom they consider able and willing to pay the money back on time. Credit counselors can help people manage their money better. Credit counselors can sometimes arrange to stretch their clients' payments out over a longer period of time. Credit counselors can also help customers to avoid future trouble by teaching them how to handle their money wisely. They spend much of their time talking to customers.

Credit counselors need at least a high school education. Training or experience in social work is useful for counselors working in nonprofit agencies. Credit counselors learn most of their skills on the job. There are also several formal training courses that can help them to advance. Credit counselors must be able to make people feel at ease.
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