Find & Apply For Credit / Loan Counselor Jobs In Your Location
Credit/Loan Counselors assess client financial situations, develop personalized repayment plans, and negotiate with creditors. They educate clients on budget management and the implications of debt. Counselors also maintain client records and follow up to ensure compliance with financial plans. This role requires strong communication and problem-solving skills. Below you can find different Credit / Loan Counselor positions in and around your location.
Industry Trends & Salary Expectations
Credit / Loan Counselors assist individuals in managing their debts and improving their financial stability. - Entry-level Credit Counselor salaries range from $35,000 to $45,000 per year - Mid-career Financial Advisor salaries range from $45,000 to $60,000 per year - Senior Debt Management Specialist salaries range from $60,000 to $85,000 per year The role of the Credit / Loan Counselor has roots in the early financial systems where advisors and moneylenders helped clients manage debts and assets. Over the centuries, this role has been formalized, particularly with the rise of consumer credit in the modern economy. The profession has seen significant transformation with the introduction of complex credit products and regulatory changes. This has necessitated a deeper understanding of finance, law, and personalized client management. Today, there is a growing focus on financial literacy and proactive debt management among consumers. Credit / Loan Counselors are increasingly leveraging digital tools and data analysis to provide real-time, customized advice to their clients.
