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Credit / Loan Counselor

Finance
Banking and Lending
Credit / Loan Counselor

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.

At a Glance

Credit / Loan Counselor earns an average of $55,500/yr. Typical education: High school or GED. Experience: 1.7–2.7 years. Top skills: Loans, Customer Service, Communication.

Avg Annual Salary

$55,500/yr

Typical Education

High school or GED

Experience

1.7–2.7 years

Job Postings

15

Parent Occupation (O*NET)

Credit Counselors

Median Wage

$50,480/yr

Growth (2024-34)

+3.3%

Education

Bachelor's degree

Skills & Requirements

Specialized Skills (12)

Loans

5.0

Collections

5.0

Finance

4.9

Mortgage Loans

4.9

Call Center Experience

4.9

Deposit Accounts

4.9

Loan Servicing

4.8

Financial Services

4.8

Real Estate

4.8

Loan Closing

4.8

Bilingual (Spanish/English)

4.8

Loan Documentation

4.7

Common Skills (18)

Customer Service

5.0

Communication

5.0

Computer Literacy

5.0

Sales

5.0

Detail Oriented

4.9

Microsoft Office

4.9

Multitasking

4.9

Operations

4.9

Management

4.9

Interpersonal Communications

4.8

Problem Solving

4.8

Prioritization

4.8

Analytical Skills

4.8

Research

4.7

Multilingualism

4.7

Related Specializations

Other specialized occupations in this field. Many share overlapping skills, making lateral moves more accessible.

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