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TITLE(s): CREDIT COUNSELOR (profess. & kin.) Provides financial counseling to individuals in debt: Confers with client to ascertain available monthly income after living expenses to meet credit obligations. Calculates amount of debt and funds available to plan method of payoff and estimate time for debt liquidation. Contacts creditors to explain client's financial situation and to arrange for payment adjustments so that payments are feasible for client and agreeable to creditors. Establishes payment priorities to reduce client's overall costs by liquidating high-interest, short-term loans or contracts first. Opens account for client and disburses funds from account to creditors as agent for client. Keeps records of account activity. May counsel client on personal and family financial problems, such as excessive spending and borrowing of funds, and be designated Budget Consultant (profess. & kin.). May be required to be licensed by state agency. GOE: 07.01.01 STRENGTH: S GED: R5 M5 L5 SVP: 7 DLU: 77 ONET CROSSWALK: 21199B Financial Counselors |
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CODE: 160.207-010 Buy the DOT: Download
TITLE(s):
CREDIT COUNSELOR (profess. & kin.)
Provides financial counseling to individuals in debt: Confers with client to ascertain available
monthly income after living expenses to meet credit obligations. Calculates amount of debt and funds
available to plan method of payoff and estimate time for debt liquidation. Contacts creditors to
explain client's financial situation and to arrange for payment adjustments so that payments are
feasible for client and agreeable to creditors. Establishes payment priorities to reduce client's
overall costs by liquidating high-interest, short-term loans or contracts first. Opens account for
client and disburses funds from account to creditors as agent for client. Keeps records of account
activity. May counsel client on personal and family financial problems, such as excessive spending
and borrowing of funds, and be designated Budget Consultant (profess. & kin.). May be required to be
licensed by state agency.
GOE: 07.01.01 STRENGTH: S GED: R5 M5 L5 SVP: 7 DLU: 77
ONET CROSSWALK: 21199B Financial Counselors
© 1995 - 2015 Photius Coutsoukis and Information Technology Associates (All Rights Reserved). Revised 26-May-03