| Job Title |
Credit Counselor |
| Job Description |
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.
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