Occupational Employment Statistics
13-2071 Credit Counselors
Advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explaining loan requirements or restrictions. May help develop debt management plans, advise on credit issues, or provide budget, mortgage, and bankruptcy counseling.
|
Southeast Minnesota
| 90 | 44 | $20.73/hr | $11.61/hr | $14.42/hr | $19.86/hr | $24.61/hr | $29.77/hr |
| Financial Activities | N/A | $23.04/hr |
| Professional and Business Services | 250 | $24.60/hr |
| Education and Health Services | 210 | $22.86/hr |
|
Eligibility Interviewers, Government Programs
| N/A | $25.18/hr | 7.7% |
|
Securities, Commodities, and Financial Services Sales Agents
| 9,240 | $41.58/hr | 4.0% |
|
Insurance Sales Agents
| 8,090 | $29.13/hr | 9.0% |
|
Arbitrators, Mediators, and Conciliators
| 30 | $42.38/hr | N/A |
|
Tax Preparers
| 1,350 | $26.02/hr | 10.7% |
|
Loan Officers
| 8,550 | $35.96/hr | 8.1% |
|
Insurance Underwriters
| 1,750 | $35.09/hr | -8.4% |
|
Correspondence Clerks
| N/A | $22.72/hr | 3.1% |
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Human Resources Specialists
| 13,000 | $30.74/hr | 5.4% |
|
Human Resources Assistants, Except Payroll and Timekeeping
| 3,170 | $21.52/hr | -3.4% |
- Maintain current knowledge of credit regulations.
- Contact applicants or creditors to resolve questions about applications or to assist with completion of paperwork.
- Recommend strategies for clients to meet their financial goals, such as borrowing money through loans or loan programs, declaring bankruptcy, making budget adjustments, or enrolling in debt management plans.
- Assess clients' overall financial situation by reviewing income, assets, debts, expenses, credit reports, or other financial information.
- Advise clients or respond to inquiries about financial matters in person or via phone, email, Web site, or Internet chat.
- Calculate clients' available monthly income to meet debt obligations.
- Interview clients by telephone or in person to gather financial information.
- Prepare written documents to establish contracts with or communicate financial recommendations to clients.
- Prioritize client debt repayment to avoid dire consequences, such as bankruptcy or foreclosure or to reduce overall costs, such as by paying high-interest or short-term loans first.
- Maintain or update records of client account activity, including financial transactions, counseling session notes, correspondence, document images, or client inquiries.