Career Profile

Credit Counselors

Education Bachelor's
This is the typical education required for an entry-level position.
Earnings $37,500
This is the typical median salary earned for an entry-level position.

Credit Counselors advise and educate individuals or organizations on acquiring and managing debt.

General Information

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.

Credit Counselors

Occupational Outlook

For the Rural Capital Area

8

Job Opportunities

Over the next five years, an average of 8 openings per year are projected for Credit Counselors.

+18.0%

Employment Change

Employment for Credit Counselors is forecasted to increase on par with the regional average by 18.0% between 2023 and 2028.

$18.04

Earnings Potential

An average worker in this occupation is paid $18.04/hour. Entry level workers are paid $16.06, while experienced workers are paid $21.89. The median wage is comparable to average regional wages across occupations.

Local Employment Opportunities

There are 62 Credit Counselors in the RCA region. By 2028 this number could reach 73.

Top 5 Employing Industries, Locally

The top industries employing Credit Counselors are Nondepository Credit Intermediation, Colleges, Universities, and Professional Schools, and Other Professional, Scientific, and Technical Services.

Knowledge Areas

The top most significant knowledge categories for Credit Counselors include Customer and Personal Service, English Language, and Mathematics.

Educational Attainment Patterns

The most common level of education for Credit Counselors is Bachelor's. 50% of people employed in these roles have some form of college degree.

Sources: BLS   JobsEQ®   ONET