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Q: What are the qualifications to become a debt counselor?
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What are the qualifications to become a counselor?

There are may types of counselors, the most common is the psychologist, and all you need for that is a master's degree.


Where can I call to get debt counseling?

Everyone has an issue with debt sometime or another. There are many places to speak with a debt counselor. Most debt consolidators will offer you to speak with a counselor.


Will a credit counseler help you get a debt settlement on your credit card?

A credit counselor may be able to help you get a debt settlement on your credit card. It will depend on if the counselor only gives you ways to get out of debt or if they are a settlement counselor.


What are the requirements to become a counselor?

requiirements to become a counselor


What qualifications are required work as a counselor?

The qualifications required to work as a counselor typically include some psychological classes as well as some classes to learn how to provide therapy to someone. A typical counselor will spend about 6 years in school.


Debt Counselor?

A Debt Counselor is a professional who is trained to assist people with debt management problems. When a person becomes a Debt Counselor they will be hired by individuals who need financial assistance. The Debt Counselor will work with the person who hired them to find out where the problem is at concerning the individual’s financial situation. The Debt Counselor will use different techniques such as budgeting, consolidation, and debt negotiation to help the client get back on track. A Debt Counselor will help the individual by first determining the amount of debt they owe. Then they must figure up what the person or couple can afford to pay per month. They assist the customer by organizing an affordable monthly payment plan to help pay off all of their debts in one combined payment. After the payment plan is worked out, the customer will send the payment to their Debt Counselor. The Debt Counselor will then send small payments monthly to each of the creditors that money is owed. If possible, the Debt Counselor will try to work with the companies that are owed money to get the amount owed or the interest rate reduced. Also included in the monthly payment will be the fee to the Debt Counselor for their services. It is the duty of a Debt Counselor to determine if the payment plan for their client is realistic. They will state whether or not they feel that the payment plan will work. If the Debt Counselor feels it will not work, they may recommend that the client file for bankruptcy. Other areas that a Debt Counselor will assist an individual with are their daily spending habits. They work with their client to try to reduce the amount of money that is spent for items that are not necessary. They will help plan a budget and organize with their client how much they can spend, and where. All pay will be reported and organized through the hired Debt Counselor. An individual will be considered for a position as a Debt Counselor if they have a degree in Business, Education, or even Psychology. Sometimes a person may be hired if they have Accounting and other credit industry experience as well. It is very important to know how to read a credit report from the major reporting companies such as Experian, EquiFax, and TransUnion. The more experience a person has, the better the chance they have in becoming a Debt Counselor. An experienced Debt Counselor will average around $50,000- $55,000 per year.


How can I get myself out of debt?

Start paying off your debts as much as you can by settling debts starting from the highest interest rate to lowest interest rate. If your debts are overwhelming, I suggest you consult a debt counselor and/or work overtime/extra to become debt free faster.


Qualifications to become a health visitor?

what qualifications do you need to become a health visitor


What qualifications are needed to become a debt recovery agent in the UK?

None ! Debt recovery agencies simply 'buy' the debts from companies who are owed money - they then write to the customer or 'debtor' and tell them they will be taking steps to recover the debt. This can be either through the courts, or by doorstep collection.


Who does one talk to when you need money fast?

"When one needs fast money, a good person to talk to would be a credit counselor. A credit counselor can educate you on how to come out of debt and avoid future debt."


What qualifications do you need to become a GP nurse?

what qualifications do you need to become a general practitioner


What training do communty counselors need?

The qualifications for a community counselor can vary by location. Generally speaking, a counselor would have a Masters Degree in social work, or psychology.