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Credit Counselor

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AVG. SALARY

$57,390

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Increasing

Real-Life Activities

Real-Life Decision Making -- Solution

You tell your client his only option is to file for bankruptcy.

You've reviewed your client's financial situation a dozen times. He would need to make twice as much as he is making now. There is no feasible way for him to consolidate all of his bills into a payment that he can afford.

If you do consolidate his bills, then he won't have any money left to live on each month, even with a second job.

You decide to tell him that his only option is to file for bankruptcy. But you spend a lot of time explaining to him how he can recover from a bankruptcy.

"There really is no typical day in this business," says credit counselor Michael Kidwell. "People call with $200,000 to $300,000 worth of debt. They threaten suicide. They are depressed. We deal with money behavioral problems. It varies every day."


Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.