What Are The Training Requirements for Credit Counselors?

Credit counselors need a bachelor's degree and moderate-term on-the-job training.

Degrees for Credit counselors
Typical education of Credit counselors
Percent
Less than High School 1.0
High School 13.8
Some College 23.3
Associates Degree 9.8
Bachelors Degree 41.0
Masters Degree 9.8
Doctorate or Professional Degree 1.3

What Is the Employment Outlook for Credit Counselors?

Over the next 10 years there will be aproximately 5,000 more credit counselors but, because of expected growth and replacement needs in the United States, we will need 10,000 more.

This career includes 32,000 people in the United States.

How Much Do Credit Counselors Make?

On average, credit counselors make $23.79 per hour or $49,480 per year in the United States.

What Is the Typical Hourly Income for Credit Counselors?

Hourly income for Credit counselors in the United States compared with other, similar careers.
Bottom 10% Bottom 25% Median Top 75% Top 90%
Credit counselors $14.19 $17.10 $21.34 $27.15 $36.17
Business and financial operations occupations $17.74 $23.78 $31.99 $43.47 $58.13
Financial specialists $18.61 $24.76 $33.07 $45.64 $63.36
Credit counselors and loan officers $15.53 $20.81 $29.34 $42.87 $61.85
National Average $9.27 $11.60 $17.81 $28.92 $45.45

What Is the Typical Annual Salary for Credit Counselors?

Annual salary for Credit counselors in the United States compared with other, similar careers.
Bottom 10% Bottom 25% Median Top 75% Top 90%
Credit counselors $29,510 $35,570 $44,380 $56,470 $75,220
Business and financial operations occupations $36,910 $49,460 $66,530 $90,410 $120,910
Financial specialists $38,700 $51,510 $68,780 $94,940 $131,800
Credit counselors and loan officers $32,310 $43,270 $61,030 $89,160 $128,660
National Average $19,290 $24,140 $37,040 $60,150 $94,540

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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