Business & Finance Careers & Employment

How to Become a Debt Counselor

    • 1). Make sure you meet the minimum requirements. Most organizations that hire debt counselors seek individuals with a bachelor's degree in psychology, education or business. However, individuals who have previous experience working in the credit industry are also considered for these positions.

    • 2). Update your resume to highlight skills employers are seeking. Highlight skills important to hiring managers such as experience creating debt management plans and proven experience negotiating with lenders. You should also mention your ability to accurately read credit reports from all three reporting agencies: TransUnion, Experian and EquiFax.

    • 3). Apply for debt counselor positions. Check job boards such as Monster and HotJobs (see Resources) to find these positions. Also, search the title "Financial Counselor," which is a different name for the same job.

    • 4). Contact the hiring manager before submitting your resume. Maximizing the hiring manager's contact to your application materials may help get you hired. Before submitting your application, contact the hiring manager and express your interest in the position. Then follow up by sending your resume through email and regular mail. This gives the hiring manager three separate exposures to your materials.

    • 5). Pursue opportunities for advancement. Once you have a few years of experience under your belt, you can apply for senior debt counselor positions, handling more complicated cases.

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