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Loan Counselors Career Overview

Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.

Salary for Loan Counselors

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 25th
Percentile
75th
Percentile
Mean
U.S. $31,000
($14.90)
$47,580
($22.88)
$41,970
($20.18)
Annual figures are on top. Hourly figures are below in parentheses.
N/A = Information not available


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Job Zone Description

Job Zone 4 - Preparation needed

Overall Experience
A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant needs four years of college and several years of accounting work to be considered qualified.

Education
Most of these occupations require a four-year bachelor's degree, but some do not.

Job Training
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Examples
Accountants, chefs and head cooks, computer programmers, historians, and police detectives.

These occupations often involve coordinating, supervising, managing, and/or training others.

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Related Occupations

1.

Billing, Cost, and Rate Clerks

2.

Brokerage Clerks

3.

Credit Analysts

4.

Financial Analysts

5.

Loan Interviewers and Clerks

6.

New Accounts Clerks

7.

Personal Financial Advisors

8.

Tax Examiners, Collectors, and Revenue Agents

9.

Tax Preparers

10.

Tellers

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