# Credit Counselors > Advise and educate individuals or organizations on acquiring and managing debt. May provide guidance in determining the best type of loan and explain loan requirements or restrictions. May help develop debt management plans or student financial aid packages. May advise on credit issues, or provide budget, mortgage, bankruptcy, or student financial aid counseling. - Code: 13-2071.00 (O*NET-SOC; SOC 2018 13-2071) - Family: [Business & Financial](https://foundation.org.ai/occupations#family-13), one of its 50 occupations - Tasks: 23 tasks (21 core and 2 supplemental) - Page: https://foundation.org.ai/occupations/13-2071.00 - JSON: https://foundation.org.ai/data/tasks/13-2071.00.json ## What the work is made of 1. Calculate clients' available monthly income to meet debt obligations. Core task · Task 18935 · Rated by 25 occupational experts, August 2020 2. Explain services or policies to clients, such as debt management program rules, advantages and disadvantages of using services, or creditor concession policies. Core task · Task 18938 · Rated by 25 occupational experts, August 2020 3. Create debt management plans, spending plans, or budgets to assist clients to meet financial goals. Core task · Task 18936 · Rated by 25 occupational experts, August 2020 4. Prioritize client debt repayment to avoid dire consequences, such as bankruptcy or foreclosure or to reduce overall costs, such as by paying high-interest or short-term loans first. Core task · Task 18943 · Rated by 25 occupational experts, August 2020 5. Assess clients' overall financial situations by reviewing income, assets, debts, expenses, credit reports, or other financial information. Core task · Task 18934 · Rated by 25 occupational experts, August 2020 6. Recommend strategies for clients to meet their financial goals, such as borrowing money through loans or loan programs, declaring bankruptcy, making budget adjustments, or enrolling in debt management plans. Core task · Task 18945 · Rated by 24 occupational experts, August 2020 7. Explain general financial topics to clients, such as credit report ratings, bankruptcy laws, consumer protection laws, wage attachments, or collection actions. Core task · Task 18952 · Rated by 25 occupational experts, August 2020 8. Interview clients by telephone or in person to gather financial information. Core task · Task 18939 · Rated by 24 occupational experts, August 2020 9. Estimate time for debt repayment, given amount of debt, interest rates, and available funds. Core task · Task 18937 · Rated by 25 occupational experts, August 2020 10. Prepare written documents to establish contracts with or communicate financial recommendations to clients. Core task · Task 18942 · Rated by 24 occupational experts, August 2020 11. Maintain or update records of client account activity, including financial transactions, counseling session notes, correspondence, document images, or client inquiries. Core task · Task 18940 · Rated by 25 occupational experts, August 2020 12. Negotiate with creditors on behalf of clients to arrange for payment adjustments, interest rate reductions, time extensions, or payment plans. Core task · Task 18941 · Rated by 25 occupational experts, August 2020 13. Advise clients on housing matters, such as housing rental, homeownership, mortgage delinquency, or foreclosure prevention. Core task · Task 18948 · Rated by 25 occupational experts, August 2020 14. Create action plans to assist clients in obtaining permanent housing via rent or mortgage programs. Core task · Task 18950 · Rated by 25 occupational experts, August 2020 15. Advise clients or respond to inquiries about financial matters in person or via phone, email, Web site, or Internet chat. Core task · Task 18933 · Rated by 25 occupational experts, August 2020 16. Review changes to financial, family, or employment situations to determine whether changes to existing debt management plans, spending plans, or budgets are needed. Core task · Task 18947 · Rated by 25 occupational experts, August 2020 17. Recommend educational materials or resources to clients on matters, such as financial planning, budgeting, or credit. Core task · Task 18944 · Rated by 25 occupational experts, August 2020 18. Refer clients to social service or community resources for needs beyond those of credit or debt counseling. Core task · Task 18946 · Rated by 25 occupational experts, August 2020 19. Explain loan information to clients, such as available loan types, eligibility requirements, or loan restrictions. Core task · Task 18953 · Rated by 25 occupational experts, August 2020 20. Teach courses or seminars on topics, such as budgeting, management of personal finances, or financial literacy. Core task · Task 18955 · Rated by 25 occupational experts, August 2020 21. Conduct research to help clients avoid repossessions or foreclosures or remove levies or wage garnishments. Core task · Task 18949 · Rated by 25 occupational experts, August 2020 22. Disburse funds from client accounts to creditors. Supplemental task · Task 18951 · Rated by 23 occupational experts, August 2020 23. Investigate missing checks, payment histories, held funds, returned checks, or other related issues to resolve client or creditor problems. Supplemental task · Task 18954 · Rated by 25 occupational experts, August 2020 ## More in Business & Financial - [Accountants and Auditors](https://foundation.org.ai/occupations/13-2011.00): 29 tasks - [Agents and Business Managers of Artists, Performers, and Athletes](https://foundation.org.ai/occupations/13-1011.00): 14 tasks - [Appraisers and Assessors of Real Estate](https://foundation.org.ai/occupations/13-2023.00): 30 tasks - [Appraisers of Personal and Business Property](https://foundation.org.ai/occupations/13-2022.00): 14 tasks - [Budget Analysts](https://foundation.org.ai/occupations/13-2031.00): 13 tasks - [Business Continuity Planners](https://foundation.org.ai/occupations/13-1199.04): 21 tasks - [Business Operations Specialists, All Other](https://foundation.org.ai/occupations/13-1199.00): no tasks listed - [Buyers and Purchasing Agents, Farm Products](https://foundation.org.ai/occupations/13-1021.00): 12 tasks - [Claims Adjusters, Examiners, and Investigators](https://foundation.org.ai/occupations/13-1031.00): 29 tasks - [Compensation, Benefits, and Job Analysis Specialists](https://foundation.org.ai/occupations/13-1141.00): 22 tasks - [Compliance Officers](https://foundation.org.ai/occupations/13-1041.00): 16 tasks - [Coroners](https://foundation.org.ai/occupations/13-1041.06): 20 tasks - [Cost Estimators](https://foundation.org.ai/occupations/13-1051.00): 14 tasks - [Credit Analysts](https://foundation.org.ai/occupations/13-2041.00): 11 tasks - [Customs Brokers](https://foundation.org.ai/occupations/13-1041.08): 23 tasks - [Environmental Compliance Inspectors](https://foundation.org.ai/occupations/13-1041.01): 26 tasks - [Equal Opportunity Representatives and Officers](https://foundation.org.ai/occupations/13-1041.03): 18 tasks - [Farm Labor Contractors](https://foundation.org.ai/occupations/13-1074.00): 7 tasks - [Financial and Investment Analysts](https://foundation.org.ai/occupations/13-2051.00): 26 tasks - [Financial Examiners](https://foundation.org.ai/occupations/13-2061.00): 17 tasks - [Financial Quantitative Analysts](https://foundation.org.ai/occupations/13-2099.01): 21 tasks - [Financial Risk Specialists](https://foundation.org.ai/occupations/13-2054.00): 30 tasks - [Financial Specialists, All Other](https://foundation.org.ai/occupations/13-2099.00): no tasks listed - [Fraud Examiners, Investigators and Analysts](https://foundation.org.ai/occupations/13-2099.04): 23 tasks - [Fundraisers](https://foundation.org.ai/occupations/13-1131.00): 28 tasks - [Government Property Inspectors and Investigators](https://foundation.org.ai/occupations/13-1041.04): 13 tasks - [Human Resources Specialists](https://foundation.org.ai/occupations/13-1071.00): 26 tasks - [Insurance Appraisers, Auto Damage](https://foundation.org.ai/occupations/13-1032.00): 7 tasks - [Insurance Underwriters](https://foundation.org.ai/occupations/13-2053.00): 7 tasks - [Labor Relations Specialists](https://foundation.org.ai/occupations/13-1075.00): 28 tasks - [Loan Officers](https://foundation.org.ai/occupations/13-2072.00): 30 tasks - [Logisticians](https://foundation.org.ai/occupations/13-1081.00): 22 tasks - [Logistics Analysts](https://foundation.org.ai/occupations/13-1081.02): 31 tasks - [Logistics Engineers](https://foundation.org.ai/occupations/13-1081.01): 30 tasks - [Management Analysts](https://foundation.org.ai/occupations/13-1111.00): 11 tasks - [Market Research Analysts and Marketing Specialists](https://foundation.org.ai/occupations/13-1161.00): 13 tasks - [Meeting, Convention, and Event Planners](https://foundation.org.ai/occupations/13-1121.00): 21 tasks - [Online Merchants](https://foundation.org.ai/occupations/13-1199.06): 34 tasks - [Personal Financial Advisors](https://foundation.org.ai/occupations/13-2052.00): 21 tasks - [Project Management Specialists](https://foundation.org.ai/occupations/13-1082.00): 20 tasks - [Purchasing Agents, Except Wholesale, Retail, and Farm Products](https://foundation.org.ai/occupations/13-1023.00): 19 tasks - [Regulatory Affairs Specialists](https://foundation.org.ai/occupations/13-1041.07): 30 tasks - [Search Marketing Strategists](https://foundation.org.ai/occupations/13-1161.01): 36 tasks - [Security Management Specialists](https://foundation.org.ai/occupations/13-1199.07): 23 tasks - [Sustainability Specialists](https://foundation.org.ai/occupations/13-1199.05): 14 tasks - [Tax Examiners and Collectors, and Revenue Agents](https://foundation.org.ai/occupations/13-2081.00): 21 tasks - [Tax Preparers](https://foundation.org.ai/occupations/13-2082.00): 12 tasks - [Training and Development Specialists](https://foundation.org.ai/occupations/13-1151.00): 20 tasks - [Wholesale and Retail Buyers, Except Farm Products](https://foundation.org.ai/occupations/13-1022.00): 20 tasks ## Where this comes from Quoted from O*NET 29.0, U.S. Department of Labor, Employment and Training Administration, under CC BY 4.0: free to copy and reuse, with credit. Nothing on this page is written by the Org.AI Foundation.