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Consumer credit counselor vs certified personal finance counselor

The differences between consumer credit counselors and certified personal finance counselors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a consumer credit counselor and a certified personal finance counselor. Additionally, a consumer credit counselor has an average salary of $59,491, which is higher than the $48,474 average annual salary of a certified personal finance counselor.

The top three skills for a consumer credit counselor include inbound calls, debt management and consumer credit. The most important skills for a certified personal finance counselor are money management, credit management, and interest rates.

Consumer credit counselor vs certified personal finance counselor overview

Consumer Credit CounselorCertified Personal Finance Counselor
Yearly salary$59,491$48,474
Hourly rate$28.60$23.30
Growth rate-15%
Number of jobs34,014139,819
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 46%
Average age4545
Years of experience22

Consumer credit counselor vs certified personal finance counselor salary

Consumer credit counselors and certified personal finance counselors have different pay scales, as shown below.

Consumer Credit CounselorCertified Personal Finance Counselor
Average salary$59,491$48,474
Salary rangeBetween $37,000 And $94,000Between $32,000 And $71,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between consumer credit counselor and certified personal finance counselor education

There are a few differences between a consumer credit counselor and a certified personal finance counselor in terms of educational background:

Consumer Credit CounselorCertified Personal Finance Counselor
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 46%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Consumer credit counselor vs certified personal finance counselor demographics

Here are the differences between consumer credit counselors' and certified personal finance counselors' demographics:

Consumer Credit CounselorCertified Personal Finance Counselor
Average age4545
Gender ratioMale, 36.1% Female, 63.9%Male, 40.8% Female, 59.2%
Race ratioBlack or African American, 8.9% Unknown, 4.7% Hispanic or Latino, 14.4% Asian, 7.1% White, 64.4% American Indian and Alaska Native, 0.5%Black or African American, 9.6% Unknown, 4.5% Hispanic or Latino, 16.7% Asian, 4.8% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between consumer credit counselor and certified personal finance counselor duties and responsibilities

Consumer credit counselor example responsibilities.

  • Manage counsel for all IP and employment matters.
  • Implement localization of subscription license agreement and IP in Mexico and Brazil.
  • Assist with counseling clients that are in foreclosure referring them to programs within the company and other agencies.
  • Assist borrower in filling out various foreclosure prevention documents.
  • Develop and handle all aspects of litigation in Connecticut.
  • Remain non-denominational, open, flexible and ecumenical in service to patients while also providing additional resources from local spiritual communities.
  • Show more

Certified personal finance counselor example responsibilities.

  • Lead cleanup of company database and files with pending patient and insurance payments through Meditech software program.
  • Provide assistance to uninsure patients and families in completing and filing Medicaid or assistance program applications with the appropriate agency.
  • Represent MMI professionally and effectively to all constituents through participation in professional development programs and through the certification process.

Consumer credit counselor vs certified personal finance counselor skills

Common consumer credit counselor skills
  • Inbound Calls, 10%
  • Debt Management, 9%
  • Consumer Credit, 8%
  • Medication Administration, 7%
  • Action Plan, 7%
  • Payment Arrangements, 5%
Common certified personal finance counselor skills
  • Money Management, 55%
  • Credit Management, 22%
  • Interest Rates, 22%
  • Customer Service, 0%
  • Inbound Calls, 0%
  • Debt Management, 0%

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