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Debt management counselor vs credit support counselor

The differences between debt management counselors and credit support 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 debt management counselor and a credit support counselor. Additionally, a debt management counselor has an average salary of $58,503, which is higher than the $47,130 average annual salary of a credit support counselor.

The top three skills for a debt management counselor include legal advice, in-house and risk management. The most important skills for a credit support counselor are credit reports, , and .

Debt management counselor vs credit support counselor overview

Debt Management CounselorCredit Support Counselor
Yearly salary$58,503$47,130
Hourly rate$28.13$22.66
Growth rate10%15%
Number of jobs88,98191,763
Job satisfaction--
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 41%
Average age4545
Years of experience22

Debt management counselor vs credit support counselor salary

Debt management counselors and credit support counselors have different pay scales, as shown below.

Debt Management CounselorCredit Support Counselor
Average salary$58,503$47,130
Salary rangeBetween $41,000 And $81,000Between $30,000 And $73,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between debt management counselor and credit support counselor education

There are a few differences between a debt management counselor and a credit support counselor in terms of educational background:

Debt Management CounselorCredit Support Counselor
Most common degreeBachelor's Degree, 49%Bachelor's Degree, 41%
Most common majorLawBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Debt management counselor vs credit support counselor demographics

Here are the differences between debt management counselors' and credit support counselors' demographics:

Debt Management CounselorCredit Support Counselor
Average age4545
Gender ratioMale, 39.9% Female, 60.1%Male, 58.7% Female, 41.3%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.8% Asian, 6.3% White, 63.7% American Indian and Alaska Native, 0.5%Black or African American, 6.9% Unknown, 4.5% Hispanic or Latino, 11.2% Asian, 5.2% White, 71.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between debt management counselor and credit support counselor duties and responsibilities

Debt management counselor example responsibilities.

  • Manage the dispute resolution/litigation process; responding to and resolving threaten litigation; responding to subpoenas and regulatory inquiries and investigations.
  • Manage the dispute resolution/litigation process; responding to and resolving threaten litigation; responding to subpoenas and regulatory inquiries and investigations.
  • Represent MMI professionally and effectively to all constituents through participation in professional development programs and through the certification process.

Credit support counselor example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • 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.

Debt management counselor vs credit support counselor skills

Common debt management counselor skills
  • Legal Advice, 16%
  • In-House, 12%
  • Risk Management, 11%
  • Litigation, 9%
  • Real Estate, 9%
  • Legal Issues, 8%
Common credit support counselor skills
  • Credit Reports, 100%

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