Many people dream of buying a house...
or going to college...
but these plans, and many others,
cost more money than most people have.
That's where credit and loan counselors
and officers come in
-they help people find the best ways
to borrow the money they need.
Loan officers meet with people
applying for loans.
They examine applicants' financial records
and determine just how much money
they may be able to borrow.
Some people have financial problems
that can make it difficult for them to
borrow using traditional options...
loan counselors search for alternatives.
Once they've found an appropriate loan,
counselors explain what financial regulations
are involved.
Credit counselors help customers
resolve financial issues,
from creating a plan to pay off debt,
to finding a financial aid program for college.
Financial matters can be tedious
and frustrating to handle,
so a steady demeanor is helpful.
This work requires the ability to
listen carefully
and explain complicated issues simply.
Credit and loan officers and counselors
work in banks, higher education,
and in mortgage firms.
In addition to math skills,
they must be detail-oriented
to accurately complete loan documents.
These professionals usually have a
degree in finance or economics.
If you like helping people
and you're good with numbers,
your skills could lend themselves
to a career as a credit professional.