LOAN COUNSELORS

CAREER 101

FOR DUMMIES

WHAT THEY DOLoan Counselors provide guidance to prospective

loan applicants who have problems qualifying for

traditional loans. This may include determining the

best type of loan and explaining loan requirements

or restrictions.

WHAT ELSE THEY DOThey also check loan agreements to ensure that they

are complete and accurate, according to policies.

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SALARYAverage salary: $49,310 per year

Hourly wage: $23.70 per hour

Source: bls.gov

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"Choose a job you love andyou'll never have to work

a day in your life."- Confucius

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PROS #1Perfect if you are someone who likes to

lead and manage people and projects

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PROS #2Suitable for people who values

relationships between coworkers andcustomers and wants to work in a

friendly non-competitive environment

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CONS #1There are more suitable careers out

there if you are a practical person whoenjoys hands-on work

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CONS #2The salary for this job is below averagewhen compared with the other jobs out

there

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I LOVE MY JOB!63% of them said they were satisfied with their

job and 61% said they feel like their job is

making other people’s lives better.

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SHOULD I BE ONEPeople who are suitable for this job tends to like

starting up and carrying out projects. They like

leading people and making many decisions. 

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HOW TO BE ONE49% of Loan Counselors said they

had a Bachelors Degree

36% of them hold a High School Diploma

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WANT MORE ?You can find the full career info including:

How long does it take to be one

"Should I Be One" career quiz

What their typical day looks like

Click here: Everything you need to know about this career

Click here: Find a career or college that is right for you

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WHO ARE WEOwlGuru.com is the largest career and college

finder website. We help you to find a career and

college that is right for you.

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