Debt advisers – also known as debt counsellors, money advisers and financial advisers – work with people who are struggling to pay off debt. They help their clients to find ways to repay debt affordably and provide advice on dealing with the impacts of debt. Clients could be struggling to meet their mortgage payments or rent, or have difficulties paying back a loan.
Other responsibilities of the job include:
- researching cases
- identifying and discussing appropriate options
- providing information
- offering support
- compiling financial statements
- preparing/distributing publicity materials and displays
- attending meetings
- liaising with other organisations when referring clients on.
Clients may be in crisis situations with complex problems that take time to resolve, so debt advisers need patience and resilience to guide people through these difficult situations. They may work shifts if their employer provides telephone advice.
Typical employers of debt advisers
- Charities and voluntary organisations
- Citizens Advice
- Community centres
Vacancies are usually advertised via local voluntary organisations, community centres, local authorities and private organisations that offer debt advice. You'll also find them via the Citizens Advice and AdviceUK websites.
You don't need a degree to become a debt adviser, but work experience involving supporting people or providing advice will strengthen your application. Look for voluntary work via your university or local volunteer bureau, or search for opportunities online.
In this line of work, personality and relevant experience are usually more important than your degree subject, although qualifications in law, counselling, guidance, psychology, education, social/community work, public administration or social sciences can be helpful. Customer service experience and problem-solving skills will also help your application, even if you haven't gained them in this sector.
You'll need to be resourceful and good at solving problems. Other useful skills and qualities include: