Credit counselor definition

Credit counselor means an employee or agent of an Agency who designs a debt management plan,
Credit counselor means an employee or agent of a credit counseling organization engaging in services described in subsection (3) of this section.
Credit counselor means an individual, corporation, or

Examples of Credit counselor in a sentence

  • This change actually makes us competitive in the state, whereas with a 60 credit hour program we would not be; a 60 hour program for School Counselors is not required in the state of Kentucky.

  • Credit counselor will provide equal by volunteers around with business debt collectors cannot be.


More Definitions of Credit counselor

Credit counselor means an employee or agent of a licensee who engages in debt settlement
Credit counselor means an employee or agent of an Agency who designs a debt management plan, provides consumer budget and basic financial planning services, or engages in debt settlement or debt pooling on a consumer's behalf.
Credit counselor means an individual, corporation, or other entity that is not a debt management service that provides (1) guidance, educational programs, or advice for the purpose of addressing budgeting, personal finance, financial literacy, saving and spending practices, or the sound use of consumer credit; or (2) assistance or offers to assist individuals and families with financial problems by providing counseling; or (3) a combination of the activities described in items (1) and (2) of this definition.
Credit counselor means a person who is an employee or agent of a credit counseling service and who designs debt management plans and provides consumers with budget, basic financial planning, and consumer education services.
Credit counselor means an employee or agent of a credit counseling organization engaging in services described in item (3).
Credit counselor means any person, partnership, firm, corporation or business entity advertising, promoting, or offering the type or category of credit counseling services required to be received as a pre-condition for filing a petition for bankruptcy under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, including, but not limited to, consideration of alternatives to resolve a client's credit problems and an analysis of the client's budget, current financial condition, factors that caused such financial condition, and how such client can develop a plan to respond to the problems without incurring negative amortization of debt.
Credit counselor means an employee or agent of a licensee who engages in debt settlement services on a consumer's behalf.