Course description
Understanding and Managing Personal Debt course. This 5-day course is designed to provide you with a comprehensive understanding of debt counselling and the tools needed to help individuals manage their personal debt. You will learn about financial analysis, budgeting, debt management plans, credit counseling, and debt settlement negotiations.
Through practical exercises and case studies, you will be able to apply the concepts learned during the course and develop practical skills for debt counselling. By the end of the course, you will have the knowledge and experience needed to help individuals effectively manage their personal debt.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
This course is designed for individuals who are interested in learning about debt counselling and those who wish to pursue a career in debt counselling. It is also beneficial for individuals who work in financial institutions, credit counseling agencies, or any other organizations that deal with personal debt. This course is suitable for:
- Financial planners and advisors
- Debt counsellors and advisors
- Credit counselors and advisors
- Loan officers and financial institution staff
- Anyone interested in learning about personal debt and debt counselling
This course is open to individuals with any level of experience in the field of finance or debt counselling. Whether you are just starting out or are looking to enhance your skills and knowledge in this area, this course will provide you with the tools and practical experience needed to be effective in managing personal debt.
Outcome / Qualification etc.
- Develop a comprehensive understanding of personal debt and its impact on individuals and society.
- Learn how to conduct a financial analysis of a client’s personal finances and develop effective budgeting and debt management plans.
- Gain practical skills in credit counseling and learn effective negotiation strategies for debt settlement negotiations.
- Apply the concepts learned during the course to real-world case studies and exercises to develop practical skills for debt counselling.
- Obtain a comprehensive understanding of the role of debt counselling in managing personal debt, and be able to effectively assist individuals in managing their personal debt.
Training Course Content
Day 1
Introduction to Personal Debt
- Understanding personal debt and its impact on individuals and society
- Types of personal debt: secured vs unsecured debt, revolving vs installment debt
- Understanding credit scores and credit reports
- Introduction to debt counselling: what it is and why it’s important
Day 2
Financial Analysis and Budgeting
- Conducting a financial analysis of a client’s personal finances
- Developing a budget and identifying areas for cost cutting
- Understanding the role of income, expenses, and debt in a client’s financial situation
- Developing a debt management plan
Day 3
Credit Counseling
- Understanding the role of credit counseling in debt counselling
- Identifying strategies for credit repair and improving credit scores
- Negotiating with creditors and developing payment plans
- Identifying strategies for debt consolidation
Day 4
Debt Settlement Negotiations
- Understanding the role of debt settlement negotiations in debt counselling
- Identifying the different types of debt settlement negotiations
- Understanding the pros and cons of debt settlement negotiations
- Developing effective negotiation strategies
Day 5
Case Studies and Practical Exercises
- Applying the concepts learned throughout the course to real-world case studies
- Developing practical skills for debt counselling
- Reviewing the skills and knowledge acquired throughout the course
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...