Level 3 Award in Dealing with Consumer Debtors in Financial Hardship
London School of Planning and Management
Course Details
Are you looking to enhance your skills in dealing with consumer debtors facing financial hardship? The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is designed to provide you with the knowledge and expertise needed to effectively assist individuals in challenging financial situations. This course covers key topics such as understanding debt collection regulations, negotiating repayment plans, and providing support to debtors in need. Enroll now to advance your career in debt management and make a positive impact on those in financial distress. About Level 3 Award in Dealing with Consumer Debtors in Financial Hardship
Are you looking to enhance your skills in dealing with consumer debtors facing financial hardship? Enroll in our Level 3 Award course designed to equip you with the knowledge and expertise needed to effectively manage debt collection in a compassionate and ethical manner.
Throughout this course, you will learn how to navigate the complexities of debt collection while prioritizing the well-being of consumers struggling with financial difficulties. Our comprehensive curriculum covers topics such as understanding consumer rights, negotiating repayment plans, and providing support and guidance to debtors in need.
By completing this course, you will be prepared to handle challenging debt collection situations with empathy and professionalism. Whether you work in finance, customer service, or debt recovery, this qualification will set you apart as a skilled and compassionate professional in the field.
Don't miss this opportunity to advance your career and make a positive impact on individuals facing financial hardship. Enroll in our Level 3 Award in Dealing with Consumer Debtors in Financial Hardship course today!
Who is this course for?:The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is designed for individuals who work in the financial sector and are responsible for managing consumer debtors facing financial difficulties. This qualification equips learners with the knowledge and skills needed to effectively communicate with debtors, negotiate repayment plans, and provide support and guidance to those in financial hardship. Below is a breakdown of the target audience for the Level 3 Award in Dealing with Consumer Debtors in Financial Hardship:
| Target Audience | Description |
|---|---|
| Financial Advisors | Professionals who provide financial advice and support to individuals in debt. |
| Debt Collection Agents | Individuals who work for debt collection agencies and are responsible for collecting outstanding debts. |
| Credit Counsellors | Professionals who provide guidance and support to individuals struggling with debt. |
| Financial Planners | Individuals who help clients create financial plans and manage their debts. |
Career Roles for Level 3 Award in Dealing with Consumer Debtors in Financial Hardship
Individuals who have completed the Level 3 Award in Dealing with Consumer Debtors in Financial Hardship course are equipped with the necessary skills and knowledge to assist consumers facing financial difficulties. They can pursue various career roles in the financial sector, debt management agencies, and consumer advocacy organizations.
| Career Role | Average Salary (GBP £) | Average Salary (EUR €) | Average Salary (USD $) |
|---|---|---|---|
| Debt Advisor | 25,000 | 28,000 | 32,000 |
| Financial Counselor | 30,000 | 33,000 | 38,000 |
| Debt Recovery Specialist | 35,000 | 39,000 | 45,000 |
The programme is available in 2 duration modes:
- 6 months
- 9 months
- ● There are no formal requirements for specific prior qualifications or levels of attainment.
● Learner must be 16 years or older at the beginning of the course OR;
Course content
| Module | Description |
|---|---|
| Module 1: Understanding Consumer Debtors | This module covers the basics of consumer debt, including types of debt, common reasons for debt, and the impact of debt on individuals. |
| Module 2: Financial Hardship and Debt Management | Participants will learn how to identify signs of financial hardship in consumers and strategies for managing debt in difficult financial situations. |
| Module 3: Legal and Ethical Considerations | This module covers the legal and ethical responsibilities of dealing with consumer debtors in financial hardship, including regulations and best practices. |
| Module 4: Communication and Negotiation Skills | Participants will learn effective communication and negotiation techniques for working with consumer debtors in financial hardship. |
| Module 5: Support and Resources | This module provides information on support services and resources available to consumer debtors in financial hardship, including debt counseling and financial assistance programs. |
Assessment: Assessment is via assignment submission
Fee structure
- 6 months - Accelerated mode @ GBP £1299
- 9 months - Standard mode @ GBP £999
Fee payment plans
6 months programme
● Payment option (a): GBP £433 x 3 monthly instalments
● Payment option (b): GBP £1234 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
9 months programme
● Payment option (c): GBP £199 x 5 monthly instalments
● Payment option (d): GBP £499 x 2 quarterly instalments
● Payment option (e): GBP £949 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
Accreditation
The programme is awarded by British Awarding Association (BAA) - an awarding body by the UK Government’s regulator - OfQual. The programme is delivered in partnership with London School of Business and Research.
The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is a qualification designed for individuals working in the financial services industry who are responsible for managing consumer debtors facing financial difficulties. This course provides learners with the knowledge and skills needed to effectively deal with consumers in financial hardship, including understanding the legal and regulatory framework, assessing financial situations, and implementing appropriate debt management strategies. Here are some crucial facts about the Level 3 Award in Dealing with Consumer Debtors in Financial Hardship:
| Fact | Description |
|---|---|
| Course Level | Level 3 |
| Duration | Approximately 6-12 months |
| Assessment | Portfolio of evidence |
| Units | Understanding consumer debtors in financial hardship, Assessing financial situations, Implementing debt management strategies |
| Career Opportunities | Debt advisor, Financial hardship specialist, Debt management consultant |
The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is a crucial qualification for professionals working in the financial industry. This certification equips individuals with the necessary skills and knowledge to effectively assist consumers who are facing financial difficulties and struggling with debt. Here is a breakdown of the key benefits of obtaining the Level 3 Award in Dealing with Consumer Debtors in Financial Hardship:
| Benefits | Description |
|---|---|
| Enhanced Understanding | Gain a comprehensive understanding of consumer debt, financial hardship, and the legal framework surrounding debt collection. |
| Effective Communication | Learn how to communicate with consumers in financial distress sensitively and effectively, fostering trust and cooperation. |
| Debt Resolution | Acquire strategies for negotiating debt repayment plans and resolving financial disputes in a fair and ethical manner. |
| Compliance | Understand the regulatory requirements and best practices for dealing with consumer debtors in financial hardship, ensuring compliance with industry standards. |