There are no formal requirements for specific prior qualifications or levels of attainment. However, if you have not already achieved a level 2 qualification in English and/or maths, you will normally be expected to take a GCSE or Level 2 Functional Skills qualification alongside this Diploma in order to support your progression to higher education

Duration
The programme is available in two duration modes:
- 6 months
- 9 months

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Course fee
The fee for the programme is as follows:
6 months - Fee: GBP £1499
9 months - Fee: GBP £1199

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Payment plans
The programme offers following fee payment plans:
● Payment option (a): GBP £499 x 3 monthly instalments
● Payment option (b): GBP £1425 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
● Payment option (c): GBP £239 x 5 monthly instalments
● Payment option (d): GBP £599 x 2 quarterly instalments
● Payment option (e): GBP £1140 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

The qualification is delivered by Greenwich School of Business and Finance (GSBF) and it is awarded by a regulated awarding body.

Debt Counsellor

Financial Advisor

Credit Counsellor

Debt Recovery Specialist

Debt Relief Specialist

The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is designed to equip individuals with the necessary skills and knowledge to effectively manage consumer debtors facing financial difficulties. Key learning outcomes of this qualification include: ● Understanding the legal and regulatory framework surrounding consumer debt ● Developing strategies for dealing with debtors in financial hardship ● Assessing the financial situation of debtors and providing appropriate advice and support ● Negotiating repayment plans and managing debt recovery processes This qualification is highly relevant to professionals working in the financial services industry, including debt collection agencies, banks, credit unions, and consumer credit firms. It is also beneficial for individuals working in customer service roles who may encounter customers struggling with debt. Distinct features of the Level 3 Award in Dealing with Consumer Debtors in Financial Hardship include its practical focus on real-world scenarios and its emphasis on ethical and responsible debt management practices. By completing this qualification, individuals can enhance their professional skills and contribute to positive outcomes for both debtors and creditors.

The Level 3 Award in Dealing with Consumer Debtors in Financial Hardship is a crucial qualification for professionals in the financial industry, particularly those working with individuals facing economic challenges. This certification equips individuals with the necessary skills and knowledge to effectively assist consumers in managing their debts during times of financial hardship. In the UK, the demand for professionals with expertise in dealing with consumer debtors is on the rise. According to the Office for National Statistics, the number of individuals struggling with debt has been steadily increasing over the past decade. In fact, the Money Advice Service reported that over 8.3 million people in the UK are currently over-indebted. With jobs in the financial industry expected to grow by 10% over the next decade, there is a clear need for professionals who are well-versed in dealing with consumer debtors in financial hardship. By obtaining the Level 3 Award in this field, individuals can position themselves as valuable assets in the industry and make a positive impact on the lives of those facing financial challenges. | Year | Number of Over-Indebted Individuals in the UK | |------|-----------------------------------------------| | 2010 | 6.3 million | | 2015 | 7.4 million | | 2020 | 8.3 million |