debt counsellor Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “debt counsellor” in the English Dictionary

"debt counsellor" in Business English

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debt counsellornoun [C]

UK ( US debt counselor) uk   us   FINANCE
a ​person whose ​job is to give ​financialadvice and ​help to ​people so they can ​pay or ​manage their ​debts more successfully: After a ​paymentschedule is set up the ​debtcounselor will ​talk to your ​creditors and ​ask them to ​reduce your ​interestrates.
(Definition of debt counsellor from the Cambridge Business English Dictionary © Cambridge University Press)
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