CMA Part 1 Generalist Debt Advice Training

This course is the first of 3 training courses that make up the Money and Pensions Service accredited CMA Award in Generalist Debt Advice. This course is suitable for those with no previous experience of debt advice.

Description

This course covers the following topics:

  • Causes and Effects of Debt
  • Vulnerability, Debt & Mental Health
  • The Debt Advice Process
  • First Interview and Factfinder
  • Recognising Emergency Situations
  • Maximising Income and Minimising Expenditure
  • Identifying Creditors / Credit Reports
  • Establishing Liability for Debt
  • Homework and Next Steps

Training Manuals are provided for each delegate in both pdf and hardcopy format.

There is a Client Interview & Fact Finding activity following this course which will take 1-2 hours to complete.

The CMA Award in Generalist Debt Advice comprises Parts 1, 2 & 3.  Each course should be taken in sequence.  The activity sets accredited in this award are: Initial Contact, Support Work & Advice Work.

Prerequisites

There are no prerequisites for this course.

Debt Advice is regulated by the Financial Conduct Authority (FCA) and this training is appropriate for people working or volunteering in an FCA regulated setting.  If you are not sure what this means please contact us or take a look at our Budget Coach course which is suitable for anon-regulated settings.

Similar courses

The CMA Part 2 Training Course is aimed at those who have already attended the Part 1 Training Course, and is designed to increase knowledge and understanding of the whole debt advice process. This will allow delegates in regulated contexts to begin to offer debt advice to clients.

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The CMA Part 3 Training Course is aimed at those already giving debt advice and/or those who have been working with clients for at least three months, as the topics covered are designed to build on experience. For debt advisers working within CMA centres, the Part 3 Training Day must be completed within 18 months of Part 1 Training and/or giving debt advice in a CMA centre.

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