What is one of the objectives of the CCDS certification?

The objective of the Certified Consumer Debt Specialist (CCDS) certification includes learning to negotiate with creditors. This is crucial because professionals in this field often work directly with consumers facing financial difficulties. The ability to negotiate effectively can help clients achieve better repayment terms or settle debts for less than the total amount owed, which ultimately leads to improved financial health for the consumer.

Negotiating with creditors requires a deep understanding of debt principles, the implications of various debt repayment strategies, and strong communication skills. These aspects are pivotal for a debt specialist to advocate for their clients successfully and to find workable solutions that align with consumers’ financial situations. Thus, mastering negotiation techniques is a fundamental part of the training and skills development for those earning the CCDS certification.