Psychiatrists get paid more to prescribe, so they don't do much psychotherapy any longer. You may find the occasional exception here in the U.S., but it's becoming increasingly rare (the exceptions usually don't accept insurance; cash only and starting at $175/hour).
Psychologists get more in-depth and deeper training in actually doing psychotherapy compared to any medical doctor (including psychiatrists). They are the psychological equivalent of an "MD" in psychology. So most are well-versed in the form of therapy they prefer to practice (today, that tends to be an eclectic, solution-focused approach although cognitive-behavioral is also a popular orientation).
The key isn't to focus so much on degree (unless you want/need meds) -- they key is to find the right therapist that seems to work and click with you. That is, unfortunately, a trial-and-error process. You have to sometimes try a number of different professionals before finding one that seems to work best for your needs.
Good luck!
DocJohn
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