Frequently Asked Questions
Who is CountryWide Debt Relief?
CountryWide Debt Relief is a debt consolidation company. With over 30 years of combined experience in the field of finance and debt relief, our goal is to help consumers find the best debt consolidation option to get out of debt. We are A+ rated by the BBB (Better Business Bureau).
How can CountryWide Debt Relief help me?
We can help by giving you a free consultation to see your debt consolidation options. Our team of experts are trained to analyze your debt portfolio and recommend the best option to save you the most amount of money.
How long does it take to get out of debt using CountryWide Debt Relief?
The time to get out of debt depends on the total amount that you owe, who your creditors are and your affordability index. Some of our clients have been able to get out of debt in 12 months, while others were in the program for 48 months. We focus on helping our clients get out of debt as soon as possible, while keeping the monthly payments affordable.
What type of debts can I get help with?
We can help you consolidate and payoff the following type of debts:
- Credit Card Debt
- Payday Loans
- High interest rate installment loans
- Medical collection accounts
- Deficiency balances of auto loans
- Unsecured personal lines of credit.
Is it possible to consolidate Credit Card Debt?
People with credit card debt can also take advantage of debt relief options. The biggest challenge with credit card debt is the minimum payment trap. In short, minimum payment trap is a quicksand that is hard to get out of. Once you are caught making just minimum payments on your credit cards, it could take decades to pay the credit cards off. Learn more about Credit Card Consolidation Options.
How does Debt Consolidation work?
Debt consolidation works as follows:
STEP 1: We gather information about the debt that is owed.
STEP 2: We analyze your Income vs your Expenses
STEP 3: We recommend a debt consolidation option that can help you payoff the debts that were identified while keeping the monthly payments affordable in accordance with your Income and Expense affordability index.
Is Debt Consolidation a good option?
Debt Consolidation is ideal for you if you don’t see yourself getting out of debt anytime soon. Typically, people that are just making the minimum monthly payments to their debts, or people who have fallen behind on making the minimum monthly payments to their debts would benefit most from Debt Consolidation. Learn more about Debt Consolidation Options.
Can you qualify for Debt Consolidation if you have bad credit?
There are debt consolidation options for both good and less than perfect credit. People with good credit can take advantage of a debt consolidation loan to lower interest rates on their debts and reduce the time required to pay off their debts. People with less than perfect credit can take advantage of other Debt Relief options. Learn more about Debt Relief for Less Than Perfect Credit.
What is the COST vs SAVINGS for doing Debt Consolidation?
There are no upfront costs for doing debt consolidation. All services provided by CountryWide Debt Relief are performance driven which means if you don’t save money, you don’t pay a service fee. Clients who enroll in our debt consolidation program and make all their required monthly program payments typically save 25-30% including all fees paid towards the program.
What is Debt Settlement?
Debt Settlement is a debt relief option that is ideal for people with too much debt who have either fallen behind on paying their debts or just don’t see the balances on their debts going down. Learn more about Debt Settlement and how it can help you get out of debt..
Can I negotiate with my creditors on my own?
This is a complex question and the answer is even more complex. In short, we recommend that the following consumers contact us for help:
- Anyone that owes $10,000 or more in total debt to multiple creditors
- Anyone that does not have lump sum funds to settle their debts; in other words, you want to negotiate your debts down but you don’t have the funds in a lump sum and need to make payment arrangements.
- Anyone that is being harassed and overwhelmed by creditors and collectors.
How do I get Started with CountryWide Debt Relief?
To get started, you can contact our Debt Relief Specialists:
Business Hours: Monday - Friday 7am PST - 6pm PST