Countrywide Debt Relief grants potential customers a free consultation where they can learn about their debt relief options, which include a process known as debt settlement as well as their debt consolidation programs. Just no♒te that these two debt relief strategies may work better for different types of people. Where debt settlement asks you to stop paying bills and begin saving money in a separate account to settle your debts later on, debt consolidation programs can help you negotiate interest rates and combine your debts into a more manageable plan.

Either way, Countrywide Debt Relief does not charge any fees upfront. It claims that you can use its programs to become debt-free in 12 to 60 months and that a total savings of 25% to 30% off your debts is possible, even after performance-based fees are paid. 

Pros Explained

• A free, no-risk consultation is offered and approval for one of their plans is guaranteed: A Countrywide financial expert can help assess your debts and explain your options before you commit to a plan.
• Use debt settlement or debt consolidation to become debt-free over an average timeline of 12 to 60 months: This timeline is fairly broad, yet the amount of time your program will take depends largely on how much debt you have, how much you can afford to pay off each month, and who your creditors are.
• No upfront fees are required, and you only pay fees based on performance: You will only pay fees as each of your debts is settled or paid off.

Cons Explained

• Countrywide's fees can be high: The company says its fees can reach 30%. Its APR for a debt consolidation loan can climb to 34.99%
• No client mobile app available: Some debt relief companies have technology like a mobile app, yet Countrywide Debt Relief only has a basic website and client dashboard.

Types of Debt Addressed

Countrywide Debt Relief programs are geared to help you settle and pay off unsecured debts you owe. Unsecured debts don’t have collateral associated with the loan. 🌠The main debts they can assist 𓄧with include the following:

Credit Card Debt

Countrywide Debt Relief says they can help you negotiate interest rates and settle credit card debt for less than you owe. Considering the median credit card interest rate is currently at 21.🐈4🐎7%, many consumers turn to Countrywide Debt Relief to get help with this type of unsecured debt.

Payday Loans

Payday loans can also be problematic since the extraordinarily high interest rates they charge make them hard to pay off and still keep up with regular bills. Countrywide Debt꧟ Relief can help you ditch payꦛday loan debt once and for all. 

Unsecured Lines of Credit and Installment Loans

Unsecured lines of credit from banks and oꦕnline lenders can also qualify, as can unsecured installment loans, which are also referred to as personal loans.

Medical Debts

Medical debt you have can also be bundled into a debt relief plan. Yo🌄u may be able to pay off your medical debts for less than you owe, saving money along🦹 the way.

Deficiency Balances on Auto Loans

If your car is repossessed and sold by the creditor for less than you owed on the loan, you may be left with a 澳洲幸运5开奖号码历史查询:deficiency balance on your auto loan🎐. This amount can also be wrapped into a debt relief plan and settled for less than you owe.

Client Onboarding

Countrywide Debt Relief offers a free consultation with a debt relief expert who can help you figure out your next best steps. This debt expert can help you determine how long your debt relief program might take based on how much you can afford to pay or save each mon♑th. Once your free phone consultation is over, you should have a list of actionable steps to take right away if you decide to move forward.

Also, remember that Countrywide doesn't charge any fees upfront, so you can begin a program without an immediate financial investment.

Customer Service

Countrywide Debt Relief only offers very basic customer service options. They have a contact email you can reach out to for help, but they also offer customer service over the phone. If you choose to call in or text them for assistance as a client, you can reach them at (888) 828-5787. Unfortunately, Countryside doesn't list any specific business or operating hours. 

If you're not a client yet, Countrywide suggests reaching out to them at the following number:  (877) 784-1198.

Company Reputation

The debt relief industry is known for its share of scams, and even debt relief companies that seem reputable don't always look out for your best interests. With that in mind, you should spend some time researching companies you're considering before you move forward with a debt relief program.

One step you can take right away is checking for . Another i♑mportant part of the process is researching the database for complaints.

When it comes to Countrywide Debt Relief, you should know that this company is not part of any lawsuits with the FTC. They are also clear from complaints with the CFPB within the last three years.

Even better, Countrywide Debt Relief is a member of the American Association for Debt Resolution (AADR), which is the leading association of professional consumer credit advocates.

Average Relief Amount

According to Countrywide Debt Relief, most of their customers save approximately 25% to 30% off their original debt amounts after accounting for fees. However, some🎃 of the clients highlighted on their website saved u𝔉p to 50% off their debts.

Either way, thesಞe amounts are in line with the industry average for relief.

Average Time for Relief

Countrywide Debt Relief says their clients normally get out of debt in 12 to 60 months. This timeline is on par with the industry average, wꦯhich is normally 24 to 48 months.

Cost

Countrywide Debt Relief’s fees are on the high end as they can reach 30%. The industry average of 15% to 25%.

The Competition

When you're considering debt settlement or debt consolidation help from more than one company, it can help to compare a few of your options side by side. With that in mind, we took the time to compare Countrywide Debt Relief to another highly rated debt relief firm, American Debt Relief. 

While both of these companies can help you negotiate debt, pay less than you owe, and become debt-free faster, American Debt Relief does s𝓡tand out in a few categories. For starters, they have an online client portal that can help you track your debt payoff progress online and in real-time. American Debt Relief is also accredited by the American Association for Debt Resolution.

For these r🦩easons, we believe American Debt Relief could be a better option. However, they f꧟ail to disclose their fees upfront, we suggest going through a free consultation to see how their fees stack up.

Methodology

hxmklzzmallshg.compared more than 15 top debt relief companies to find the best in terms of stability (5%), reputation and customer satisfaction (10%), customer experience (7%), services (30%), and cost and fees (48%). We considered whether companies had a membership with the , as well as how long they have been in business. We reviewed the types of services offered, like counseling, debt settlement, tax relief, and more. We also compared companies' money-back guarantees, upfront fees, fee percentage closed, and cancellation policies. For more about how we rate, review, and select the best debt relief companies, 澳洲幸运5开奖号码历史查询:read our full methodology.