CountryWide Funding Group

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Frequently Asked Questions

  • What is a personal loan?

    A personal loan is a flexible way to access cash, often with minimal credit checks so the borrowing experience is more streamlined.

  • Can I enroll all of my debts in your program?

    We only help with unsecured debt, such as credit cards, medical bills and personal loans. Secured loans are different because you're using property to back the loan up.


    Our program doesn't cover cars or motorcycles.

  • How does a Debt Modification plan affect my credit score?

    If you don't make timely minimum payments each month, or if you allow your credit cards to go into a charge-off status after six months of no payment,


    If you enroll in a debt resolution program, your credit score will be negatively impacted. This is true whether or not you are enrolled in a debt repayment program. The sooner you are able to resolve your debt, the better off your credit score will be.


    delinquencies in your accounts or negotiate a repayment plan for less than you owe, the sooner negative items will no longer be factored into your credit score.


    It won't be long before you can begin rebuilding your credit.


    A : Settling your debts can be done in as little as two years.


    It would depend on how much debt you enroll in and how quickly you can save money, but most of our clients are able to complete the program within


    a debt resolution program that will take 24-60 months.


    One of the best things about our service is that you'll typically see results about a week after you sign up.


    Our clients typically see an account resolved in 3 to 6 months.


    A : Countrywide is a fee-only investment advisor. Fees for advisory services are collected as part of the annual advisory fee as follows:


    We never charge a fee unless we get it resolved. Once we receive an offer from one of your creditors, we'll submit a proposal to them. If they agree, you don't owe us any money!


    I'll send you a draft of the agreement for your review and approval. You'll pay us our fees when you receive the payment from the settlement.

  • Do I have to enroll all of my credit cards in the program?

    No! That would be a lot! You can just enroll what you want by going to “Edit Cards”.

    Kindly go back and re-read this article again with the rewritten sentence in mind. I think you will notice that they are both similar but also different at the same time.


    As a business owner, your credit card is an important tool. In some cases, you might need one for emergencies or to pay for travel if your job requires it. If that applies to you then


    You can keep a single credit card for your balance, or make the most of a rewards program. We don't want you to keep a credit card for these purposes unless you want to.


    I can't stay silent on this one! Talk to your creditors and try to negotiate terms. If they won't go for it, then I recommend moving on. You may want to close this account and stop using credit cards if you truly want to get debt-free.


    A : Credit cards can require a lot of money and have high interest rates that can interrupt your entrepreneurship. A personal loan from Trustmark lets borrowers establish the terms and length of their loan while always paying things back monthly.


    Interest rates on personal loans tend to be significantly lower than the rates on credit cards. This gives you a lot more control and better options when borrowing money.


    You can borrow more with a personal loan. In some cases, it may be better to take out a personal loan and transfer all of your credit card balances at once.


    If you need a ton of debt consolidated then you should consider a personal loan. You would be able to save money as it would only take one payment to repay the loan.


    you'll pay less interest over the life of your mortgage.

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