People will make bad decisions and financial wellness suffers. They decide to use forbearance to manage a college loan or pay a medical bill before the health insurer has paid its share. It is unfair to say those with debt are frivolous spenders. However, it is safe to assume they don’t know what to do. Access to the right information is important.
So Many Options
Unreliable sources of information and online “experts” will give ideas that may not be good. Trouble arises when an individual is financially illiterate. His or her choices can be the result of believing the wrong money guru or a poorly written financial blog. No relationship develops. The online advisor addresses a general audience and rarely works with an individual. It is easy to make financial mistakes when there is a lot of information and no one to help sort the good from the bad.
A person needs a financial professional who provides excellent advice. Being able to have a personal relationship with a money expert does help. Countrywide Pre-Paid Legal Services knows the value of good information and respects the importance of the one-on-one association. Our Financial Wellness Program will give both.
Dealing with a Financial Wellness Professional
Countrywide has a national network of certified counselors who provides services to our clients’ employees. It is simple to contact Countrywide counselors because they do business in the community of a Countrywide client. A face-to-face meeting is easily arranged.
The counselor can execute a budget analysis for the plan member. This service provides hard data which our counselor will use to advise the Financial Wellness Plan member. It is easy for the counselor to suggest changes to spending habits then. These recommendations will pay the bills without drastic budget cuts.
Our Services and Anxiety
College debt can be managed without declaring bankruptcy. Interest rates and even the principal might be reduced, depending on the debt relief program. Countrywide will review the college debt assistance options and send a plan member to the right place.
It isn’t necessary to pay any outstanding medical bill in one lump sum. Payment plans can be negotiated with a healthcare provider and the counselor shows the plan member what to do. Anyone in serious financial trouble can enroll in our Debt Management Plan. It costs a little bit more, but it is worth it.
The assistance we give is enhanced by the relationships Countrywide encourages. We want plan members to be comfortable dealing with our counselors. We require counselors to show respect and empathy. They are to advise and not sermonize. Our counselors must provide aid on a timely basis. We have a streamlined administrative process which allows us to respond quickly.
Employers Are Involved
Our clients know what their employees need when it comes to financial wellness benefits. The decision-makers may select from our benefit options and those services which will be part of their program. They can be assured that what we will do is our very best when it comes to member services. The result is a benefit that most employees will be able to use. Another consequence is greater respect for the employer coming from the workforce. Employees appreciate the help that is given in matters that touch personal finances.
Countrywide gives information that solves problems. We can help any person get better control over their finances and find solutions to what appear to be impossible problems. Our counselors are experienced and understand the dilemma people face with their debts. Our professionals can provide the necessary assistance to get employees out of trouble.
If you have any questions about our benefits, please contact us. We will be glad to answer any questions that you have about the Countrywide Financial Wellness Program. We look forward to hearing from you and we would welcome the chance to be of service to you.