Can I make extra payments towards my loan?
Asked 6 months ago
Yes, customers have the flexibility to make additional payments towards their loans with Countrywide. Making extra payments can help borrowers pay off their loans faster and potentially save on interest costs. Customers can use various methods to make these additional payments, such as making lump-sum payments or increasing their regular monthly payments. It's important to note that some loans may have prepayment penalties or restrictions, so borrowers who are considering making extra payments should review their loan agreement or contact Countrywide's customer service for specific details. Taking advantage of the option to make extra payments offers borrowers the opportunity to accelerate their loan repayment and potentially achieve financial freedom sooner.
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