Have your debts been increasing lately? Are you burnt out from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or help you get into more debt.
According to their clients they can assist you in managing the majority of your debt so that you can take few things off of your shoulders.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company $154 Million In Property Tax Relief On Way To 130,000 New Jersey Seniors
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost online savings estimate. It is a completely private service and they will not be conducting a credit screening. By using this estimate of savings, you will be able to learn more about the options to be debt-free.
This estimate of savings, as mentioned earlier, provides you with an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the company to take care of all the calls from your creditors. They will be the ones who determine what you will pay for your repayment based on the status of your finances. Based on what works best to you, this could be either a lump sum settlement or an installment plan.
Furthermore they will also be working with the creditors so that you can have better rates as you deposit money to your savings account. This in turn, will process to pay back creditors. Their programs can assist you to get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal to track your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards and line of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. You can also ask questions during their free meeting with their debt counselor.
The best part about their program is that you only pay the fees once your debt is settled. All you need to sign up for some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documents, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to resolve different types of taxes like garnishments on wages as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing and is dependent on the amount that you’ll need to settle.
They offer different options in the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if the credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle taxes that are due without any problems. Furthermore, this service is available to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any student loans that they have to pay.
Personal and payday loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Additionally, they don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies according to the amount you save per month.
Also, they claim that you could save as much as 30% by incorporating their charges into your calculation.
But this claim will also vary, depending on your specific situation. Some customers even claimed to save 50 to 80percent.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. Furthermore they charge only an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done in the process of debt resolution you could enroll in their credit repair program.
It’s an excellent option to rebuild your credit score without going back into debt. However, the program runs different for every person, depending on your situation.
In the end, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the assistance of their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to increase your credit score, it may set you back while you’re working on your obligations.
CureDebt does not have a mobile app. Although they have a website for clients, it looks aged and simple. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not recognized by the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more for these types of services. Additionally the 20% service fee is lower than many firms that charge a 25% fee. There is no upfront payment, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that would make it easier to track your progression.
However, they have a competent support staff, and you can reach them not just via email but by phone or by sending an electronic ticket. $154 Million In Property Tax Relief On Way To 130,000 New Jersey Seniors
If your debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ $154 Million In Property Tax Relief On Way To 130,000 New Jersey Seniors
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt has a tax relief program to assist you with issues such as late payroll tax issues and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and make the necessary payments to lower your debt over time.