Has your debt increased lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. Many customers have asked if they can help you or put you in more debt.
According to their clients, they can help you manage the majority of your debt so that you are able to take couple of things off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can go to this video in case you would prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company 2021 Property Tax And Water Relief Program For Low Income Seniors
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer other services that can aid you in becoming more financially stable.
It all begins by requesting a free savings estimate online. It is a completely private service and won’t be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the alternatives towards debt-free.
The savings estimate, as we’ve mentioned before, gives you an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration if you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement plan, CuraDebt is the one to answer all of your creditors’ calls. They will also be the ones who determine conditions of the repayment depending on the condition of your finances. Based on what works most effectively your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Moreover they will work with creditors so that you can enjoy better rates when you transfer money into your savings account. This, in turn, will be processed to pay off creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans credit cards, and also loans. You can also approach them to help settle any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you won’t get assistance with the majority cases, loans from the government, collateral, and utility bills. The same goes for 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 so that you can have cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The greatest benefit of the program is that you’ll only have to pay for the charges when your debt is paid off. All you need to do is sign up with one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documents, they will also collect all the necessary paperwork to file tax returns.
With this program, you should be able to solve various tax issues such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing that is based on the amount that you’ll must settle.
There are a variety of options in the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t assist you if your credit or loan is tied to a physical item.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without any issues. Furthermore, this service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve your medical debt. In some cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating the student loans they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Also, they do not charge high charges either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry charges from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within two to four years. This varies in relation to the amount you can save up per month.
Additionally, they claim you can save as much as 30% if you include their costs into your calculations.
However, the claim may depend on your situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution you may also sign up for their credit restoration program.
It’s a fantastic way to restore the credit rating without having to go in debt again. The program is however designed differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any creditor violations with the assistance of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using the credit card you use. If you’re trying to build a better rating on your credit, this might cause you to delay finishing your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a website that clients can access, it looks aged and simple. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more for these types of services. Moreover their 20% service cost is lower than many businesses that charge a 25% fee. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app, which could make it easier for you to track your performance.
However, they have a good support team, and you can reach them not only through emails but also via phone or sending an e-ticket. 2021 Property Tax And Water Relief Program For Low Income Seniors
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services that they provide are offered in your area.
FAQ 2021 Property Tax And Water Relief Program For Low Income Seniors
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt has a tax relief program that can help you with problems such as late payroll taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down the amount of debt you have over time.