Have your debts increased lately? Are you tired of trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can help you manage 80% of your debts so that you can take few things off of your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before beginning the review, watch this video instead in case you would prefer to watch 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 Ada County Idaho Real Estate Tax Relief Seniors
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. They also provide other services that will help you be more financially secure.
First of all, it begins by requesting a free savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this savings estimate you’ll be able to be able to learn more about the alternatives towards debt-free.
This estimate of savings, as mentioned before, gives you an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following your debt settlement plan, CuraDebt can be the one to handle all of your creditor’s calls. They’ll also be the ones who determine conditions of the payment depending on the condition of your finances. Based on what works most effectively for you, it could either be a lump sum settlement or a payment plan.
Additionally, they will be working with the lenders to help you get better rates when you deposit money to your savings account, which in turn, will be processed to pay the creditors. Their plans can help you settle the debt within two years.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is log in to CuraDebts Client Portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards as well as lines of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, should it be possible. Certain violations could lead to having your debts removed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The most appealing aspect of their program is that you will only have to pay for the charges after your debt has been settled. All you need to sign up for any of the plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need to file tax returns.
Through this program, you’ll be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
They have different solutions in the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their forte, they don’t provide all kinds in debt resolution. CuraDebt only focuses on unsecured debt. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Furthermore, this service is accessible to all 50 states in the event that you owe money to the IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In some cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students negotiate any loans they have to pay.
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
Also, they don’t have high-cost fees as well. In the average, you’ll need to pay between 20 and 20% of the debt you settled with them.
In general, this type of industry charges between 15% and 25 percentage.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% if you include their charges into your calculation.
However, this statement will differ based on your specific situation. Some clients even mentioned saving 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done with the debt settlement program you may join their credit restoration program.
It’s a fantastic method to improve the credit rating without having to go into debt again. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any creditor violations with the assistance of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with the credit card you use. If you’re trying to increase your credit score, it could delay you from working on your obligations.
CureDebt doesn’t even have a mobile app. While they have a website that clients can access, it looks outdated and basic. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Moreover their 20% service charge is less expensive than the majority of businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to look at your performance.
But, they do have a good support team, and you can reach them not just via email but also via phone or submitting an electronic ticket. Ada County Idaho Real Estate Tax Relief Seniors
If credit card is a major issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the programs they provide are in your area.
FAQ Ada County Idaho Real Estate Tax Relief Seniors
How long does it take to complete the course?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as delinquent payroll tax and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower the amount of debt you have over time.