Are you experiencing debt that has been piling up lately? Are you tired of trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people have been inquiring whether they can help you or put you in more debt.
According to their customers, they can assist you in managing 80percent of your debts so that you can finally take a couple of worries off your shoulders.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Any Vehicle Tax Relief For Veterans In New Jersey?
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer additional services to aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings, you will discover more about other options in your journey to debt-free.
This estimate of savings, as mentioned previously, offers you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to take care of all the calls from your creditors. They will also be the ones who negotiate the terms of your repayment in accordance with the state of your financial situation. Depending on which works best your situation, the payment could either be a lump sum settlement or an installment plan.
Additionally, they will be working with lenders to help you enjoy better rates when you deposit money to your savings account. This is then processed to pay creditors. Their programs can assist you to pay off the debt in the period of 48 months.
Once you’ve signed up with them, they’ll provide you with access to your data 24/7. All you need to do is log in to CuraDebts the client portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans, credit cards and also loans. They are also able to help settle any remaining balance of business debt, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, if they are possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt can also help you pay off debts with less than the sum you have. You can also ask questions during their free meeting with their debt counsellor.
The greatest benefit of their program is that you will only pay the fees when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial documentation They will also gather all the documents you’ll require to file 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 costs also. They use only flat-fee pricing and is dependent on the amount you need to settle.
They have different solutions when it comes to the settlement of the tax debt. Here are 6 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?
While debt settlement is their forte, they don’t offer all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They aren’t able to assist you if your credit or loan is tied to a physical item.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able pay off your past-due tax debts without any issues. Moreover, this type of service is offered to all 50 states in the event that you owe money towards the IRS. There are federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some cases, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students with negotiating any loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards or private label credit cards CuraDebt can assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your debts.
Additionally, they don’t have high-cost costs either. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15 and 25%.
In addition, customers can expect to settle their debt from two to four years. This varies according to the amount you are able to save each month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your situation. Some customers have even talked about saving 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while many companies charge 25%.
If you’re finished by the program for debt relief, you can join their credit restoration program.
It’s a great method to improve your credit score without having to go back into debt. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also be looking into any violations by creditors using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using your credit card. So if you’re trying to build a better credit score, it could delay you from finishing your credit card debt.
CureDebt does not have a mobile app available. While they have a website that clients can access, it looks old and mundane. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more for these types of services. Additionally the 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only be required to pay once your debt is finally 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 track your progression.
They do have a good support team that you can contact them not just via email but also by phone or sending an e-ticket. Any Vehicle Tax Relief For Veterans In New Jersey?
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Any Vehicle Tax Relief For Veterans In New Jersey?
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent taxes 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 reduce the amount of debt you have over time.