Have your debts been increasing lately? Are you exhausted from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried everything.
In most cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of people are asking if they can help you or put you in more debt.
According to their clients, they can assist you in managing 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.
If you’re looking for any solution that could help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, go to this video 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 review. After, you will want to read the rest of our article for a more comprehensive review.
About the Company City Of Alexandria Real Estate Tax Relief
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 accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will help you be more financially stable.
First of all, it begins with requesting a free savings estimate online. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings, you will learn more about your options to debt-free.
The savings estimate, as we’ve mentioned before, gives you an idea of your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to join. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the agency to answer all of your creditors’ calls. They will be the ones who will negotiate what you will pay for your settlement in accordance with the state of your finances. Depending on which works most effectively your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Moreover they will also be working with the lenders to help you have better rates as you make deposits to your savings account. This is then processed to pay off the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they will allow you access to your data 24/7. All you have to do is log in to CuraDebts the client portal to monitor your progress.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the different ways CuraDebt can aid you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills credit cards as well as line of credit. They can also be approached to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive support for most cases, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also ask questions during their free consult with their debt counsellor.
The most appealing aspect of the program is that you will only be charged after your debt has been settled. All you need to sign up for some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to deal with the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount you’ll have to pay.
They have different solutions in settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their forte however, they do not provide all kinds of settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Additionally, this service is accessible across all 50 states, if you owe money to the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve your medical debt. In some cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students with negotiating any loans they are owed.
Personal 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 have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
They also don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15 and 25%.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. This varies according to the amount you save per month.
They also claim you can save as much as 30% if you include their charges into your calculation.
However, the claim may vary, depending on the situation. Some clients even mentioned saving 50 to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition, they only charge an amount of 20%, while many companies charge 25%.
Then, if you’re done with the debt settlement program you may join their credit restoration program.
It’s an excellent way to restore the credit rating without going in debt again. However, the program runs in a different way for each individual according to your personal situation.
Lastly, 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 investigate any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with the credit card you use. So if you’re trying to improve your standing on credit scores, you could set you back while you’re getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. While they do have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive, and it can be challenging to navigate.
Furthermore, they are not accredited with the Better Business Bureau although they were awarded 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. Additionally, their 20% service charge is lower than many companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with an account to see your progress, their website is not simple to navigate. CuraDebt does not have an app yet, which will make it easier to look at your progression.
But, they do have a great support team and can be reached them not only through emails but also via phone or making an e-ticket. City Of Alexandria Real Estate Tax Relief
If your credit card is a major problem, then we recommend CuraDebt’s service. Make sure you’re eligible and that the programs they provide are in your state.
FAQ City Of Alexandria Real Estate Tax Relief
How long does it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt provides tax relief programs that will help you with problems like delinquent taxes and garnishments of wages.
What should I do after joining the program?
You’ll have to keep in constant contact with your team members and make the necessary payments to lower your debt over time.