Has your debt been increasing lately? Are you tired of trying different financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most asked companies. Many people are asking if they can help you or help you get into more debt.
According to their clients they can assist you in managing 80% of your debt , so you are able to 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 something that will help you resolve your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, go to this video if you prefer to watch 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 overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company City Of Chicago Property Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. But they offer additional services to assist you in becoming financially stable.
It all begins with requesting a free savings estimate on the internet. It is a completely private service and won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the other options in your journey towards debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt can be the agency to answer all of your creditor’s calls. They will also be the ones who negotiate the terms of your repayment in accordance with the state of your financial situation. In determining which option is the best for you, it can be either a lump sum settlement or the option of a payment plan.
Additionally, they will be working with creditors to ensure that you enjoy better rates when you transfer money into your savings account, which is then processed to pay off the creditors. The plans they offer can help you settle the debt within 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 sign in to CuraDebts Client Portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans, credit cards and loans. They are also able to pay off any remaining amount on business debts collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, government loans, 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 that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, if they are possible. Certain violations could lead to having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to inquire about your debt during their no-cost meeting with their debt counselor.
The greatest benefit of their plan is that you will only be charged after your debt has been settled. All you need to do is sign up with any of the plans, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve various tax issues like garnishments on wages and tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs either. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
They offer different options 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 assist you with?
Although debt settlement is their specialty however, they do not cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to help you if the credit or loan is tied to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle taxes that are due without difficulty. Moreover, this type of service is offered to all 50 states if you owe money towards the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In some instances you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate any student loans that they are owed.
Personal loans and payday loans also qualify for the debt settlement program. 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’re in debt using store credit cards or traditional credit cards and private-label credit cards, CuraDebt can help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your debts.
Additionally, they do not charge high costs either. On average, you’ll be required to pay as much as 20% 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 two to four years. This varies depending on the amount that you save per month.
They also claim that you could save as much as 30% if you include their fees in your equation.
However, this statement will differ based on your specific situation. Some customers have even talked about saving 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished with the debt settlement program, you may also sign up for their credit restoration program.
It’s a great option to rebuild your credit without having to go back into debt. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor with the help of their own experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you might delay you from working on your debt.
CureDebt doesn’t even offer a mobile application. While they do have a website for clients however, it appears aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on these kinds of services. Moreover, their 20% service fee is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
Although they’ll give you an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which will make it easier to monitor your performance. City Of Chicago Property Tax Relief
But, they do have a great support team, and you can reach them not only through emails but also via phone or submitting an e-ticket. City Of Chicago Property Tax Relief
If the debt is a big problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your area.
FAQ City Of Chicago Property Tax Relief
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 the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to assist you with issues like delinquent taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to lower the amount of debt you have over time.