Has your debt increased lately? Are you burnt out from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because been through every thing.
In the majority of cases, the best option is to speak with experts who can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they are able to help or put you in more debt.
According to their clients they can assist you in managing 80percent of your debt so that you can take few things off of your mind.
For some the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can check out this video instead if you 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 review. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company City Of St Augustine Tax Relief For Hurricane Matthew Victims
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. They also provide other services that can help you be more financially secure.
The process begins by requesting a free online savings estimate. It is a completely private service and won’t be doing a credit check. With this estimate of savings, you will discover more about alternatives to be debt-free.
Savings estimates, which was 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 and a team of support to help you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt is the agency to take care of all your creditors’ calls. They will also be the ones who will determine conditions of the settlement depending on the condition of your financial situation. In determining which option is the most effectively your situation, the payment could be either a lump sum settlement or an installment plan.
Moreover they will also be working with the creditors so that you can get better rates when you transfer money into your savings account, which is then processed to pay back the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you need to do is log in to CuraDebts the client portal to track your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills credit cards as well as loans. They are also able to pay off any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify 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 can also help you settle debt with less than the sum you have. You can also have questions answered during a free consultation with their debt counselor.
The most appealing aspect of their plan is that you’ll only pay the fees when your debt is paid off. All you need to sign up to one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documentation, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices and is dependent on the amount you need to settle.
They offer different options in settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their specialization, they don’t offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if the credit or loan is tied to an actual item.
If, however, you are in one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off taxes that are due without difficulty. Moreover, this type of service is offered to all 50 states if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students in negotiating any loans they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another bank or financial institution.
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 greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. Only pay when you settle each of your debts.
Additionally, they don’t charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs according to the amount you save per month.
Also, they claim that you can save up to 30% by incorporating their fees in your equation.
However, the claim may vary, depending on the situation. Some customers have even talked about saving 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you when you’ve paid off your debt. In addition they only charge a 20% fee while most companies charge you 25 percent.
If you’re finished with the debt settlement program, you may join their credit repair program.
It’s a fantastic way to restore your credit score without having to go into debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
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 as time passes. They’ll also look into any violations of creditor with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . If you’re trying to build a better rating on your credit, this might delay you from working on your obligations.
CureDebt also doesn’t have a mobile app. Although they have a client website however, it appears outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Moreover the 20% service charge is cheaper than most companies that offer the 25% cost. There is no upfront payment, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress but their website isn’t simple to navigate. CuraDebt does not have an app that will make it easier to track your progress.
They do have a competent support staff and can be reached them, not only via emails but by phone or by making an electronic ticket. City Of St Augustine Tax Relief For Hurricane Matthew Victims
If the credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they provide are in your state.
FAQ City Of St Augustine Tax Relief For Hurricane Matthew Victims
How long does 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 agreement on the settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program to help you with problems such as late payroll tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.