Have your debts been piling up lately? Are you tired of trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because tried everything.
In the majority of cases, your most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they are able to help or put you into more debt.
According to their customers, they can help you control 80percent of your debts so that you are able to take couple of things off your plate.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can assist you in paying off your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before starting the review, watch this video instead in case you would prefer watching 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
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CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. They also provide other services that can assist you in becoming financially stable.
First of all, it begins by requesting a free savings estimate online. This service is very confidential and won’t be conducting a credit screening. With this estimate of savings, you will discover more about other options in your journey towards debt-free.
This estimate of savings, which was mentioned before, gives you an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program, CuraDebt will be the one to handle all of your creditors’ calls. They will also be the ones that determine the terms of your settlement based on the status of your financial situation. In determining which option is the best to you, this can be a lump-sum settlement or an installment plan.
Furthermore they will be working with lenders to help you have better rates as you transfer money into your savings account, which in turn, will process to pay off the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they’ll give you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts the client portal so that you can monitor your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. This includes medical bills, personal loans, credit cards as well as loans. They are also able to help settle any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. You can also have questions answered during a free meeting with their debt counselor.
The most appealing aspect of their plan is that you will only be charged once your debt is settled. All you need to do is sign up with any of the plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial records They will also gather all the paperwork you’ll need for tax returns.
By using this program, you will be able to resolve the various types of tax problems such as wage garnishments, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
There are a variety of options for settling the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their specialization, they don’t provide all kinds of settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to assist you if your debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any issues. Moreover, this type of service is accessible to all 50 states if you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating the student loans they are owed.
Personal and payday loans are also eligible for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from another financial institution or bank.
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.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
They also don’t charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
Additionally, they claim that you can save as much as 30% by incorporating their fees in your equation.
However, the claim may depend on your specific situation. Some customers have even talked about saving between 50% and 80percent.
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.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore they charge only an amount of 20%, while many companies charge 25%.
If you’re finished with the debt settlement program you may join their credit restoration program.
It’s a great option to rebuild your credit score without having to go back into debt. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations by creditors with the help of their experts in-house.
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 improve your credit score, it may delay you from getting rid of your obligations.
CureDebt doesn’t even have a mobile app. While they have a website for clients however, it appears aged and simple. It’s not very user-friendly, and can be challenging to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on these kinds of services. Additionally their 20% service fee is cheaper than most firms that charge an additional 25% charge. There are no upfront payments, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to monitor your performance.
They do have a great support team, and you can reach them not only through emails but also via phone or submitting an electronic ticket. Connecticut Question And Answer Booklet Homeowners Tax Relief
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Connecticut Question And Answer Booklet Homeowners Tax Relief
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt has a tax relief program to aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower your debt over time.