Has your debt been increasing lately? Are you tired of trying other financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried everything.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. Many people have been inquiring whether they can help you or help you get into more debt.
According to their customers, they can assist you in managing 80percent of your debt , so you can finally take a couple of things off your mind.
However, for certain people 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 that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt is used and the problems it could help solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before you begin the review, you can go to this video if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Council Tax Debt Relief Floroda
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. However, they also offer additional services to assist you in becoming financially stable.
The process begins by requesting a free savings estimate online. It is a completely private service and won’t be doing a credit check. With this savings estimate you’ll be able to learn more about your alternatives to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team 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 program, CuraDebt will be the company to take care of all your creditor’s calls. They’ll also be the ones who negotiate what you will pay for your payment in accordance with the state of your financial situation. Based on what works best for you, it can either be a lump sum settlement or a payment plan.
Additionally they will also be working with the creditors so that you can have better rates as you deposit money to your savings account. This, in turn, will process to pay off the creditors. The plans they offer can help you pay off the debt in two years.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards and line of credit. They are also able to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can 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 possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the sum you have. You can also have questions answered during a free consult with their debt counsellor.
The best part about the program is that you only pay the fees when your debt is paid off. All you need to sign up for some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you should be able to deal with various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only use flat-fee pricing that is based on the amount you’ll must settle.
They offer different options when it comes to the settlement of your 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 kind of debt can they assist you with?
Although debt settlement is their forte however, they do not cater to all types of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if the loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Moreover, this type of service is accessible to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some instances you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students negotiate the student loans they owe.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
Also, they don’t have high-cost costs either. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. This varies depending on the amount that you save per month.
Additionally, they claim that you can save up to 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on your specific situation. Some customers even claimed to save between 50% and 80%.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25%.
Next, if you’re done by the program for debt relief, you can enroll in their credit repair program.
It’s a great method to improve your credit score without going into debt again. However, the program lasts in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any violations of creditor with the assistance of their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. So if you’re trying to improve your rating on your credit, this might delay you from finishing your obligations.
CureDebt does not have a mobile app available. Although they have a client website however, it appears aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on those types of services. In addition their 20% service charge is cheaper than most companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that will make it easier to monitor your performance.
However, they have a good support team, and you can reach them, not only via emails but also by phone or sending an e-ticket. Council Tax Debt Relief Floroda
If credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Council Tax Debt Relief Floroda
What is the time frame to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll tax issues and wage garnishments.
What should I do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.