Have your debts been increasing lately? Are you burnt out from trying various financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your best way is to approach professionals that can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can help you or put you into more debt.
According to their clients, they can help you control 80% of your debts so that you can finally take a couple of things off your shoulders.
For some they believe these claims are too good to be true.
You might be looking for anything that can aid you in settling your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it could help solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before starting the review, you can go to this video for a more relaxing way to watch it.
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. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Council Tax Debt Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. However, they also offer other services that will assist you in becoming financially secure.
It all starts by requesting a no-cost online savings estimate. It is a completely private service and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about other options in your journey to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the one to answer all of your creditors’ calls. They’ll also be the ones that determine what you will pay for your payment based on the status of your finances. Depending on which works most effectively for you, it could be a lump-sum settlement or a payment plan.
Additionally they will also be working with the lenders to help you enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. These include personal loans, medical bills credit cards, and also lines of credit. They can also be approached to settle any outstanding balance of business debt and collections or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance for the majority claims, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, if possible. Certain violations could result in having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the amount you own. You can also have questions answered during a free consult with their debt counselor.
The greatest benefit of the program is that you will only have to pay for the charges when your debt is paid off. All you need to sign up to any of the plans 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 collect all of your financial records They will also gather all the paperwork you’ll need for tax returns.
With this program, you’ll be able to deal with different types of taxes like garnishments on wages as well as tax penalties for personal and taxation for business as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They use only flat-fee pricing that is based on the amount you’ll must settle.
They offer different options for the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They won’t be able to assist you if your loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states if you owe money to the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate the student loans they are owed.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you settle each of your debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
In the average, this kind of industry charges between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within two to four years. This varies according to the amount you save per month.
They also claim that you could save up to 30% by incorporating their charges into your calculation.
However, this statement will depend on your situation. Some clients even mentioned saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Furthermore they only charge a 20% fee while the majority of companies charge 25%.
Next, if you’re done by the program for debt relief, you could enroll in their credit repair program.
It’s a great method to improve your credit score without having to go back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors with the assistance of their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop paying with the credit card you use. If you’re trying to build a better standing on credit scores, you may cause you to delay working on your debt.
CureDebt doesn’t even have a mobile app. While they do have a client website but it’s aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on these kinds of services. Moreover their 20% service cost is cheaper than most firms that charge the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which would make it easier to track your performance.
They do have a good support team and can be reached them not just via email but by phone or by sending an e-ticket. Council Tax Debt Relief
If your debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Council Tax Debt Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that can help you with problems like delinquent tax issues and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.