Has your debt been piling up lately? Are you exhausted from trying other financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, your best option is to speak with experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people are asking if they can help you or put you in more debt.
According to their customers, they can assist you in managing the majority of your debt so that you can finally take a few things off of your shoulders.
However, for certain people they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. In this situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, you can check out this video instead in case you would prefer for it to be watched.
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. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Council Tax Relief For Pensioners
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is the most popular feature. They also provide other services that will aid you in becoming more financially stable.
First of all, it begins with requesting a free online savings estimate. This service is very confidential and won’t conduct a credit inquiry. By using this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
The savings estimate, as mentioned previously, offers you an insight into your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to join. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the agency to handle all of your creditors’ calls. They’ll be the ones who determine the terms of your payment in accordance with the state of your financial situation. Based on what works most effectively to you, this could be either a lump sum settlement or an installment plan.
Furthermore, they will work with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay back creditors. Their plans can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to track your development.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards as well as loans. You can also approach them to pay off any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government, 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 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, should it be possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The best part about their program is that you only pay the fees when your debt is paid off. All you need to sign up for any of the plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need for tax returns.
With this program, you will be able to deal with various tax issues such as wage garnishments 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 any hidden costs either. They use only flat-fee pricing and is dependent on the amount that you’ll need to settle.
They have different solutions when it comes to paying off your 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 help you with?
Although debt settlement is their specialty, they don’t offer all kinds of debt settlement. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if the loan or debt is linked to an item that is physical.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able pay off taxes that are due without any problems. Moreover, this type of service is available to all 50 states in the event that you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve your medical debt. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate any student loans that they are owed.
Personal and payday loans also qualify to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
They also don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs according to the amount you save per month.
Additionally, they claim that you could save up to 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on the situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s explore the benefits of 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%.
If you’re finished by the program for debt relief you can also sign up for their credit restoration program.
It’s a fantastic way to restore the credit rating without having to go back into debt. The program is however designed different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also be looking into any creditor violations using their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using the credit card you use. If you’re trying to improve your credit score, it could cause you to delay working on your debt.
CureDebt also doesn’t have a mobile app. Although they have a website that clients can access but it’s old and mundane. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on these kinds of services. Additionally the 20% service cost is less expensive than the majority of businesses that charge a 25% fee. There is no upfront payment, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app that will make it easier to monitor your performance.
However, they have a great support team and can be reached them not only through emails but also via phone or sending an electronic ticket. Council Tax Relief For Pensioners
If debt is a big problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Council Tax Relief For Pensioners
How long will it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt and the agreed settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt has a tax relief program to help you with problems such as delinquent payroll taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.