Have your debts been piling up lately? Are you exhausted from trying other financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they are able to help or put you in more debt.
According to their clients, they can help you control 80% of your debt so that you can finally take a couple of w
orries off your mind.
For some the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review 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, check out this video instead for a more relaxing way 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Did I Receive Property Tax Relief In 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. They also provide other services that will aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t conduct a credit inquiry. With this savings estimate, you will learn more about your other options in your journey to debt-free.
The savings estimate, which was mentioned before, gives you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt will be the one to answer all of your creditors’ calls. They’ll be the ones who will negotiate conditions of the payment based on the status of your finances. Based on what works most effectively to you, this could either be a lump sum settlement or an installment plan.
Additionally they will be working with creditors to ensure that you have better rates as you make deposits to your savings account, which in turn, will process to pay the creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve registered with them, they will provide you with access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to track your development.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with personal loans, medical bills credit cards as well as line of credit. They are also able to settle any outstanding balance on business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you will not receive assistance for the majority cases, government loans, collateral, and utility bills. The same goes for 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 debtors who are in violation to ensure that you receive cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can ask questions during their free consultation with their debt counselor.
The best part about the program is that you’ll only have to pay for the charges 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 will also handle the tax liabilities you have. After they have gathered all your financial documentation They will also gather all the paperwork you’ll need to file tax returns.
With this program, you will be able to deal with the various types of tax problems like garnishments on wages as well as tax penalties for personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount you’ll must settle.
There are a variety of options for the settlement of taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialization but they aren’t able to offer all kinds of settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Additionally, this service is offered to all 50 states in the event that you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the 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 owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however 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 if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
They also do not charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from 2 to 4 years. However, this also varies according to the amount you can save up per month.
They also claim that you could save as much as 30% by incorporating their costs into your calculations.
However, the claim may differ based on your specific situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. In addition, they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you may join their credit restoration program.
It’s a great method to improve your credit without going into debt again. However, the program runs in a different way for each individual according to your personal situation.
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 look into any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop paying with . Therefore, if you’re trying build a better credit score, it may delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. While they do have a client website, it looks outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. Additionally the 20% service fee is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app yet, which will make it easier to look at your progress.
They do have a great support team that you can contact them, not only via emails but also by phone or sending an electronic ticket. Did I Receive Property Tax Relief In 2021
If your credit card is a major problem, then we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they offer are available in your area.
FAQ Did I Receive Property Tax Relief In 2021
What is the time frame to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax 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 reduce the amount of debt you have over time.