Are you experiencing debt that has been piling up lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients they can assist you in managing the majority of your debt , so you are able to take couple of things off your plate.
But for some people, these claims are just too good to be true.
You might be looking for something that will help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before beginning 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 go on, you may want to watch 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 Disabled Veteran Meaning For North Carolina Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a part of 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?
Assistance in settling your debt is the most well-known feature. But they offer other services that can assist you in becoming financially secure.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about the alternatives to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement program, CuraDebt will be the agency to take care of all your creditors’ calls. They’ll be the ones who determine conditions of the settlement based on the status of your financial situation. Depending on which works best your situation, the payment could be a lump-sum settlement or an installment plan.
Furthermore they will also work with creditors so that you can enjoy better rates when you deposit money to your savings account, which is then processed to pay back the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can 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 are also able to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority cases, 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 can also assist you in identifying creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may result in having your debts also dismissed.
CuraDebt can also help you pay off debts with less than the amount you own. They also allow you to have questions answered during a free meeting with their debt counsellor.
The greatest benefit of their plan is that you will only be charged once your debt is settled. All you have to sign up to one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documentation, they will also collect all the documents you’ll require to file tax returns.
By using this program, you will be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing that is based on the amount you’ll must settle.
They offer different options for settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if your credit or loan is tied to an actual item.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without any problems. Furthermore, this service is offered 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 some cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students in negotiating any loans they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your outstanding debts.
They also do not charge high fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of industry charges from 15% to 25 percent.
In addition, customers can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you save per month.
They also claim that you can save up to 30% by incorporating their costs into your calculations.
However, the claim may depend on the situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits 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 most companies charge you 25%.
Next, if you’re done with the debt settlement program you may join their credit restoration program.
It’s a fantastic method to improve your credit score without going 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 credit to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their own experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using . Therefore, if you’re trying increase your credit score, it might delay you from working on your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a website that clients can access however, it appears aged and simple. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to pay off your debts without spending more on those types of services. Moreover their 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. There is no upfront payment and you’ll only be required to pay once the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t easy to navigate. CuraDebt does not have an app yet, which will make it easier to look at your progression.
They do have a competent support staff, and you can reach them not only through emails but by phone or by submitting an electronic ticket. Disabled Veteran Meaning For North Carolina Tax Relief
If your problem of debt is an issue right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services that they provide are offered in your state.
FAQ Disabled Veteran Meaning For North Carolina Tax Relief
How long does it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that can assist you with issues like delinquent tax issues and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down your debt over time.