Has your debt been piling up lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because been through every thing.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked if they are able to help or put you in more debt.
According to their customers, they can assist you in managing 80percent of your debts so that you can take couple of w
orries off your shoulders.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, go to this video for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Do You Have To Reapply Every Year For Homestead Exemption (Property Tax Relief) In Maine
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. They also provide other services that can help you be more financially secure.
The process begins by requesting a free savings estimate online. It is a completely private service and won’t be doing a credit check. By using this estimate of savings you’ll be able to discover more about other options in your journey towards debt-free.
The savings estimate, which was mentioned previously, offers you an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the one to answer all of the calls from your creditors. They will also be the ones who determine conditions of the payment based on the status of your finances. Based on what works most effectively to you, this can either be a lump sum settlement or the option of a payment plan.
Moreover, they will be working with lenders to help you get better rates when you deposit money to your savings account, which in turn, will be processed to pay the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is login to CuraDebts the client portal to monitor your development.
Before you are able to avail 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:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards as well as loans. They can also be approached to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you won’t get support for most claims, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of 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 creditor violations so that you can have cash settlements, should it be possible. Certain violations may result in having your debts also dismissed.
CuraDebt also allows you to pay off debts with less than the amount you own. They also allow you to ask questions during their free consultation with their debt counsellor.
The most appealing aspect of their program is that you’ll only be charged when your debt is paid off. All you have to do is sign up with some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation They will also gather all the necessary paperwork for tax returns.
By using this program, you will be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They use only flat-fee pricing, which depends on the amount you have to pay.
They have different solutions when it comes to paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt is only focused on debt that is not secured. They can’t assist you if your debt or loan is tied to an item that is physical.
If, however, you are in one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any problems. Additionally, this service is accessible across all 50 states, if you have a debt to the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any student loans that they are owed.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can assist you in paying 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. Only pay when you’ve paid each of your debts.
Additionally, they do not charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of industry charges between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debts within two to four years. This varies in relation to the amount you are able to save each month.
They also claim that you can save up to 30% by incorporating their fees in your equation.
However, this statement will depend on the situation. Some customers have even talked about saving 50 to up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages of using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas most companies charge you 25 percent.
Next, if you’re done with the debt settlement program, you could join their credit repair program.
It’s a great way to restore the credit rating without having to go in debt again. However, the program runs different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also look into any violations by creditors using their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using your credit card. If you’re trying to increase your credit score, it might set you back while you’re finishing your credit card debt.
CureDebt does not offer a mobile application. While they do have a website for clients, it looks outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on those types of services. In addition, their 20% service charge is cheaper than most firms that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt does not have an app that could make it easier for you to monitor your performance.
But, they do have a great support team, and you can reach them not only through emails but by phone or by submitting an e-ticket. Do You Have To Reapply Every Year For Homestead Exemption (Property Tax Relief) In Maine
If the debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Do You Have To Reapply Every Year For Homestead Exemption (Property Tax Relief) In Maine
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid with tax problems in the state?
Yes, CuraDebt offers a program for tax relief to assist you with issues such as delinquent payroll tax issues and garnishments on wages.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.