Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In the majority of cases, your most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can help you or help you get into more debt.
According to their customers, they can assist you in managing 80percent of your debt , so you can finally take a couple of w
orries off your plate.
But for some people, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at 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 starting the review, watch this video instead for a more relaxing way to watch 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Does Connecticut Give Property Tax Relief To Senior Citizens
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you pay off your debt is the most well-known feature. They also provide other services that will aid you in becoming more financially secure.
The process starts by requesting a no-cost online savings estimate. It is a completely private service and won’t be doing a credit check. With this savings estimate, you will learn more about your alternatives to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an idea of your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration if you decide to sign up. Some financial advisors can help you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They will be the ones who determine the terms of your settlement depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment can be either a lump sum settlement or a payment plan.
Additionally they will also be working with the creditors so that you can have better rates as you transfer money into your savings account. This, in turn, will process to pay back the creditors. Their plans can help you get rid of debt in just the period of 48 months.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts Client Portal to track your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes personal loans, medical bills credit cards and lines of credit. They can also be approached to pay off any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get support for most of your lawsuits, 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 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 to ensure that you receive cash settlements, if they are possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about the program is that you only have to pay for the charges once your debt is settled. All you have to sign up to some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to solve the various types of tax problems like garnishments on wages as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only use flat-fee pricing and is dependent on the amount you have to pay.
They offer different options for the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your loan or debt is linked to an actual item.
However, if you have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Furthermore, this service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating the student loans they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from another 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 can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. Only pay when you settle each of your debts.
Also, they do not charge high costs either. On average, you’ll have to pay between 20 and 20% of the debt you settled through them.
On average, this type of industry charges between 15 and 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. This varies depending on the amount that you can save up per month.
Also, they claim that you can save up to 30% when you factor in their costs into your calculations.
However, the claim may vary, depending on your situation. Some customers have even talked about saving between 50% and 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas many companies charge 25%.
Next, if you’re done by the program for debt relief, you could also sign up for their credit restoration program.
It’s an excellent option to rebuild your credit without having to go into debt again. However, the program lasts different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations of creditor with the help of their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with . So if you’re trying to build a better standing on credit scores, you might delay you from working on your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a website for clients but it’s old and mundane. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. Moreover the 20% service charge is less expensive than the majority of firms that charge a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to look at your progression.
However, they have a good support team and can be reached them not only through emails but also by phone or making an e-ticket. Does Connecticut Give Property Tax Relief To Senior Citizens
If problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your state.
FAQ Does Connecticut Give Property Tax Relief To Senior Citizens
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt provides tax relief programs that will assist you with issues such as late payroll tax and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to reduce your debt over time.