Have your debts increased lately? Are you burnt out from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve already tried every thing.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they are able to help or put you in more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can take couple of w
orries off your shoulders.
For some, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead for a more relaxing way watching 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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Does The Nys Property Tax Relief Go To Back State Taxes
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. But they offer additional services to aid you in becoming more financially secure.
It all begins with requesting a free online savings estimate. It is a completely private service and won’t be doing a credit check. With this savings estimate you’ll be able to be able to learn more about the other options in your journey to debt-free.
This estimate of savings, as we’ve mentioned before, gives you an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to join. Some financial advisors can help you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the agency to handle all of the calls from your creditors. They’ll also be the ones that will negotiate conditions of the repayment depending on the condition of your financial situation. Based on what works best for you, it could either be a lump sum settlement or an installment plan.
Furthermore they will be working with the lenders to help you have better rates as you deposit money to your savings account. This, in turn, will be processed to pay the creditors. Their plans can help you pay off the debt in the period of 48 months.
Once 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 performance.
Before you can avail of their program, you’ll need to pass their requirements first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can aid you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills, credit cards as well as line of credit. They can also be approached to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance with the majority claims, loans from the government as well as 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 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 own. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The most appealing aspect of the program is that you’ll only be charged once your debt is settled. All you have to do is sign up with any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
With this program, you’ll be able to deal with the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you’ll have to pay.
They have different solutions in settling 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 kinds of debts are they able to help with?
Although debt settlement is their forte however, they do not cater to all types in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your debt or loan is tied to an actual item.
If you do have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off tax debts that were due to be paid without difficulty. Additionally, this service is available to all 50 states in the event that you owe money towards the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students with negotiating the student loans they have to pay.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost charges either. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
On average, this type of industry can charge anywhere between 15% and 25%.
Moreover, clients can expect to pay off their debts in 2 to 4 years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your situation. Some customers even claimed to save between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done with the debt settlement program, you can enroll in their credit restoration program.
It’s a fantastic method to improve your credit without having to go back into debt. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any creditor violations with the assistance of their own experts.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with the credit card you use. If you’re trying to build a better rating on your credit, this could set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app. While they do have a website for clients but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. Moreover their 20% service cost is lower than many firms that charge a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app, which would 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 also via phone or making an e-ticket. Does The Nys Property Tax Relief Go To Back State Taxes
If your debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Does The Nys Property Tax Relief Go To Back State Taxes
How long does it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to help you with problems such as late payroll tax and wage garnishments.
What should I do once I’m in the program?
You’ll be required to communicate with the team and make the necessary payments to reduce the amount of debt you have over time.