Have your debts been piling up lately? Are you tired of trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because tried everything.
In the majority of cases, the best way is to approach experts who can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their clients they can help you manage 80% of your debt , so you can take couple of things off your shoulders.
However, for certain people they believe these claims are too good to be true.
You might be looking for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt is used and the problems it can help you solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before starting the review, you can watch this video instead if you prefer 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. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Florida’S Version Of Property Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a part of 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, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. They also provide other services that will assist you in becoming financially secure.
First of all, it begins by requesting a free savings estimate online. The service is completely confidential and won’t be doing a credit check. With this savings estimate you’ll be able to be able to learn more about the options to debt-free.
The savings estimate, as we’ve mentioned previously, offers you an insight into your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement plan, CuraDebt will be the one to take care of all your creditors’ calls. They’ll be the ones who negotiate what you will pay for your repayment 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.
Furthermore, they will work with lenders to help you have better rates as you transfer money into your savings account. This, is then processed to pay back the creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to monitor your performance.
Before you can benefit from the program, you’ll have to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans credit cards, as well as line of credit. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance for 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 help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you pay off debts with less than the amount you have. Additionally, you can ask questions during their free meeting with their debt advisor.
The greatest benefit of the program is that you only have to pay for the charges after your debt has been settled. All you have to sign up to some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you should be able to deal with various tax issues such as wage garnishments as well as tax penalties for personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges either. They use only flat-fee pricing and is dependent on the amount you’ll have to pay.
There are a variety of options in settling 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 can they help you with?
Although they specialize in debt settlement, it is not their specialty, they don’t provide all kinds in debt resolution. CuraDebt concentrates 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’ll arrange settlements for you.
With CuraDebt, you should be able to pay taxes that are due without any problems. Moreover, this type of service is accessible across all 50 states, if you owe money in arrears to IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also help resolve any medical-related debt. In certain cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students negotiate the student loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. You can also avail if you have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you have paid off all of your debts.
They also do not charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled with them.
On average, this type of business can cost anywhere from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in two to four years. This varies depending on the amount that you are able to save each month.
They also claim you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may depend on your situation. Some customers even claimed to save between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program you may enroll in their credit repair program.
It’s a fantastic method to improve the credit rating without having to go back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any creditor violations with the help of their experts in-house.
The drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. Therefore, if you’re trying build a better rating on your credit, this could delay you from getting rid of your debt.
CureDebt does not have a mobile app available. Although they have a website that clients can access however, it appears old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. In addition the 20% service fee is cheaper than most companies that offer an additional 25% charge. 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 to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to look at your progression.
They do have a competent support staff and can be reached them, not only via emails but also via phone or submitting an e-ticket. Florida’S Version Of Property Tax Relief
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ Florida’S Version Of Property Tax Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt has a tax relief program to aid you in dealing with problems like delinquent tax issues and wage garnishments.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.