Have your debts been increasing lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can assist you or help you get into more debt.
According to their clients, they can help you manage the majority of your debt , so you can finally take a few things off of your plate.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, go to this video 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’ll want to read the rest of our article for a more comprehensive review.
About the Company Guaranteed Pension Credit And Council Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. But they offer other services that can help you be more financially secure.
The process starts by requesting a no-cost savings estimate on the internet. The service is completely confidential, and they won’t be conducting a credit screening. By using this estimate of savings, you will learn more about your alternatives to be debt-free.
This estimate of savings, which was mentioned before, gives you an insight into your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt will be the agency to handle all of your creditor’s calls. They will also be the ones who negotiate the terms of your repayment depending on the condition of your finances. Depending on which works most effectively to you, this could either be a lump sum settlement or the option of a payment plan.
Moreover, they will be working with creditors so that you can have better rates as you transfer money into your savings account. This is then processed to pay off the creditors. The plans they offer can help you settle the debt within the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is login to CuraDebts Client Portal so that you can monitor your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the different 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 your behalf for the majority of types of debt. This includes personal loans, medical bills credit cards, and loans. They can also be approached to help settle any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like those of 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 in order to get cash settlements, should it be possible. Certain violations may lead to having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. You can also have questions answered during a free consult with their debt counselor.
The most appealing aspect of the program is that you only have to pay for the charges once your debt is settled. All you have to sign up for any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. After they have gathered all your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you should be able to solve different types of taxes like wage garnishments and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options in the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although debt settlement is their specialization, they don’t cater to all types in debt resolution. CuraDebt is only focused on unsecured debt. They aren’t able to assist you if your loan or debt is linked to an item that is physical.
If, however, you are in the following types of debt, they will 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 accessible across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also help resolve your medical debt. In some 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 with negotiating any loans they are owed.
Personal and payday loans also qualify for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Additionally, they do not charge high charges either. On average, you’ll be required to pay up to 20% of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15 and 25%.
Moreover, clients can expect to settle their debt from between 2 and 4 years. But, it also differs in relation to the amount you can save up per month.
They also claim that you could save up to 30% by incorporating their costs into your calculations.
But this claim will also differ based on your situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25%.
Then, if you’re done with the debt settlement program, you may also sign up for their credit restoration program.
It’s a great way to restore your credit score without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any violations by creditors using their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with your credit card. Therefore, if you’re trying increase your credit score, it may delay you from working on your credit card debt.
CureDebt also doesn’t offer a mobile application. Although they have a website for clients but it’s outdated and basic. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not credited with the Better Business Bureau although they were awarded an A+ grade.
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 the 20% service charge is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account to see your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which will make it easier to look at your performance.
But, they do have a competent support staff, and you can reach them not only through emails but also via phone or submitting an e-ticket. Guaranteed Pension Credit And Council Tax Relief
If your debt is a big problem, then 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 Guaranteed Pension Credit And Council Tax Relief
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt has a tax relief program to assist you with issues such as late payroll tax issues and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to pay down your debt over time.