Are you experiencing debt that has been piling up lately? Are you burnt out from trying different financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, your best way is to approach experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they are able to help or help you get into more debt.
According to their clients they can help you manage 80percent of your debt so that you are able to take couple of things off your shoulders.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will aid you in settling your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you go on, 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 of CuraDebt.
About the Company Homeowners Tax Relief Reimbursement For Disabled Vets In Illinois
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become 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 it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most popular feature. They also provide other services that will help you be more financially stable.
It all begins with requesting a free savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about the options to be debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt can be the one to answer all of the calls from your creditors. They will also be the ones that determine what you will pay for your settlement in accordance with the state of your finances. Depending on which works best for you, it can either be a lump sum settlement or an installment plan.
Furthermore they will work with creditors to ensure that you have better rates as you deposit money to your savings account, which in turn, will be processed to pay back the creditors. Their programs can assist you to settle the debt within the period of 48 months.
Once you’ve signed up with them, they will allow you access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf to settle all kinds of debt. This includes medical bills, personal loans credit cards and lines of credit. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you will not receive support for most of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost meeting with their debt counsellor.
The greatest benefit of the program is that you will only be charged once your debt is settled. All you need to sign up to some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you will be able to resolve various tax issues like garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges either. They only use flat-fee pricing, which depends on the amount you’ll have to pay.
They have different solutions in the settlement of taxes. Here are 6 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 they specialize in debt settlement, it is not their specialty, they don’t provide all kinds of settlement. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if the loan or debt is linked to a physical item.
However, if you have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to pay taxes that are due without any problems. Additionally, this service is available to all 50 states in the event that you owe money towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay them for less than what you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students with negotiating any student loans that they owe.
Personal and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they do not charge high costs either. On average, you’ll have to pay up to 20% of the debt you settled through them.
On average, this type of industry charges from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you save per month.
Also, they claim you can save up to 30% when you factor in their charges into your calculation.
However, this statement will depend on your situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they charge only an amount of 20%, while many companies charge 25%.
If you’re finished in the process of debt resolution you can join their credit restoration program.
It’s an excellent method to improve the credit rating without having to go in debt again. However, the program lasts differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also investigate any violations by creditors using their in-house experts.
The drawbacks of using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using the credit card you use. So if you’re trying to improve your credit score, it might cause you to delay getting rid of your obligations.
CureDebt does not have a mobile app available. While they have a website for clients, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on those types of services. Additionally their 20% service charge is lower than many companies that offer the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app that would make it easier to monitor your progress.
However, they have a great support team and can be reached them not only through emails but also via phone or submitting an electronic ticket. Homeowners Tax Relief Reimbursement For Disabled Vets In Illinois
If debt is a big problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Homeowners Tax Relief Reimbursement For Disabled Vets In Illinois
How long does it take to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt provides tax relief programs to aid you in dealing with problems such as delinquent payroll taxes and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to pay down the amount of debt you have over time.