Have your debts been piling up lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through everything.
In the majority of cases, your 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 can help you or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you are able to take few things off of your shoulders.
But for some people, these claims are just too good to be true.
You might be looking for something that will help you resolve your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth look at the way CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before starting the review, you can watch this video instead for a more relaxing way for it to be watched.
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 Homestead Tax Relief In Tenn
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and 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 pay off your debt is one of CuraDebt’s best known feature. However, they also offer other services that will help you be more financially secure.
The process starts by requesting a no-cost savings estimate online. The service is completely confidential, and they won’t be conducting a credit screening. By using this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
This estimate of savings, as mentioned previously, offers you an idea of your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to help you with credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the company to take care of all your creditor’s calls. They will be the ones who negotiate what you will pay for your repayment in accordance with the state of your financial situation. In determining which option is the best for you, it can either be a lump sum settlement or the option of a payment plan.
Moreover they will also work with creditors so that you can get better rates when you make deposits to your savings account, which in turn, will be processed to pay back creditors. Their programs can assist you to settle the debt within 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 have to do is login to CuraDebts the client portal to track your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a 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 can assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills credit cards, and lines of credit. They are also able to settle any outstanding amount on business debts collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you will only be charged when your debt is paid off. All you have to sign up to one of their plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records They will also gather all the paperwork you’ll need to file tax returns.
By using this program, you will be able to resolve various tax issues such as wage garnishments, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing and is dependent on the amount you’ll need to settle.
They have different solutions when it comes to the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialization however, they do not provide all kinds of debt settlement. CuraDebt concentrates on unsecured debt. They won’t be able to help you if the debt or loan is tied to a physical item.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is accessible to all 50 states in the event that you have a debt towards the IRS. There are federal tax experts who can assist you in resolving the issues.
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students negotiate any loans they owe.
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 got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs depending on the amount that you can save up per month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your specific situation. Some customers even claimed to save 50 to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas many companies charge 25%.
If you’re finished with the debt settlement program you may enroll in their credit restoration program.
It’s an excellent option to rebuild the credit rating without going back into debt. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any creditor violations with the assistance of their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop paying with . 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. Although they have a website that clients can access but it’s aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service charge is lower than many companies that offer a 25% fee. There are no upfront payments and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to track your progress.
However, they have a competent support staff, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Homestead Tax Relief In Tenn
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services that they provide are offered in your state.
FAQ Homestead Tax Relief In Tenn
How long does it take to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax and garnishments of wages.
What’s the first thing I have to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to lower your debt over time.