Has your debt increased lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people are asking if they are able to help or put you in more debt.
According to their clients they can assist you in managing 80% of your debts so that you are able to take couple of w
orries off your plate.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll be taking a deep review of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, you can watch this video instead in case you would prefer 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Homestead Tax Relief, Kansas
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active part of 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, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can assist you in becoming financially stable.
It all begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings you’ll be able to be able to learn more about the options to be debt-free.
Savings estimates, as mentioned before, gives you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement plan, CuraDebt will be the one to handle all of your creditor’s calls. They will also be the ones who will determine conditions of the settlement based on the status of your finances. Based on what works most effectively for you, it could be either a lump sum settlement or a payment plan.
Moreover they will also be working with lenders to help you get better rates when you transfer money into your savings account. This, in turn, will process to pay creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve signed up with them, they’ll allow you access to your data 24/7. All you have to do is sign in to CuraDebts’ client portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards, and lines of credit. They are also able to help settle any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you won’t get assistance for the majority claims, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of 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 so that you can have cash settlements, if possible. Certain violations may cause your debt to be also dismissed.
CuraDebt also allows you to repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of the program is that you’ll only have to pay for the charges after your debt has been settled. All you need to sign up for 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 taxes. Once they collect all of your financial records and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
Through this program, you’ll be able to solve various tax issues like wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They use only flat-fee pricing and is dependent on the amount you have to pay.
There are a variety of options in the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization however, they do not cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
However, if you have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states if you have a debt towards the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In some instances 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 in negotiating the student loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from an alternative 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 assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
They also don’t have high-cost charges either. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
In addition, customers can expect to settle their debts within between 2 and 4 years. This varies depending on the amount that you are able to save each month.
Also, they claim that you could save as much as 30% when you factor in their charges into your calculation.
But this claim will also depend on your situation. Some clients even mentioned saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
First, CuraDebt only charges you once you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution, you may join their credit restoration program.
It’s an excellent option to rebuild the credit rating without going into debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you might cause you to delay working on your obligations.
CureDebt doesn’t even have a mobile app available. While they have a client website, it looks old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. In addition the 20% service charge is lower than many businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt isn’t even an app that will make it easier to look at your progress.
But, they do have a great support team that you can contact them not only through emails but also via phone or sending an electronic ticket. Homestead Tax Relief, Kansas
If the problem of debt is an problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Homestead Tax Relief, Kansas
What is the time frame to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt provides tax relief programs that will help you with problems such as delinquent payroll taxes and wage garnishments.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.