Are you experiencing debt that has increased lately? Are you burnt out from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In the majority of cases, your most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their customers, they can help you control 80percent of your debt so that you can take few things off of your shoulders.
However, for certain people, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this case, 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, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead in case you would prefer for it to be watched.
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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company How To Find My Ny Property Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Assistance in settling your debt is the most popular feature. They also provide other services that will aid you in becoming more financially secure.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. By using this estimate of savings you’ll learn more about your options to be debt-free.
This estimate of savings, as mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to join. Financial advisors may be able to assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the agency to answer all of the calls from your creditors. They will be the ones who will determine what you will pay for your settlement in accordance with the state of your financial situation. In determining which option is the best your situation, the payment could be either a lump sum settlement or an installment plan.
Additionally they will also work with creditors to ensure that you have better rates as you deposit money to your savings account. This, in turn, will process to pay off the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal to monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, 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 with?
Here are the various 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 medical bills, personal loans credit cards, and loans. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They may also assist in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance for the majority cases, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you have. Additionally, you can ask questions during their free meeting with their debt counselor.
The greatest benefit of the program is that you will only have to pay for the charges when your debt is paid off. All you need to sign up to some of their programs and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you should be able to deal with the various types of tax problems like wage garnishments, tax penalties, personal and taxation for business and back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They only offer flat-fee prices and is dependent on the amount you’ll have to pay.
They offer different options in settling the tax debt. 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 debt settlement is their specialty but they aren’t able to provide all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if the loan or debt is linked to an actual item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able pay off taxes that are due without any problems. Furthermore, this service is offered across all 50 states, if you have a debt in arrears to IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students negotiate any student loans that they owe.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The best part about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay as much as 20% of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in 2 to 4 years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% when you factor in their charges into your calculation.
However, this statement will differ based on your specific situation. Some customers even claimed to save 50 to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they charge only an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program you could also sign up for their credit restoration program.
It’s a fantastic way to restore your credit without going into debt again. However, the program runs in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. So, the amount you owe won’t rise 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 relief and debt settlements typically require you to stop paying with the credit card you use. If you’re trying to build a better standing on credit scores, you may delay you from working on your credit card debt.
CureDebt does not have a mobile app. While they have a website for clients but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more on these kinds of services. In addition, their 20% service fee is cheaper than most businesses that charge the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt does not have an app, which could make it easier for you to track your progress.
But, they do have a competent support staff that you can contact them not just via email but also via phone or making an electronic ticket. How To Find My Ny Property Tax Relief
If your credit card is a major issue right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ How To Find My Ny Property Tax Relief
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt provides tax relief programs that can help you with problems like delinquent tax issues and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce your debt over time.