Have your debts been increasing lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people have been inquiring whether they are able to help or help you get into more debt.
According to their clients, they can help you manage the majority of your debt , so you are able to take few things off of your shoulders.
For some, these claims are just too good to be true.
If you’re looking for anything that can assist you in paying off your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper review of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, you can go to this video if you prefer watching it.
Otherwise, let’s begin.
Before you go on, 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 of CuraDebt.
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CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer other services that will help you be more financially secure.
The process begins with requesting a free savings estimate online. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the other options in your journey to be debt-free.
This estimate of savings, as mentioned previously, offers you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with the process of credit arbitration should you choose to sign up. Some financial advisors can help you with your debt-free journey.
After your debt settlement plan, CuraDebt will be the one to take care of all the calls from your creditors. They’ll also be the ones who negotiate the terms of your settlement based on the status of your finances. In determining which option is the best to you, this could either be a lump sum settlement or a payment plan.
Furthermore they will be working with the creditors so that you can get better rates when you make deposits to your savings account, which is then processed to pay creditors. Their plans can help you pay off the debt in the period of 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards as well as loans. You can also approach them to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes and IRS debt. However, you will not receive support for most claims, loans from the government, collateral, and utility bills. They also don’t cover most 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 also help you find debtors who are in violation so that you can have cash settlements, should it be possible. Certain violations could result in having your debts removed as well.
CuraDebt can also help you settle debt with less than the amount you own. They also allow you to ask questions during their free consult with their debt advisor.
The greatest benefit of their program is that you only be charged once your debt is settled. All you need to sign up for one of their plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial documents They will also gather all the documents you’ll require to file tax returns.
Through this program, you’ll be able to solve various tax issues like wage garnishments as well as tax penalties for 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 that is based on the amount that you’ll need to settle.
They have different solutions when it comes to the settlement of the tax debt. Here are six 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 assist you with?
While debt settlement is their specialization, they don’t cater to all types of debt settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if your loan or debt is linked to an item that is physical.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without difficulty. Furthermore, this service is accessible to all 50 states if you have a debt in arrears to IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students negotiate the student loans they are owed.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Also, they don’t charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percentage.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies according to the amount you can save up per month.
They also claim that you could save as much as 30% by incorporating their fees in your equation.
However, the claim may vary, depending on the situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. In addition they charge only an amount of 20%, while most companies charge you 25%.
If you’re finished with the debt settlement program you may enroll in their credit repair program.
It’s a great method to improve your credit score without going back into debt. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also be looking into any violations of creditor using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with . If you’re trying to build a better rating on your credit, this may delay you from working on your debt.
CureDebt does not have a mobile app available. Although they have a client website but it’s old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on those types of services. Additionally the 20% service cost is lower than many firms that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress, their website is not user-friendly. CuraDebt does not have an app, which would make it easier to look at your performance.
They do have a competent support staff and can be reached them not only through emails but by phone or by sending an e-ticket. Illinois Property Tax Relief For Disabled Vetertans Reimbursement
If the credit card is a major problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they provide are in your area.
FAQ Illinois Property Tax Relief For Disabled Vetertans Reimbursement
What is the time frame to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief to help you with problems such as late payroll tax and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.