Are you experiencing debt that has been increasing lately? Are you burnt out from trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve already tried every thing.
In the majority of cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their clients they can help you control the majority of your debts so that you can finally take a couple of worries off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can go to this video in case you would prefer 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 review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Is There Property Tax Relief In Niagara County?
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active part 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 restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. They also provide other services that can aid you in becoming more financially stable.
First of all, it begins with requesting a free savings estimate online. It is a completely private service and they will not be doing a credit check. With this savings estimate you’ll be able to discover more about alternatives to be debt-free.
This estimate of savings, which was mentioned earlier, provides you with an idea of your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration if you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt will be the company to take care of all your creditor’s calls. They will be the ones who negotiate conditions of the repayment in accordance with the state of your finances. In determining which option is the best to you, this could be either a lump sum settlement or a payment plan.
Furthermore they will be working with creditors to ensure that you enjoy better rates when you transfer money into your savings account, which is then processed to pay back the creditors. Their programs can assist you to get rid of debt in just 48 months.
Once you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal to track your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans, credit cards and also line of credit. You can also approach them to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive assistance for the majority claims, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of their program is that you will only have to pay for the charges after your debt has been settled. All you have to sign up for any of the plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They have different solutions for 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 types of debt can they help you with?
Although debt settlement is their specialty however, they do not offer all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They can’t help you if your credit or loan is tied to a physical item.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle taxes that are due without any issues. Additionally, this service is available across all 50 states, if you owe money to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students with negotiating any loans they are owed.
Personal and payday loans are also eligible to be eligible for debt relief programs. 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 are in debt through store credit cards or traditional credit cards and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you have paid off all of your outstanding debts.
They also don’t have high-cost costs either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
On average, this type of industry charges between 15% and 25%.
Moreover, clients can expect to pay off their debts in two to four years. However, this also varies depending on the amount that you are able to save each month.
Also, they claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also vary, depending on your situation. Some customers have even talked about saving 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Additionally they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done in the process of debt resolution you could join their credit restoration program.
It’s an excellent way to restore the credit rating without having to go back into debt. The program is however designed in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also investigate any creditor violations using their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . Therefore, if you’re trying build a better credit score, it might delay you from finishing your debt.
CureDebt doesn’t even have a mobile app. While they have a website that clients can access but it’s outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. Additionally the 20% service charge is cheaper than most businesses that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which could make it easier for you to track your progression.
However, they have a competent support staff that you can contact them, not only via emails but also by phone or submitting an e-ticket. Is There Property Tax Relief In Niagara County?
If your credit card is a major problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services they offer are available in your area.
FAQ Is There Property Tax Relief In Niagara County?
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that can aid you in dealing with problems like delinquent tax issues and garnishments on wages.
What do I need to do after joining the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce your debt over time.