Have your debts increased lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because been through every thing.
In the majority of cases, your most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many customers have asked if they are able to help or put you into more debt.
According to their clients, they can help you manage 80% of your debts so that you can take couple of w
orries off your mind.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can check out this video instead in case you would prefer to watch 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 review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Los Angeles County Property Tax Relief Senior
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active participant in 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?
Helping you pay off your debt is the most known feature. However, they also offer other services that can help you be more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about your alternatives towards debt-free.
The savings estimate, as we’ve mentioned before, gives you an idea of your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to answer all of the calls from your creditors. They’ll also be the ones that will determine what you will pay for your settlement in accordance with the state of your finances. In determining which option is the most effectively for you, it can be either a lump sum settlement or the option of a payment plan.
Moreover they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account, which in turn, will be processed to pay creditors. The plans they offer can help you settle the debt within 48 months.
Once you’ve signed up with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to monitor your performance.
Before you can avail of the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for the majority of types of debt. This includes personal loans, medical bills credit cards as well as lines of credit. They are also able to pay off any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate with back taxes and IRS debt. However, you won’t get assistance for the majority claims, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of 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 can also assist you in identifying the violations of creditors so that you can have cash settlements, if possible. Some violations can also cause your debt to be removed as well.
CuraDebt lets you pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The best part about the program is that you only pay the fees when your debt is paid off. All you have to do is sign up with one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
With this program, you’ll be able to deal with the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount you must settle.
They have different solutions in the settlement of taxes. 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 are they able to help with?
Although they specialize in debt settlement, it is not their forte, they don’t provide all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if your credit or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without difficulty. Moreover, this type of service is offered to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts that can help you resolve the issues.
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students with negotiating any student loans that they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible the program if you have other unsecure credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
They also don’t have high-cost charges either. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
In general, this type of industry charges between 15% and 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs according to the amount you are able to save each month.
They also claim you can save as much as 30% if you include their fees in your equation.
However, this statement will depend on your specific situation. Some clients even mentioned saving between 50% and 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally they only charge an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief you can also sign up for their credit repair program.
It’s a great option to rebuild your credit without going in debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any violations of creditor using their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with your credit card. So if you’re trying to build a better rating on your credit, this might cause you to delay working on your credit card debt.
CureDebt also doesn’t have a mobile app available. Although they have a client website but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not credited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. Additionally their 20% service fee is cheaper than most companies that offer a 25% fee. There aren’t any upfront fees and you’ll only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress, their website is not simple to navigate. CuraDebt isn’t even an app yet, which would make it easier to monitor your progression.
However, they have a good support team, and you can reach them not just via email but also via phone or submitting an electronic ticket. Los Angeles County Property Tax Relief Senior
If credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your state.
FAQ Los Angeles County Property Tax Relief Senior
How long does it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt provides tax relief programs that can aid you in dealing with problems such as delinquent payroll taxes and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.