Has your debt increased lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, your most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they can help you or put you in more debt.
According to their clients they can help you control 80% of your debts so that you can finally take a few things off of your plate.
But for some people the claims seem too good to be true.
If you’re looking for something that will help you resolve your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll take a deeper study of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, check out this video instead 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Loudoun County Tax Relief Senior
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. They also provide other services that can aid you in becoming more financially secure.
The process begins with requesting a free online savings estimate. The service is completely confidential, and they won’t conduct a credit inquiry. With this savings estimate, you will discover more about alternatives to debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an idea of your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program, CuraDebt can be the company to handle all of your creditor’s calls. They’ll also be the ones that will determine the terms of your settlement in accordance with the state of your financial situation. Based on what works most effectively your situation, the payment could be a lump-sum settlement or an installment plan.
Moreover they will also be working with creditors to ensure that you get better rates when you deposit money to your savings account. This, in turn, will process to pay creditors. The plans they offer can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal to monitor your performance.
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:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with medical bills, personal loans, credit cards as well as lines of credit. They are also able to pay off any remaining amount on business debts, collections, or repossessions.
They can even help negotiate with back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like the 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 they are possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you pay off debts with less than the sum you have. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The most appealing aspect of the program is that you will only be charged when your debt is paid off. All you have to sign up to any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with 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 any hidden costs also. They use only flat-fee pricing, which depends on the amount that you’ll have to pay.
They offer different options in settling your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialty however, they do not cater to all types of settlement. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if your debt or loan is tied to a physical item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle 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 tax experts from the federal government to assist you with the issues.
CuraDebt can also help resolve the medical bills. In some cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students with negotiating the student loans 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 you obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll be required to pay as much as 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percent.
Additionally, customers can anticipate to settle their debt from two to four years. This varies depending on the amount that you can save up per month.
Additionally, they claim that you can save up to 30% when you factor in their costs into your calculations.
But this claim will also depend on your specific situation. Some clients even mentioned saving 50 to 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only an amount of 20%, while many companies charge 25 percent.
Then, if you’re done in the process of debt resolution you could enroll in their credit repair program.
It’s a fantastic option to rebuild your credit without having to go back into debt. The program is however designed different for every person according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any violations by creditors with the help of their in-house experts.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with your credit card. Therefore, if you’re trying increase your rating on your credit, this could cause you to delay finishing your obligations.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients however, it appears aged and simple. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. Additionally their 20% service charge is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you 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.
They do have a competent support staff that you can contact them not just via email but also by phone or making an electronic ticket. Loudoun County Tax Relief Senior
If the debt is a big problem right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Loudoun County Tax Relief Senior
How long will it take to complete the course?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that will assist you with issues such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce the amount of debt you have over time.