Are you experiencing debt that has been increasing lately? Are you tired of trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In most cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can help you or put you in more debt.
According to their clients they can help you manage the majority of your debt , so you are able to take couple of w
orries off your plate.
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. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, watch this video instead for a more relaxing way 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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Louisiana Sales Tax Disaster Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer other services that will assist you in becoming financially stable.
First of all, it starts by requesting a no-cost online savings estimate. The service is completely confidential, and they won’t be doing a credit check. With this savings estimate you’ll be able to discover more about other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you on your path to debt-free living.
After your debt settlement plan, CuraDebt is the agency to answer all of the calls from your creditors. They’ll also be the ones who will determine what you will pay for your settlement in accordance with the state of your financial situation. Based on what works best to you, this can be a lump-sum settlement or a payment plan.
Moreover, they will be working with creditors to ensure that you have better rates as you make deposits to your savings account. This in turn, will process to pay back creditors. Their programs can assist you to pay off the debt in 48 months.
Once you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal to track your progress.
Before you can avail of 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
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans credit cards, as well as lines of credit. They can also be approached to help settle any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get support for most of your lawsuits, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be also dismissed.
CuraDebt also allows you to pay off debts with less than the sum you have. You can also ask questions during their free consultation with their debt counselor.
The greatest benefit of their program is that you only have to pay for the charges when your debt is paid off. All you need to sign up to any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
Through this program, you will be able to solve the various types of tax problems like wage garnishments as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you have to pay.
They have different solutions for the settlement of 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 are they able to help with?
While debt settlement is their specialty, they don’t provide all kinds of settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
If you do have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Moreover, this type of 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 can also help resolve any medical-related debt. In some instances, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they are owed.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
Additionally, they do not charge high costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
On average, this type of business can cost anywhere from 15% to 25 percent.
Additionally, customers can anticipate to settle their debts within two to four years. This varies in relation to the amount you save per month.
Additionally, they claim you can save up to 30% when you factor in their costs into your calculations.
However, this statement will differ based on the situation. Some customers even claimed to save 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. In addition they only charge an amount of 20%, while most companies charge you 25%.
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 the credit rating without going in debt again. The program is however designed in a different way for each individual according to your personal situation.
In the end, CureDebt looks into your credit to help with 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.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying improve your credit score, it might set you back while you’re getting rid of your credit card debt.
CureDebt does not have a mobile app. While they have a website for clients however, it appears aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more on those types of services. Moreover their 20% service fee is lower than many companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
While they’ll provide you with an account that allows you to track your progress, their website is not easy to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your progress.
They do have a great support team and can be reached them not just via email but also by phone or making an electronic ticket. Louisiana Sales Tax Disaster Relief
If debt is a big problem, then we recommend CuraDebt’s service. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Louisiana Sales Tax Disaster Relief
How long does it take to finish the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll tax issues and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.