Has your debt been piling up lately? Are you burnt out from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In most cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or help you get into more debt.
According to their clients, they can assist you in managing 80% of your debts so that you can finally take a couple of things off your plate.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, you can check out this video instead in case you would prefer watching it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Low Income Property Tax Relief Michigan
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. But they offer additional services to aid you in becoming more financially stable.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about the other options in your journey to debt-free.
Savings estimates, as mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt is the one to answer all of your creditor’s calls. They will also be the ones that will negotiate the terms of your settlement in accordance with the state of your finances. In determining which option is the best your situation, the payment could be a lump-sum settlement or an installment plan.
Additionally they will work with lenders to help you have better rates as you make deposits to your savings account, which in turn, will process to pay the creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they’ll allow you access to your information 24/7. All you need to do is log in to CuraDebts the client portal to track your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans, credit cards and loans. You can also approach them to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can 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 creditor violations so that you can have cash settlements, should it be possible. Certain violations could result in having your debts removed as well.
CuraDebt lets you settle debt with less than the amount you have. They also allow you to have questions answered during a free consultation with their debt counsellor.
The best part about the program is that you only be charged after your debt has been settled. All you need to sign up for some of their programs, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
Through this program, you will be able to deal with different types of taxes like garnishments on wages, tax penalties, personal and business taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs either. They use only flat-fee pricing and is dependent on the amount that you’ll need to settle.
They offer different options when it comes to settling your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
While debt settlement is their specialization but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on unsecured debt. They can’t help you if your loan or debt is linked to an actual item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any issues. Furthermore, this service is available to all 50 states if you owe money to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some instances you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students with negotiating any student loans that they are owed.
Personal and payday loans also qualify to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
They also don’t charge high charges either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. This varies according to the amount you are able to save each month.
They also claim you can save up to 30% if you include their charges into your calculation.
But this claim will also vary, depending on your situation. Some customers have even talked about saving between 50% and up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas many companies charge 25 percent.
If you’re finished with the debt settlement program, you may enroll in their credit restoration program.
It’s an excellent method to improve your credit without going 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 the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the help of their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. Therefore, if you’re trying increase your standing on credit scores, you might cause you to delay working on your credit card debt.
CureDebt also doesn’t offer a mobile application. While they do have a website for clients however, it appears outdated and basic. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you settle your debt without spending more for these types of services. In addition their 20% service charge is cheaper than most firms that charge a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account to see your progress but their website isn’t easy to navigate. CuraDebt does not have an app that would make it easier to look at your progression.
But, they do have a competent support staff, and you can reach them not just via email but by phone or by making an electronic ticket. Low Income Property Tax Relief Michigan
If the credit card is a major problem, then we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they provide are in your area.
FAQ Low Income Property Tax Relief Michigan
How long will it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will help you with problems like delinquent taxes and garnishments of wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down the amount of debt you have over time.