Are you experiencing debt that has been increasing lately? Are you exhausted from trying different financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through every thing.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can help you or help you get into more debt.
According to their customers, they can help you control 80percent of your debts so that you can take couple of things off your mind.
For some the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, go to this video 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 overview. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Memphis City Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a member of 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 imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. They also provide other services that will help you be more financially secure.
First of all, it begins with requesting a free savings estimate online. This service is very confidential, and they won’t be conducting a credit screening. By using this estimate of savings you’ll learn more about your options to debt-free.
The savings estimate, which was mentioned previously, offers you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration if you decide to join. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt can be the company to handle all of the calls from your creditors. They will also be the ones that will negotiate what you will pay for your payment depending on the condition of your financial situation. Based on what works most effectively to you, this could be either a lump sum settlement or an installment plan.
Moreover they will be working with the lenders to help you have better rates as you transfer money into your savings account, which in turn, will process to pay back creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts Client Portal to monitor your performance.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can help you deal your debt. They can negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans, credit cards as well as loans. They can also be approached to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive support for most claims, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations so that you can have cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you repay debt for less than the sum you have. You can also have questions answered during a free consult with their debt advisor.
The greatest benefit of their program is that you will only have to pay for the charges once your debt is settled. All you have to sign up for one of their plans, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documents They will also gather all the paperwork you’ll need for tax returns.
With this program, you should be able to solve various tax issues like wage garnishments, tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They use only flat-fee pricing, which depends on the amount you need to settle.
There are a variety of options for paying off 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 types of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte however, they do not provide all kinds of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if your debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without difficulty. Moreover, this type of service is offered to all 50 states if you have a debt to the IRS. They have federal tax experts that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In some instances, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students in negotiating any student loans that they are owed.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you have paid off all of your debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry can charge anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debts within two to four years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on your situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you once 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 could enroll in their credit repair program.
It’s a great way to restore 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 financial obligations to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the assistance of their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with . Therefore, if you’re trying improve your standing on credit scores, you could set you back while you’re getting rid of your debt.
CureDebt also doesn’t have a mobile app. Although they have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on these kinds of services. Moreover their 20% service charge is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account to see your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app that will make it easier to track your progression.
But, they do have a good support team and can be reached them not just via email but also via phone or making an e-ticket. Memphis City Tax Relief
If debt is a big problem, then we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Memphis City Tax Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt offers a program for tax relief to assist you with issues like delinquent taxes and wage garnishments.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.