Has your debt been piling up lately? Are you tired of trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve been through every thing.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if 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 worries off your mind.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can help you solve.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before you begin the review, watch this video instead in case you would prefer watching it.
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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Ncsl (2021). A Guide To Property Taxes: Property Tax Relief.
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings, you will learn more about your options towards debt-free.
This estimate of savings, as mentioned before, gives you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration in the event that you decide to join. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt can be the one to handle all of the calls from your creditors. They will also be the ones that will determine conditions of the payment in accordance with the state of your financial situation. In determining which option is the best to you, this can be a lump-sum settlement or the option of a payment plan.
Additionally, they will be working with creditors to ensure that you enjoy better rates when you transfer money into your savings account, which in turn, will process to pay back the creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they will give you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal so that you can monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards and loans. They can also be approached to settle any outstanding amount on business debts, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. But, you won’t receive support for most cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like those of the 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 result in having your debts also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. You can also have questions answered during a free consult with their debt counselor.
The best part about their plan is that you will only be charged once your debt is settled. All you have to sign up for some of their programs, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. After they have gathered all your financial documentation, they will also collect all the documents you’ll require to file tax returns.
With this program, you should be able to deal with different types of taxes like garnishments on wages and tax penalties, personal and taxation for business as well as back taxes as well as trust fund penalties and tax liens.
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 when it comes to settling 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 kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types of settlement. CuraDebt is only focused on unsecured debt. They can’t assist you if your loan or debt is linked to an actual item.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay taxes that are due without difficulty. Furthermore, this service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you might even be able to pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students negotiate any loans they owe.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible 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 and private-label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how the company has priced its 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 charge high charges either. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
On average, this type of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to settle their debt from between 2 and 4 years. This 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 charges into your calculation.
However, the claim may differ based on your specific situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished in the process of debt resolution, you could also sign up for their credit repair program.
It’s an excellent way to restore your credit without going into debt again. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also be looking into any violations of creditor using their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with . So if you’re trying to increase your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt doesn’t even offer a mobile application. While they do have a website for clients but it’s old and mundane. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. Additionally, their 20% service cost is cheaper than most companies that offer a 25% fee. There aren’t any upfront fees and you’ll only be required to pay once your debt is finally settled.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that will make it easier to look at your performance.
However, they have a great support team, and you can reach them not only through emails but also by phone or submitting an electronic ticket. Ncsl (2021). A Guide To Property Taxes: Property Tax Relief.
If the problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they offer are available in your area.
FAQ Ncsl (2021). A Guide To Property Taxes: Property Tax Relief.
How long will it take to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt has a tax relief program that will aid you in dealing with problems such as late payroll tax and wage garnishments.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce the amount of debt you have over time.