Has your debt increased lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they are able to help or put you in more debt.
According to their clients, they can help you control the majority of your debt so that you can take couple of w
orries off your plate.
For some, these claims are just too good to be true.
If you’re looking for anything that can aid you in settling your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at how CuraDebt operates and what issues it can help you solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer 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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company New York Property Tax Relief + Own 2 Properties
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. But they offer other services that can help you be more financially stable.
It all begins by requesting a free online savings estimate. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings, you will be able to learn more about the other options in your journey to be debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration if you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt will be the agency to answer all of your creditor’s calls. They will also be the ones that will negotiate the terms of your payment depending on the condition of your finances. In determining which option is the best to you, this can be a lump-sum settlement or an installment plan.
Moreover, they will work with lenders to help you have better rates as you make deposits to your savings account, which is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve signed up with them, they will give you access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal so that you can monitor your performance.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include medical bills, personal loans, credit cards and also line of credit. They are also able to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, if possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of their program is that you only be charged once your debt is settled. All you need to sign up for some of their programs and you’ll be able resolve all 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 records They will also gather all the documents you’ll require for tax returns.
By using this program, you should be able to deal with the various types of tax problems such as garnishments on wages as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing that is based on the amount you must settle.
There are a variety of options when it comes to paying off your tax debt. Here are six of them:
- 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?
While debt settlement is their specialization however, they do not cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to assist you if your debt or loan is tied to a physical item.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle taxes that are due without any problems. Additionally, this service is accessible to all 50 states if you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some instances 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 loan. They can however assist private students with negotiating any loans they are owed.
Payday loans and personal loans are also eligible 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 help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
Also, they don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry charges from 15% to 25 percent.
In addition, customers can expect to pay off their debts in two to four years. However, this also varies according to the amount you save per month.
They also claim you can save up to 30% by incorporating their charges into your calculation.
However, the claim may depend on the situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25%.
If you’re finished with the debt settlement program, you can enroll in their credit restoration program.
It’s a fantastic option to rebuild the credit rating without going in debt again. However, the program runs different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also look into any creditor violations using their in-house experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop paying with . Therefore, if you’re trying build a better rating on your credit, this may set you back while you’re getting rid of your debt.
CureDebt does not have a mobile app. While they have a website that clients can access however, it appears aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you settle your debt without spending more for these types of services. Moreover their 20% service fee is cheaper than most businesses that charge the 25% cost. There aren’t any upfront fees, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app that will make it easier to monitor your performance.
They do have a competent support staff and can be reached them not only through emails but also via phone or submitting an electronic ticket. New York Property Tax Relief + Own 2 Properties
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they provide are in your state.
FAQ New York Property Tax Relief + Own 2 Properties
What is the time frame to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax issues and garnishments of wages.
What should I do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.