Has your debt been piling up lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because tried everything.
In the majority of cases, your most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can help you or put you into more debt.
According to their clients, they can help you manage the majority of your debt so that you are able to take couple of worries off your mind.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
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 go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review.
About the Company New York State Property Tax Relief Credit
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. However, they also offer other services that can aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost savings estimate online. This service is very confidential and they will not be doing a credit check. With this estimate of savings you’ll discover more about alternatives to be debt-free.
The savings estimate, as we’ve mentioned previously, offers you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating the process of credit arbitration should you choose to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement plan, CuraDebt can be the one to handle all of your creditors’ calls. They will also be the ones that determine what you will pay for your repayment based on the status of your finances. Based on what works most effectively to you, this can be either a lump sum settlement or a payment plan.
Moreover they will also work with creditors so that you can enjoy better rates when you deposit money to your savings account, which in turn, will be processed to pay the creditors. Their programs can assist you to get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you need to do is sign in to CuraDebts Client Portal to track your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards as well as lines of credit. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive support for most claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors so that you can have cash settlements, should it be possible. Some violations can also cause your debt to be also dismissed.
CuraDebt lets you pay off debts with less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt advisor.
The most appealing aspect of their plan is that you will only have to pay for the charges after your debt has been settled. All you have to sign up for some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to resolve various tax issues such as garnishments on wages, tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount you have to pay.
They have different solutions for the settlement of your tax debt. Here are six 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 help you with?
While debt settlement is their specialty but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They can’t help you if the loan or debt is linked to a physical item.
However, if you have the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle taxes that are due without any problems. Additionally, this service is available to all 50 states if you owe money towards 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 your medical debt. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students in negotiating any student loans that they owe.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25 percent.
Moreover, clients can expect to settle their debts within two to four years. But, it also differs depending on the amount that you are able to save each month.
They also claim you can save as much as 30% if you include their charges into your calculation.
But this claim will also differ based on the situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25%.
If you’re finished by the program for debt relief you can also sign up for their credit restoration program.
It’s a great way to restore your credit score without going back into debt. However, the program runs in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also be looking into any violations by creditors using their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using the credit card you use. If you’re trying to increase your credit score, it could cause you to delay working on your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a website for clients but it’s outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on these kinds of services. Moreover their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments, and you will only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which would make it easier to track your progress. New York State Property Tax Relief Credit
However, they have a competent support staff, and you can reach them not only through emails but also by phone or making an electronic ticket. New York State Property Tax Relief Credit
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they offer are available in your area.
FAQ New York State Property Tax Relief Credit
How long will it take to complete the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt provides tax relief programs to help you with problems such as delinquent payroll tax and wage garnishments.
What do I need to do after joining the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.