Has your debt increased lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their customers, they can help you manage 80% of your debt so that you are able to take couple of w
orries off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for any solution that could aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt is used and the 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, 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. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company North Carolina Property Tax Relief For Seniors
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active part 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, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer other services that will aid you in becoming more financially stable.
It all begins by requesting a free savings estimate online. This service is very confidential and won’t be doing a credit check. With this savings estimate, you will be able to learn more about the alternatives to debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the agency to answer all of your creditor’s calls. They will be the ones who will negotiate the terms of your settlement depending on the condition of your finances. Depending on which works best to you, this could be a lump-sum settlement or an installment plan.
Moreover, they will be working with creditors so that you can enjoy better rates when you make deposits to your savings account. This, in turn, will be processed to pay off the creditors. Their plans can help you pay off the debt in two years.
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 the 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 meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. This includes personal loans, medical bills, credit cards as well as loans. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive assistance with 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 will assist you in navigating laws such as the 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 lead to having your debts removed as well.
CuraDebt also allows you to settle debt with less than the amount you have. You can also inquire about your debt during their no-cost meeting with their debt counsellor.
The greatest benefit of their program is that you’ll only pay the fees after your debt has been settled. All you need to sign up to 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 the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
With this program, you will be able to solve the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing, which depends on the amount you’ll need to settle.
They have different solutions when it comes to the settlement of 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 kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your debt or loan is tied to an actual item.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Furthermore, this service is accessible to all 50 states in the event that you have a debt to the IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. However, they can assist private students with negotiating any loans they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail of the program if you also 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, traditional credit cards, or private label credit cards CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you settle each of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay as much as 20% of the debt you settled through them.
In general, this type of industry charges between 15 and 25%.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
They also claim that you could save as much as 30% when you factor in their fees in your equation.
However, this statement will vary, depending on the situation. Some customers have even talked about saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only a 20% fee while many companies charge 25%.
Next, if you’re done with the debt settlement program you may enroll in their credit repair program.
It’s a great method to improve the credit rating without going into debt again. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any creditor violations with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with your credit card. If you’re trying to improve your credit score, it might set you back while you’re finishing your debt.
CureDebt does not have a mobile app. Although they have a client website however, it appears outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. Additionally the 20% service charge is less expensive than the majority of firms that charge the 25% cost. There is no upfront payment and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll allow you to access an account to see your progress, their website is not user-friendly. CuraDebt does not have an app, which could make it easier for you to monitor your progress.
However, they have a great support team and can be reached them, not only via emails but by phone or by sending an e-ticket. North Carolina Property Tax Relief For Seniors
If the credit card is a major problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they provide are in your area.
FAQ North Carolina Property Tax Relief For Seniors
What is the time frame to complete the course?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt offers a program for tax relief to aid you in dealing with problems such as delinquent payroll taxes and garnishments of wages.
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 your debt over time.