Are you experiencing debt that has increased lately? Are you exhausted from trying different financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their clients they can help you manage 80% of your debt so that you are able to take few things off of your shoulders.
For some, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt operates and what issues it could help solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before beginning the review, go to this video for a more relaxing way to watch 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Oposition For The Texas Homeowner Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. They also provide additional services to aid you in becoming more financially stable.
The process begins with requesting a free savings estimate on the internet. It is a completely private service and they will not be doing a credit check. With this savings estimate you’ll be able to learn more about the other options in your journey to debt-free.
Savings estimates, which was mentioned before, gives you an idea of your options, 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 the process of credit arbitration should you choose to join. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the one to answer all of your creditors’ calls. They’ll also be the ones that negotiate conditions of the repayment based on the status of your finances. In determining which option is the best for you, it can either be a lump sum settlement or an installment plan.
Furthermore they will be working with the lenders to help you get better rates when you deposit money to your savings account. This, 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 allow you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are some of the ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on behalf of you for most types of debt. These include medical bills, personal loans credit cards as well as lines of credit. They can also be approached to help settle any remaining balance on business debt, collections, or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive support for most cases, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may lead to having your debts also dismissed.
CuraDebt lets you pay off debts with less than the sum you have. Additionally, you can ask questions during their free consultation with their debt advisor.
The greatest benefit of their program is that you’ll only be charged once your debt is settled. All you need to sign up to some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
By using this program, you should be able to resolve different types of taxes like wage garnishments, tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices that is based on the amount you’ll must settle.
There are a variety of options for settling your 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 types of debt can they assist you with?
Although they specialize in debt settlement, it is not their forte, they don’t provide all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t assist you if your loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to settle your past-due tax debts without any issues. Furthermore, this service is offered to all 50 states if you have a debt towards the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In some cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students with negotiating any student loans that they owe.
Payday loans and personal loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t charge high fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies according to the amount you can save up per month.
Also, they claim that you can save up to 30% when you factor in their charges into your calculation.
However, this statement will differ based on your specific situation. Some customers even claimed to save 50% to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution, you could also sign up for their credit repair program.
It’s a great method to improve your credit score without having to go in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations by creditors with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop paying with . If you’re trying to improve your rating on your credit, this might cause you to delay working on your obligations.
CureDebt does not have a mobile app. While they have a website for clients but it’s old and mundane. It’s not very intuitive and could be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. Moreover the 20% service charge is cheaper than most firms that charge the 25% cost. There are no upfront payments, and you will only be required to pay once the debt is paid off.
Although they’ll give you an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which would make it easier to look at your performance.
But, they do have a great support team and can be reached them, not only via emails but by phone or by submitting an e-ticket. Oposition For The Texas Homeowner Tax Relief
If credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they provide are in your area.
FAQ Oposition For The Texas Homeowner Tax Relief
What is the time frame to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems such as late payroll tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to pay down the amount of debt you have over time.