Have your debts been piling up lately? Are you burnt out from trying various financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, your best way is to approach experts who can help you settle this issue.
CuraDebt is among the most asked companies. Many people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80% of your debt , so you are able to take couple of things off your mind.
But for some people, these claims are just too good to be true.
You might be looking for something that will aid you in settling your debt. In that situation, 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.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before starting the review, you can go to this video 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 our article for a more comprehensive review.
About the Company Polk County Tax Relief For Hurricane Irma
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 is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best well-known feature. They also provide other services that can help you be more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings, you will be able to learn more about the other options in your journey to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an insight into your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll be the ones who will negotiate what you will pay for your payment depending on the condition of your finances. Based on what works best your situation, the payment could either be a lump sum settlement or the option of a payment plan.
Moreover they will also be working with the lenders to help you have better rates as you make deposits to your savings account. This in turn, will process to pay off creditors. Their plans can help you pay off the debt in two years.
After you’ve signed up with them, they will give you access to your information 24/7. All you need to do is sign in 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. To be eligible, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills credit cards, and lines of credit. They are also able to help settle any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive assistance with the majority claims, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like that of 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. Certain violations may cause your debt to be also dismissed.
CuraDebt also allows you to settle debt with less than the sum you have. You can also ask questions during their free consult with their debt advisor.
The greatest benefit of their program is that you’ll only pay the fees once your debt is settled. All you have to sign up to some of their programs and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you will be able to solve different types of taxes like garnishments on wages and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount you need to settle.
They offer different options in settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their forte but they aren’t able to offer all kinds of settlement. CuraDebt is only focused on loans that are not secured. They won’t be able to help you if the debt or loan is tied to an actual item.
If you do have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Additionally, this service is offered to all 50 states if you owe money in arrears to IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve any medical-related debt. In some instances you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students in negotiating any student loans that they owe.
Personal and payday loans also qualify to be eligible for debt relief programs. You can also avail of the program if you also 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 as well as traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay as much as 20% of the debt you settled through them.
On average, this type of business can cost anywhere between 15% and 25%.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies in relation to the amount you can save up per month.
They also claim that you can save up to 30% if you include their costs into your calculations.
However, this statement will depend on your specific situation. Some customers have even talked about saving between 50% and 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. Additionally they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done with the debt settlement program, you could also sign up for their credit repair program.
It’s a fantastic way to restore the credit rating without having to go back into debt. The program is however designed different for every person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief usually require that you stop making payments using your credit card. Therefore, if you’re trying increase your credit score, it might cause you to delay getting rid of your debt.
CureDebt also doesn’t have a mobile app. Although they have a website that clients can access but it’s aged and simple. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not recognized by 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 on these kinds of services. Moreover their 20% service charge is less expensive than the majority of companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll give you an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which would make it easier to look at your performance.
However, they have a good support team that you can contact them, not only via emails but by phone or by sending an e-ticket. Polk County Tax Relief For Hurricane Irma
If your debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your area.
FAQ Polk County Tax Relief For Hurricane Irma
How long will it take to finish the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt has a tax relief program to assist you with issues such as late payroll taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.