Have your debts been piling up lately? Are you burnt out from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because tried everything.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they are able to help or help you get into more debt.
According to their customers, they can help you manage 80% of your debt , so you can take couple of w
orries off your shoulders.
However, for certain people they believe these claims are too good to be true.
You might be looking for anything that can aid you in settling your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep review of how CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, you can watch this video instead in case you would prefer 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Portsmouth Social Services Real Estate Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. They also provide additional services to help you be more financially stable.
First of all, it begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings, you will discover more about options towards debt-free.
This estimate of savings, as mentioned previously, offers you an insight into your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with credit arbitration if you decide to enroll. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program, CuraDebt will be the one to take care of all your creditor’s calls. They’ll also be the ones who negotiate conditions of the repayment depending on the condition of your finances. Depending on which works best for you, it can be either a lump sum settlement or an installment plan.
Moreover they will be working with creditors to ensure that you have better rates as you deposit money to your savings account, which in turn, will process to pay the creditors. Their programs can assist you to pay off the debt in 48 months.
Once 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 sign in to CuraDebts Client Portal to track your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans credit cards and line of credit. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most 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 will also help you identify creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. You can also have questions answered during a free consultation with their debt advisor.
The best part about their plan is that you only have to pay for the charges after your debt has been settled. All you have to sign up to one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documentation They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve the various types of tax problems such as wage garnishments, tax penalties, personal and taxation for business as well as back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
They offer different options for the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their forte however, they do not cater to all types of settlement. CuraDebt concentrates on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
If you do have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without difficulty. Moreover, this type of service is offered to all 50 states in the event that you owe money towards the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students in negotiating any loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In general, this type of business can cost anywhere from 15% to 25%.
In addition, customers can expect to settle their debts within two to four years. But, it also differs according to the amount you are able to save each month.
Additionally, they claim that you could save up to 30% if you include their charges into your calculation.
However, the claim may depend on your specific situation. Some clients even mentioned saving 50 to 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can provide, let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. In addition they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may enroll in their credit restoration program.
It’s a great option to rebuild your credit score without going into debt again. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also be looking into any creditor violations using their own experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. Therefore, if you’re trying build a better credit score, it might cause you to delay getting rid of your debt.
CureDebt also doesn’t have a mobile app. While they have a website for clients however, it appears aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more for these types of services. Moreover the 20% service charge is lower than many firms that charge the 25% cost. There is no upfront payment, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account to see your progress but their website isn’t user-friendly. CuraDebt does not have an app yet, which could make it easier for you to monitor your performance.
However, they have a competent support staff, and you can reach them, not only via emails but also by phone or sending an electronic ticket. Portsmouth Social Services Real Estate Tax Relief
If credit card is a major issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Portsmouth Social Services Real Estate Tax Relief
How long will it take to finish the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to assist you with issues such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to reduce your debt over time.