Are you experiencing debt that has been piling up lately? Are you burnt out from trying different financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with professionals that can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many 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 debts so that you are able to take couple of w
orries off your shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way CuraDebt operates and what issues 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 starting the review, you can watch this video instead if you prefer watching 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 the article for a more comprehensive review.
About the Company Property Tax Relief Credit Where To Claim 2021 Taxes
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with 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 one of CuraDebt’s best popular feature. But they offer other services that can aid you in becoming more financially stable.
First of all, it starts by requesting a no-cost online savings estimate. It is a completely private service and they will not conduct a credit inquiry. By using this estimate of savings you’ll be able to be able to learn more about the options to be debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt will be the one to take care of all the calls from your creditors. They’ll also be the ones that will negotiate conditions of the settlement in accordance with the state of your financial situation. Based on what works most effectively to you, this could be either a lump sum settlement or a payment plan.
Furthermore they will be working with lenders to help you have better rates as you deposit money to your savings account. This, in turn, will process to pay back the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they will allow you access to your account information 24 hours a day. All you have to do is sign in to CuraDebts Client Portal to track your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. These include personal loans, medical bills credit cards and lines of credit. They can also be approached to settle any outstanding amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance for the majority cases, government loans as well as collateral and utility bills. They also don’t cover most 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 debtors who are in violation so that you can have cash settlements, if possible. Certain violations could lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their program is that you’ll only be charged after your debt has been settled. All you need to do is sign up with any of the plans and you’ll have the ability 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 documents They will also gather all the necessary paperwork to file tax returns.
By using this program, you’ll be able to solve the various types of tax problems such as wage garnishments as well as tax penalties for personal and corporate taxes as well as 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 must settle.
They have different solutions for paying off taxes. Here are 6 of them:
- 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 specialty but they aren’t able to cater to all types of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if the credit or loan is tied to a physical item.
If you do have the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle taxes that are due without difficulty. Additionally, this service is available across all 50 states, if you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students negotiate the student loans they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
How much will it cost?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
They also don’t have high-cost charges either. 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 industry charges between 15% and 25%.
In addition, customers can expect to settle their debts within between 2 and 4 years. But, it also differs in relation to the amount you are able to save each month.
Also, they claim that you can save as much as 30% by incorporating their fees in your equation.
However, this statement will differ based on the situation. Some customers have even talked about saving 50 to 80percent.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Furthermore they charge only a 20% fee while the majority of companies charge 25 percent.
If you’re finished in the process of debt resolution, you may enroll in their credit restoration program.
It’s a great option to rebuild the credit rating without going back into debt. The program is however designed differently for each person, depending on your situation.
In the end, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t increase over time. They’ll also investigate any violations by creditors with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using your credit card. So if you’re trying to improve your standing on credit scores, you could delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. Although they have a website that clients can access, it looks aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more for these types of services. In addition the 20% service charge is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app, which would make it easier to look at your performance.
But, they do have a competent support staff and can be reached them, not only via emails but by phone or by sending an e-ticket. Property Tax Relief Credit Where To Claim 2021 Taxes
If your problem of debt is an issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they offer are available in your area.
FAQ Property Tax Relief Credit Where To Claim 2021 Taxes
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt aid 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 wage garnishments.
What should I do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to reduce the amount of debt you have over time.