Have your debts increased lately? Are you exhausted from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because already tried every thing.
In the majority of cases, the best way is to approach professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they are able to help or put you in more debt.
According to their customers, they can help you control the majority of your debt so that you can finally take a few things off of your plate.
However, for certain people, these claims are just too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In that case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before starting the review, check out this video instead in case you would prefer watching it.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Property Tax Relief Disabled Veterans
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become a participant in 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 CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer other services that can aid you in becoming more financially stable.
It all begins with requesting a free online savings estimate. The service is completely confidential and they will not be conducting a credit screening. With this savings estimate you’ll learn more about your alternatives to debt-free.
Savings estimates, as we’ve 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 and a support team to help you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt will be the company to take care of all the calls from your creditors. They will also be the ones that will determine the terms of your payment based on the status of your finances. In determining which option is the best for you, it can be a lump-sum settlement or the option of a payment plan.
Furthermore they will work with creditors to ensure that you enjoy better rates when you transfer money into your savings account. This, is then processed to pay off the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll give you access to your information 24/7. All you have to do is login to CuraDebts Client Portal to monitor your development.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards, and loans. They are also able to pay off 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 support for most claims, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of the program is that you will only pay the fees after your debt has been settled. All you need to sign up to one of their plans, and you’ll be able to settle each 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 and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to deal with different types of taxes such as wage garnishments, tax penalties, personal and business taxes and 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 you’ll have to pay.
They have different solutions for 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?
Although they specialize in debt settlement, it is not their specialty, they don’t offer all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to help you if the debt or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay taxes that are due without any issues. Furthermore, this service is available to all 50 states in the event that you owe money to the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also assist in settling the medical bills. In certain cases, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students in negotiating any student loans that they owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt is the way the company has priced its services. They do not charge an upfront cost. The only time you pay is when you settle each of your debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of industry charges between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from two to four years. However, this also varies depending on the amount that you save per month.
Also, they claim you can save as much as 30% if you include their fees in your equation.
However, this statement will differ based on your specific situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Additionally they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done with the debt settlement program, you could also sign up for their credit restoration program.
It’s an excellent way to restore your credit without having to go into debt again. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations of creditor with the help of their in-house experts.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. Therefore, if you’re trying build a better standing on credit scores, you could delay you from finishing your debt.
CureDebt also doesn’t offer a mobile application. While they do have a client website however, it appears aged and simple. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on these kinds of services. Additionally the 20% service cost is lower than many companies that offer a 25% fee. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which would make it easier to look at your progress.
But, they do have a competent support staff that you can contact them not just via email but by phone or by making an electronic ticket. Property Tax Relief Disabled Veterans
If your credit card is a major problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Property Tax Relief Disabled Veterans
How long will it take to complete the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief that can assist you with issues such as late payroll taxes and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to lower your debt over time.