Has your debt been piling up lately? Are you burnt out from trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In most cases, the most effective approach is to talk to 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 can help you or put you in more debt.
According to their clients they can assist you in managing 80% of your debt , so you can take couple of things off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of how CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead in case you would prefer to watch 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. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Property Tax Relief Facebook
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer other services that can aid you in becoming more financially secure.
It all begins by requesting a free savings estimate online. It is a completely private service and won’t conduct a credit inquiry. With this estimate of savings, you will discover more about options to debt-free.
The savings estimate, which was mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the agency to handle all of the calls from your creditors. They’ll also be the ones that will negotiate what you will pay for your repayment depending on the condition of your finances. Depending on which works best to you, this can be either a lump sum settlement or a payment plan.
Additionally they will work with lenders to help you get better rates when you deposit money to your savings account. This, in turn, will process to pay off the creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they’ll give you access to your information 24/7. All you have to do is login to CuraDebts’ client portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt will assist you in dealing your debt. They can negotiate settlements on behalf of you for all kinds of debt. These include personal loans, medical bills credit cards, and line of credit. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you will not receive assistance with the majority cases, government loans or collateral, as well as 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 also help you find creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also cause your debt to be removed as well.
CuraDebt lets you repay debt for less than the amount you own. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The greatest benefit of their program is that you will only pay the fees after your debt has been settled. All you have to do is sign up with some of their programs and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
With this program, you’ll be able to deal with various tax issues like wage garnishments, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges either. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
They offer different options when it comes to paying off your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although debt settlement is their forte but they aren’t able to cater to all types of settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to assist you if your debt or loan is tied to a physical item.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without any problems. Moreover, this type of service is available across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government that can help you resolve 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 owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students negotiate any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines you obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their services. They don’t charge upfront fees. Only pay when you’ve paid each of your debts.
Additionally, they don’t charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
Also, they claim that you can save up to 30% if you include their charges into your calculation.
However, this statement will vary, depending on the situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas most companies charge you 25 percent.
Then, if you’re done with the debt settlement program, you can also sign up for their credit repair program.
It’s a fantastic option to rebuild the credit rating without going into debt again. The program is however designed different for every person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the assistance of their in-house experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with . Therefore, if you’re trying increase your rating on your credit, this might delay you from working on your credit card debt.
CureDebt also doesn’t have a mobile app available. Although they have a website that clients can access but it’s outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more for these types of services. Additionally their 20% service fee is lower than many companies that offer the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is settled.
Although they’ll give you an account to see your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which could make it easier for you to look at your progress.
But, they do have a good support team that you can contact them not just via email but also by phone or sending an electronic ticket. Property Tax Relief Facebook
If the problem of debt is an problem, then we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Property Tax Relief Facebook
How long does it take to finish the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as your agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
It is true that CuraDebt offers a program for tax relief that will help you with problems like delinquent taxes and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.