Has your debt increased lately? Are you tired of trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because been through everything.
In the majority of cases, the best option is to speak with experts who can assist you resolve the 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 customers, they can help you manage 80percent of your debt so that you are able to take couple of w
orries off your plate.
For some, these claims are just too good to be true.
You might be looking for something that will help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of how CuraDebt operates and what issues it can help you solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way for it to be watched.
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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Property Tax Relief For Minnesota Residents
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through 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 known feature. However, they also offer additional services to assist you in becoming financially stable.
It all starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
This estimate of savings, as mentioned previously, offers you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt is the one to take care of all your creditor’s calls. They’ll also be the ones who determine what you will pay for your payment based on the status of your finances. Depending on which works most effectively to you, this can either be a lump sum settlement or the option of a payment plan.
Furthermore, they will be working with the lenders to help you have better rates as you deposit money to your savings account. This is then processed to pay the creditors. Their plans can help you settle the debt within 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is sign in to CuraDebts the client portal to track your performance.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
Debt Relief
Like their name implies, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans, credit cards and also line of credit. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They can even help negotiate with back taxes and IRS debt. But, you won’t receive assistance with the majority cases, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can 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 debtors who are in violation in order to get cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you have. They also allow you to inquire about your debt during their no-cost consult with their debt advisor.
The best part about their plan is that you only be charged when your debt is paid off. All you have to sign up for any of the plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
With 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 lien.
There aren’t any hidden costs either. They only use flat-fee pricing that is based on the amount you need to settle.
There are a variety of options when it comes to paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their specialty however, they do not offer all kinds of settlement. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if your credit or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
Tax Debt
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Furthermore, this service is accessible across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
Medical Debt
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students negotiate any student loans that they are owed.
Personal Loan
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you settle each of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25%.
Additionally, customers can anticipate to settle their debts within two to four years. However, this also varies depending on the amount that you save per month.
Also, they claim that you could save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on your specific situation. Some clients even mentioned saving between 50% and 80%.
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Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged after you’ve settled your debt. Furthermore they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished with the debt settlement program, you may join their credit repair program.
It’s a great option to rebuild the credit rating without having to go into debt again. However, the program lasts differently for each person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with the credit card you use. Therefore, if you’re trying build a better standing on credit scores, you might cause you to delay finishing your debt.
CureDebt doesn’t even have a mobile app. While they do have a client website but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more on these kinds of services. Moreover 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 when the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which would make it easier to monitor your progress.
They do have a good support team and can be reached them not only through emails but also via phone or making an e-ticket. Property Tax Relief For Minnesota Residents
If the debt is a big issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
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FAQ Property Tax Relief For Minnesota Residents
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 stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that can help you with problems like delinquent taxes and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to reduce your debt over time.