Are you experiencing debt that has been piling up lately? Are you burnt out from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, your best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people are asking if they are able to help or put you into more debt.
According to their customers, they can help you manage 80% of your debt so that you can take couple of w
orries off your mind.
However, for certain people the claims seem too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In this case, CuraDebt will mostly be recommended by people. We’ll take a deeper review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, go to this video if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Property Tax Relief For Seniors 70 Yrs & Older In Ilinois Pending Legislation
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. They also provide other services that can 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 will not be doing a credit check. By using this estimate of savings you’ll be able to discover more about alternatives to debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to join. Certain financial advisors can 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 your creditors’ calls. They’ll also be the ones who will negotiate the terms of your repayment based on the status of your financial situation. Based on what works best for you, it can either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with the creditors so that you can get better rates when you transfer money into your savings account, which in turn, will be processed to pay back the creditors. Their programs can assist you to settle the debt within two years.
Once you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal to track your performance.
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
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards, and also line of credit. You can also approach them to help settle any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. However, you will not receive assistance with the majority cases, government loans 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 those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt can also help you pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about the program is that you only pay the fees when your debt is paid off. All you have to do is sign up with some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems like garnishments on wages as well as tax penalties for 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 and is dependent on the amount you need to settle.
They have different solutions in the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They can’t help you if the credit or loan is tied to an actual item.
If you do have the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to settle your past-due tax debts without difficulty. Moreover, this type of service is offered to all 50 states in the event that you owe money to the IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them less than the amount 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.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percentage.
In addition, customers can expect to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
They also claim that you can save as much as 30% if you include their costs into your calculations.
However, this statement will differ based on your situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. In addition they only charge an amount of 20%, while many companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may join their credit restoration program.
It’s an excellent method to improve your credit score without having to go back into debt. However, the program lasts differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any creditor violations using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using your credit card. Therefore, if you’re trying increase your rating on your credit, this may cause you to delay working on your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a client website, it looks old and mundane. It’s not particularly intuitive and could be challenging to navigate.
Furthermore, they are not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on those types of services. Additionally their 20% service charge is lower than many businesses that charge the 25% cost. There are no upfront payments, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt also doesn’t have an app that will make it easier to track your progression.
However, they have a great support team and can be reached them not just via email but also via phone or sending an e-ticket. Property Tax Relief For Seniors 70 Yrs & Older In Ilinois Pending Legislation
If the credit card is a major problem 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 state.
FAQ Property Tax Relief For Seniors 70 Yrs & Older In Ilinois Pending Legislation
What is the time frame to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt has a tax relief program that will assist you with issues like delinquent tax 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 pay the required payments to reduce your debt over time.