Has your debt been increasing lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
In the majority of 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 are able to help or put you in more debt.
According to their clients, they can help you control the majority of your debt so that you can finally take a few things off of your shoulders.
For some they believe these claims are too good to be true.
If you’re looking for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way 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 advantages and drawbacks.
Before starting the review, you can check out this video instead if you prefer to watch 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Property Tax Relief For Seniors California
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become an active 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?
Helping you settle your debt is the most known feature. They also provide additional services to assist you in becoming financially secure.
The process begins with requesting a free savings estimate online. The service is completely confidential and they will not be conducting a credit screening. With this savings estimate, you will discover more about options to be debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an insight into your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to help you with the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program, CuraDebt can be the company to take care of all your creditor’s calls. They will also be the ones who will determine what you will pay for your settlement depending on the condition of your finances. Depending on which works best for you, it can be a lump-sum settlement or an installment plan.
Moreover they will also work with creditors so that you can enjoy better rates when you make deposits to your savings account. This in turn, will process to pay creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve registered with them, they’ll allow you access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to monitor your performance.
Before you are able to avail the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. This includes medical bills, personal loans, credit cards as well as line of credit. They are also able to help settle any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. Additionally, you can ask questions during their free consult with their debt counselor.
The most appealing aspect of their program is that you only have to pay for the charges when your debt is paid off. All you need to do is sign up with one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial records, they will also collect all the paperwork you’ll need for tax returns.
With this program, you’ll be able to solve various tax issues such as garnishments on wages and tax penalties, personal and taxation for business, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing, which depends on the amount you’ll need to settle.
They offer different options in paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialization but they aren’t able to cater to all types of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If, however, you are in the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt, you should be able to settle your past-due tax debts without difficulty. Additionally, this service is offered to all 50 states if you have a debt to the IRS. They have federal tax experts to assist you with these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Personal and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is how they’ve priced their service. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they do not charge high costs either. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In general, this type of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debts within two to four years. But, it also differs depending on the amount that you save per month.
Additionally, they claim that you can save up to 30% if you include their costs into your calculations.
However, the claim may depend on the situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25%.
Then, if you’re done in the process of debt resolution, you may enroll in their credit restoration program.
It’s an excellent way to restore your credit score without going back into debt. However, the program lasts in a different way for each individual, depending on your situation.
Lastly, 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 experts in-house.
Some disadvantages to using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements typically require you to stop making payments using your credit card. So if you’re trying to build a better rating on your credit, this could set you back while you’re finishing your debt.
CureDebt also doesn’t have a mobile app. While they have a website for clients however, it appears outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. Moreover the 20% service cost is lower than many businesses that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account to see your progress, their website is not easy to navigate. CuraDebt does not have an app that could make it easier for you to track your progress.
But, they do have a competent support staff and can be reached them not just via email but also by phone or submitting an electronic ticket. Property Tax Relief For Seniors California
If your problem of debt is an problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ Property Tax Relief For Seniors California
How long will it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as late payroll 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 the team and make the necessary payments to reduce your debt over time.