Have your debts been increasing lately? Are you burnt out from trying other financial advice and strategies but haven’t solved your problems?
Maybe you’re here because you’ve been through everything.
In the majority of cases, your most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of people are asking if they are able to help or put you into more debt.
According to their clients they can help you control the majority of your debt , so you can finally take a few things off of your plate.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before beginning the review, go to this video in case you would prefer to watch it.
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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Property Tax Relief For Seniors In Nc
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become a part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. However, they also offer other services that can assist you in becoming financially stable.
First of all, it begins with requesting a free savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings you’ll learn more about your other options in your journey towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with an idea of your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program, CuraDebt is the one to handle all of your creditor’s calls. They will be the ones who determine conditions of the repayment in accordance with the state of your financial situation. Based on what works most effectively to you, this could be a lump-sum settlement or the option of a payment plan.
Furthermore they will also work with creditors to ensure that you get better rates when you transfer money into your savings account. This, is then processed to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
Once you’ve signed up with them, they will give you access to your data 24/7. All you have to do is log in to CuraDebts’ client portal to monitor your progress.
Before you are able to avail the program, you’ll have to pass their requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards, and also line of credit. They are also able to help settle any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive assistance for the majority claims, loans from the government 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 that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts also dismissed.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their plan is that you will only be charged when your debt is paid off. All you need to do is sign up with one of their plans and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to resolve various tax issues like garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you have to pay.
They offer different options for settling 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 they specialize in debt settlement, it is not their forte however, they do not provide all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They can’t assist you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without difficulty. Furthermore, this service is offered to all 50 states if you have a debt in arrears to IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In certain cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students in negotiating the student loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you got from another 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 will help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your debts.
Also, they do not charge high fees as well. On average, you’ll have to pay up to 20% of the debt you settled with them.
In general, this type of industry charges between 15% and 25 percentage.
In addition, customers can expect to settle their debt from 2 to 4 years. However, this also varies depending on the amount that you are able to save each month.
Additionally, they claim that you could save up to 30% by incorporating their costs into your calculations.
But this claim will also vary, depending on the situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you let’s look into the advantages of using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. Furthermore they charge only a 20% fee while most companies charge you 25 percent.
If you’re finished by the program for debt relief, you can also sign up for their credit repair program.
It’s an excellent method to improve your credit without having to go back into debt. However, the program lasts different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also investigate any creditor violations using their experts in-house.
Some disadvantages to the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using your credit card. If you’re trying to increase your rating on your credit, this may set you back while you’re working on your debt.
CureDebt does not offer a mobile application. While they do have a website that clients can access but it’s old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not accredited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more on these kinds of services. Additionally the 20% service cost is cheaper than most firms that charge an additional 25% charge. There are no upfront payments, and you will only have to pay the fee when the debt is settled.
Although they’ll give you an account that allows you to track your progress, their website is not easy to navigate. CuraDebt isn’t even an app that would make it easier to look at your performance. Property Tax Relief For Seniors In Nc
However, they have a great support team, and you can reach them, not only via emails but by phone or by sending an e-ticket. Property Tax Relief For Seniors In Nc
If the problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Property Tax Relief For Seniors In Nc
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
It is true that CuraDebt provides tax relief programs to help you with problems such as delinquent payroll taxes and wage garnishments.
What should I do after joining the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.