Has your debt been piling up lately? Are you burnt out from trying different financial tips and advice but you’re still struggling with unsolved 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 settle this issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they can assist you or put you into more debt.
According to their customers, they can help you manage 80percent 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.
You might be looking for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before beginning 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 check out 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 Froms For Homestead And Farmstead Exclusions
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer other services that can assist you in becoming financially secure.
First of all, it starts by requesting a no-cost online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about your options towards debt-free.
Savings estimates, which was mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with credit arbitration in the event that you decide to join. 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 your creditors’ calls. They’ll also be the ones that negotiate what you will pay for your settlement in accordance with the state of your finances. Depending on which works best to you, this can be a lump-sum settlement or an installment plan.
Additionally they will be working with the lenders to help you have better rates as you transfer money into your savings account. This is then processed to pay the creditors. Their programs can assist you to get rid of debt in just 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you need to do is log in to CuraDebts’ client portal to monitor your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with personal loans, medical bills credit cards, and also line of credit. They can also be approached to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. Additionally, you can ask questions during their free meeting with their debt counsellor.
The greatest benefit of their plan is that you’ll only be charged once your debt is settled. All you have to sign up to some of their programs, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to solve various tax issues such as wage garnishments, tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you need to settle.
They have different solutions for settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
While debt settlement is their forte but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the loan or debt is linked to an actual item.
If you do have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Additionally, this service is available across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students with negotiating the student loans they are owed.
Personal and payday loans also qualify as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you settle each of your outstanding debts.
They also don’t charge high costs either. On average, you’ll be required to pay as much as 20 percent of the debt you settled with them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies in relation to the amount you can save up per month.
Additionally, they claim that you could save as much as 30% if you include their charges into your calculation.
However, this statement will vary, depending on your situation. Some customers even claimed to save 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they charge only a 20% fee while most companies charge you 25%.
If you’re finished in the process of debt resolution, you can also sign up for their credit restoration program.
It’s a fantastic method to improve your credit score without having to go in debt again. However, the program runs differently for each person according to your personal situation.
Finally, CureDebt looks into your credit to help with settlements and negotiations. So, the amount you owe won’t rise over time. They’ll also investigate any violations of creditor with the help of their own experts.
The drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to stop paying with your credit card. If you’re trying to build a better rating on your credit, this could set you back while you’re working on your credit card debt.
CureDebt doesn’t even offer a mobile application. While they do have a client website but it’s old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Furthermore, they are not credited with the 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 on those types of services. Additionally the 20% service cost is less expensive than the majority of businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
While they’ll provide you with an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app that could make it easier for you to track your progress.
However, they have a good support team and can be reached them not just via email but also by phone or making an electronic ticket. Property Tax Relief Froms For Homestead And Farmstead Exclusions
If debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
FAQ Property Tax Relief Froms For Homestead And Farmstead Exclusions
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt offers a program for tax relief to help you with problems like delinquent tax issues and garnishments on wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with the team and make the necessary payments to lower your debt over time.