Have your debts been piling up lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve already tried everything.
In most cases, the best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. Many people have been inquiring whether they can help you or put you in more debt.
According to their clients, they can help you manage 80% of your debts so that you are able to take couple of things off your shoulders.
But for some people the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. In that scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper study of the way CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can watch this video instead for a more relaxing way watching 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 review. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
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CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. However, they also offer other services that will aid you in becoming more financially secure.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be conducting a credit screening. With this estimate of savings you’ll be able to learn more about your alternatives to be debt-free.
The savings estimate, as mentioned previously, offers you an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with credit arbitration if you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement program, CuraDebt will be the one to take care of all your creditor’s calls. They’ll also be the ones that will negotiate the terms of your payment depending on the condition of your finances. Based on what works most effectively your situation, the payment could be a lump-sum settlement or the option of a payment plan.
Additionally, they will work with creditors so that you can have better rates as you transfer money into your savings account. This, in turn, will process to pay back the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they’ll give you access to your information 24/7. All you have to do is sign in to CuraDebts Client Portal to track your performance.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans credit cards, and also lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t receive assistance for 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 the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the sum you have. They also allow you to ask questions during their free meeting with their debt counselor.
The most appealing aspect of their program is that you’ll only pay the fees once your debt is settled. 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 taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve different types of taxes such as wage garnishments and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different options when it comes to paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although debt settlement is their forte, they don’t cater to all types of settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if your debt or loan is tied to a physical item.
However, if you have the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Moreover, this type of service is available to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students in negotiating any loans they owe.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt can assist you in paying 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 have paid off all of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind 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 depending on the amount that you are able to save each month.
Also, they claim you can save up to 30% if you include their fees in your equation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving between 50% and 80percent.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition, they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s a great option to rebuild your credit score without going into debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any creditor violations using their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . So if you’re trying to increase your credit score, it might set you back while you’re working on your debt.
CureDebt also doesn’t have a mobile app. While they have a website for clients, it looks aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more for these types of services. Additionally, their 20% service fee is cheaper than most companies that offer a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which would make it easier to track your performance.
But, they do have a competent support staff that you can contact them, not only via emails but also via phone or submitting an e-ticket. Property Tax Relief Homestead And Farmstead Exclusions Montgomery County Pa
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Property Tax Relief Homestead And Farmstead Exclusions Montgomery County Pa
How long does it take to finish the program?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs to aid you in dealing with problems like delinquent taxes and garnishments of wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.