Have your debts increased lately? Are you burnt out from trying other financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, your best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can help you control the majority of your debt , so you can take couple of w
orries off your shoulders.
But for some people they believe these claims are too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In this case, CuraDebt will mostly be suggested by people. We’ll take a deeper review of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can check out this video instead for a more relaxing way watching 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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Property Tax Relief Minnesota
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. However, they also offer other services that can help you be more financially stable.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be conducting a credit screening. With this savings estimate you’ll discover more about options to be debt-free.
Savings estimates, as mentioned before, gives you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement plan, CuraDebt will be the agency to answer all of your creditors’ calls. They’ll also be the ones who will determine conditions of the payment based on the status of your finances. In determining which option is the most effectively your situation, the payment could either be a lump sum settlement or a payment plan.
Furthermore, they will be working with creditors so that you can enjoy better rates when you transfer money into your savings account. This is then processed to pay off the creditors. The plans they offer can help you pay off the debt in the period of 48 months.
Once you’ve signed up with them, they will provide you with access to your data 24/7. All you need to do is log in to CuraDebts the client portal so that you can monitor your performance.
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CuraDebt’s Requirements
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can aid you.
Debt Relief
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for 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 balance of business debt, collections, or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance with the majority of your lawsuits, government loans as well as collateral and utility bills. The same goes for 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 creditor violations so that you can have cash settlements, if possible. Certain violations could cause your debt to be also dismissed.
CuraDebt lets you repay debt for less than the amount you have. You can also have questions answered during a free consultation with their debt advisor.
The most appealing aspect of their program is that you will only be charged once your debt is settled. All you need to sign up for one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to resolve different types of taxes such as garnishments on wages, tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
They have different solutions for the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kinds of debts can they assist you with?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to provide all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They can’t help you if your loan or debt is linked to an item that is physical.
If, however, you are in one of the following kinds of debt, they will negotiate settlements on your behalf.
Tax Debt
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any problems. Additionally, this service is accessible across all 50 states, if you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
Medical Debt
CuraDebt can also assist in settling the medical bills. In certain cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. They can however assist private students negotiate the student loans they are owed.
Personal Loan
Payday loans and personal loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, or private label credit cards 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 service. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
Also, they do not charge high costs either. On average, you’ll have to pay as much as 20% of the debt you settled with them.
On average, this type of industry charges between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. But, it also differs in relation to the amount you are able to save each month.
They also claim you can save up to 30% if you include their fees in your equation.
However, the claim may differ based on the situation. Some customers have even talked about saving 50% to 80percent.
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The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. Furthermore they charge only an amount of 20%, while many companies charge 25%.
If you’re finished by the program for debt relief you can enroll in their credit repair program.
It’s a fantastic option to rebuild your credit without having to go in debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using the credit card you use. So if you’re trying to improve your rating on your credit, this may cause you to delay finishing your debt.
CureDebt doesn’t even have a mobile app. While they have a website that clients can access however, it appears outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more for these types of services. Additionally the 20% service cost is cheaper than most companies that offer an additional 25% charge. There is no upfront payment and you’ll only have to pay the fee when your debt is finally settled.
Although they’ll give you an account to see your progress, their website is not user-friendly. CuraDebt does not have an app yet, which could make it easier for you to monitor your progression.
But, they do have a competent support staff and can be reached them not only through emails but also by phone or submitting an e-ticket. Property Tax Relief Minnesota
If the debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they offer are available in your state.
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FAQ Property Tax Relief Minnesota
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems such as late payroll tax and garnishments of 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 the amount of debt you have over time.