Are you experiencing debt that has been piling up lately? Are you exhausted from trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, the best option is to speak with experts who can assist to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can assist you or put you in more debt.
According to their clients they can help you manage 80% of your debt so that you can take couple of w
orries off your plate.
For some the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into the advantages and disadvantages of this method.
Before starting the review, you can go to this video if you prefer 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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Reporting 2021 Property Tax Relief
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 is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. However, they also offer additional services to aid you in becoming more financially stable.
It all begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t be conducting a credit screening. With this estimate of savings you’ll discover more about other options in your journey towards debt-free.
This estimate of savings, which was mentioned before, gives you an idea of your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the company to take care of all your creditor’s calls. They will also be the ones who negotiate conditions of the settlement depending on the condition of your financial situation. In determining which option is the best to you, this can either be a lump sum settlement or an installment plan.
Furthermore they will also be working with the lenders to help you have better rates as you transfer money into your savings account. This, in turn, will be processed to pay back the creditors. Their programs can assist you to pay off the debt in two years.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills, credit cards and also loans. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance for the majority cases, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, should it be possible. Some violations can also cause your debt to be also dismissed.
CuraDebt can also help you pay off debts with less than the sum you have. Additionally, you can ask questions during their free consultation with their debt counsellor.
The greatest benefit of their plan is that you only be charged once your debt is settled. All you have to sign up to any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the documents you’ll require for tax returns.
With this program, you’ll be able to resolve the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you have to pay.
They have different solutions when it comes to the settlement of 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 types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to offer all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They aren’t able to assist you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without any issues. Moreover, this type of service is available to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt can also help resolve your medical debt. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating the student loans they are owed.
Personal and payday loans also qualify for the debt settlement program. You can also avail if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they do not charge high costs either. On average, you’ll have to pay up to 20% of the debt you settled with them.
On average, this type of industry charges between 15% and 25 percentage.
Moreover, clients can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you save per month.
Also, they claim that you could save as much as 30% by incorporating their charges into your calculation.
However, the claim may differ based on your specific situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. Furthermore they only charge 20% of the cost, whereas most companies charge you 25 percent.
Then, if you’re done with the debt settlement program, you may enroll in their credit repair program.
It’s a fantastic option to rebuild your credit score without having to go back into debt. However, the program runs in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors using their in-house experts.
Some disadvantages to the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with your credit card. If you’re trying to improve your standing on credit scores, you may delay you from getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. Although they have a website for clients, it looks old and mundane. It’s not particularly intuitive and could be difficult to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. In addition their 20% service fee is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment, and you will only have to pay the fee when the debt is settled.
Although they’ll give you an account to see your progress, their website is not user-friendly. CuraDebt does not have an app that will make it easier to look at your progress.
But, they do have a great support team that you can contact them not only through emails but by phone or by sending an electronic ticket. Reporting 2021 Property Tax Relief
If credit card is a major issue right now, we highly recommend CuraDebt’s program. Just make sure that you’re qualified and that the services they offer are available in your state.
FAQ Reporting 2021 Property Tax Relief
How long will it take to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt has a tax relief program to assist you with issues such as late payroll tax and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.