Have your debts been increasing lately? Are you burnt out from trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can assist you or put you in more debt.
According to their clients, they can help you control 80percent of your debt , so you can finally take a few things off of your mind.
For some the claims seem too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In this scenario, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can solve for you.
Moreover, before we end our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can check out this video instead if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Ron Nirenberg Didn’T Approve Tax Relief For Seniors During A Council Meeting
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that will aid you in becoming more financially stable.
First of all, it begins with requesting a free savings estimate on the internet. This service is very confidential, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll discover more about alternatives to be debt-free.
The savings estimate, as mentioned earlier, provides you with the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating credit arbitration if you decide to enroll. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement plan, CuraDebt is the agency to take care of all your creditors’ calls. They will also be the ones who will determine what you will pay for your repayment depending on the condition of your financial situation. Based on what works best to you, this can be a lump-sum settlement or the option of a payment plan.
Additionally they will also be working with the creditors to ensure that you get better rates when you make deposits to your savings account, which is then processed to pay off the creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you have to do is login to CuraDebts the client portal so that you can monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They can negotiate settlements on behalf of you for all kinds of debt. This includes medical bills, personal loans, credit cards and line of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. But, you won’t receive assistance with the majority claims, 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 those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be also dismissed.
CuraDebt can also help you settle debt with less than the amount you own. You can also inquire about your debt during their no-cost meeting with their debt advisor.
The best part about their plan is that you only pay the fees once your debt is settled. All you have to sign up to one of their plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
With this program, you will be able to solve the various types of tax problems like wage garnishments as well as tax penalties for personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing that is based on the amount that you’ll have to pay.
There are a variety of options in settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their forte but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to assist you if your credit or loan is tied to a physical item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without difficulty. Moreover, this type of service is offered to all 50 states if you have a debt to the IRS. There are federal tax experts to assist you with the issues.
CuraDebt can also assist in settling your medical debt. In some cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students negotiate any student loans that they are owed.
Personal and payday loans are also eligible to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through 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 most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
In the average, this kind of industry can charge anywhere between 15% and 25%.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. But, it also differs depending on the amount that you save per month.
Also, they claim that you can save up to 30% when you factor in their fees in your equation.
But this claim will also vary, depending on the situation. Some customers have even talked about saving between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of the benefits CuraDebt can offer you Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. In addition they charge only a 20% fee while many companies charge 25%.
Then, if you’re done by the program for debt relief, you may enroll in their credit repair program.
It’s a great method to improve the credit rating without having to go back into debt. The program is however designed in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your credit to assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors with the help of their experts in-house.
The drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you stop making payments using the credit card you use. So if you’re trying to improve your rating on your credit, this could set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app. While they do have a client website however, it appears outdated and basic. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not accredited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. In addition their 20% service fee is lower than many businesses that charge a 25% fee. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app that could make it easier for you to look at your performance.
But, they do have a competent support staff and can be reached them, not only via emails but by phone or by making an electronic ticket. Ron Nirenberg Didn’T Approve Tax Relief For Seniors During A Council Meeting
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services that they provide are offered in your area.
FAQ Ron Nirenberg Didn’T Approve Tax Relief For Seniors During A Council Meeting
What is the time frame to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt has a tax relief program to help you with problems like delinquent taxes and garnishments on wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to reduce your debt over time.