Has your debt been increasing lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they are able to help or put you into more debt.
According to their customers, they can assist you in managing 80percent of your debts 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.
If you’re looking for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll take a deeper 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, check out this video instead in case you would 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 will want to read the rest of our article for a more comprehensive review.
About the Company Salt Lake County Property Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by 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 settle your debt is CuraDebt’s most well-known feature. But they offer other services that will aid you in becoming more financially secure.
The process begins with requesting a free online savings estimate. This service is very confidential, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to discover more about alternatives to be debt-free.
This estimate of savings, as we’ve mentioned earlier, provides you with an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program, CuraDebt is the one to take care of all the calls from your creditors. They’ll also be the ones that will negotiate the terms of your repayment in accordance with the state of your financial situation. Depending on which works most effectively to you, this could be either a lump sum settlement or a payment plan.
Additionally they will be working with creditors so that you can get better rates when you transfer money into your savings account, which is then processed to pay back the creditors. The plans they offer can help you settle the debt within two years.
After you’ve signed up with them, they’ll allow you access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to track your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for the majority of types of debt. This includes medical bills, personal loans credit cards, as well as loans. They can also be approached to pay off any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get assistance with 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 with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation to ensure that you receive cash settlements, if possible. Some violations can also lead to having your debts removed as well.
CuraDebt can also help you pay off debts with less than the sum you have. You can also inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about their plan is that you will only pay the fees after your debt has been settled. All you need to sign up for any of the plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation They will also gather all the necessary paperwork for tax returns.
Through this program, you will be able to solve the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing and is dependent on the amount you’ll need to settle.
They offer different options for the settlement of the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they help you with?
Although they specialize in debt settlement, it is not their forte, they don’t cater to all types of settlement. CuraDebt concentrates on loans that are not secured. They can’t help you if the debt or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able pay off your past-due tax debts without any issues. Furthermore, this service is accessible across all 50 states, if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. In some cases, you may even pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students with negotiating the student loans they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you got from a different financial institution or bank.
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.
How much will it cost?
The greatest thing about CuraDebt is how the company has priced its services. They do not charge an upfront cost. Only pay when you’ve paid each of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25%.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs in relation to the amount you can save up per month.
They also claim that you could save as much as 30% when you factor in their costs into your calculations.
However, the claim may differ based on the situation. Some customers have even talked about saving between 50% and 80percent.
The benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge a 20% fee while most companies charge you 25%.
Then, if you’re done with the debt settlement program, you could join their credit repair program.
It’s a great method to improve the credit rating without going in debt again. The program is however designed different for every person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any violations by creditors with the help of their own experts.
The drawbacks of the use of CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . If you’re trying to increase your credit score, it might set you back while you’re getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. While they do 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.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on these kinds of services. In addition, their 20% service cost is lower than many firms that charge an additional 25% charge. There aren’t any upfront fees, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which will make it easier to monitor your performance.
They do have a great support team and can be reached them not just via email but also via phone or submitting an electronic ticket. Salt Lake County Property Tax Relief
If problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ Salt Lake County Property Tax Relief
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll need to constantly communicate with your team members and pay the required payments to reduce the amount of debt you have over time.