Have your debts been increasing lately? Are you exhausted from trying various financial advice and tips but still have unsolved issues?
Maybe 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 asked companies. Many people are asking if they can help you or put you into more debt.
According to their clients, they can help you manage 80percent of your debt , so you can take couple of things off your shoulders.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In this scenario, 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, we’ll also look into its benefits and drawbacks.
Before starting the review, watch this video instead in case you would prefer to watch it.
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 our article for a more comprehensive review.
About the Company Senior Citizens And Persons With Disabilities Property Tax Relief Act
CuraDebt is a debt relief company from 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 it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is the most well-known feature. They also provide other services that can help you be more financially stable.
The process begins by requesting a free online savings estimate. The service is completely confidential and won’t conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the options towards debt-free.
This estimate of savings, as we’ve mentioned before, gives you an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to help you with credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to answer all of the calls from your creditors. They will also be the ones that will negotiate conditions of the payment in accordance with the state of your financial situation. Depending on which works best for you, it can be a lump-sum settlement or a payment plan.
Additionally, they will be working with the lenders to help you get better rates when you deposit money to your savings account. This, in turn, will be processed to pay back the creditors. Their programs can assist you to get rid of debt in just two years.
Once you’ve signed up 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 progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. This includes medical bills, personal loans, credit cards as well as lines of credit. They can also be approached to help settle any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you won’t get support for most cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt can also help you pay off debts with less than the sum you have. You can also ask questions during their free meeting with their debt advisor.
The best part about their program is that you will only have to pay for the charges after your debt has been settled. All you have to do is sign up with any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they collect all of your financial documentation, they will also collect all the documents you’ll require to file tax returns.
By using this program, you’ll be able to solve various tax issues such as garnishments on wages, tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices that is based on the amount that you’ll need to settle.
They offer different options for paying off your tax debt. Here are six 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 assist you with?
Although debt settlement is their forte but they aren’t able to offer all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if your debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Additionally, this service is available to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle the debt for less than you have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating any student loans that they have to pay.
Payday loans and personal 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 you obtained 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.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
Additionally, they do not charge high costs either. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled through them.
On average, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim that you can save as much as 30% when you factor in their costs into your calculations.
However, this statement will depend on your situation. Some customers even claimed to save between 50% and 80%.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. In addition they only charge 20% of the cost, whereas most companies charge you 25%.
Then, if you’re done in the process of debt resolution you could also sign up for their credit restoration program.
It’s an excellent way to restore the credit rating without going in debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any violations of creditor using their in-house experts.
The drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with your credit card. Therefore, if you’re trying build a better standing on credit scores, you may cause you to delay working on your debt.
CureDebt doesn’t even have a mobile app. Although they have a website for clients but it’s aged and simple. It’s not particularly intuitive, and it can be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Moreover their 20% service fee is lower than many firms that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to monitor your progression.
But, they do have a great support team that you can contact them not just via email but also by phone or sending an electronic ticket. Senior Citizens And Persons With Disabilities Property Tax Relief Act
If your credit card is a major issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they offer are available in your state.
FAQ Senior Citizens And Persons With Disabilities Property Tax Relief Act
How long will it take to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt offers a program for tax relief that can help you with problems such as delinquent payroll tax issues and wage garnishments.
What should I do after joining the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.