Have your debts been piling up lately? Are you burnt out from trying different financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried everything.
In the majority of cases, your best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients, they can help you control 80percent of your debt , so you can finally take a couple of things off your shoulders.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, go to this video in case you would prefer for it to be watched.
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. After, you will want to read the rest of the article for a more comprehensive review.
About the Company Senior Citzen And Disabled Property Tax Relief Act
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Helping you settle your debt is the most known feature. But they offer other services that will assist you in becoming financially secure.
It all starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t conduct a credit inquiry. With this estimate of savings you’ll learn more about your options to be debt-free.
The savings estimate, as mentioned earlier, provides you with the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration if 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 company to take care of all your creditors’ calls. They’ll be the ones who determine the terms of your settlement depending on the condition of your finances. Depending on which works most effectively to you, this could either be a lump sum settlement or the option of a payment plan.
Additionally they will be working with creditors so that you can enjoy better rates when you transfer money into your savings account, which in turn, will process to pay the creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts the client portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to pass their requirements first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. This includes personal loans, medical bills, credit cards and also lines of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. But, you won’t receive support for most cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like 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, should it be possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt can also help you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consultation with their debt counsellor.
The most appealing aspect of their program is that you will only have to pay for the charges after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documents, they will also collect all the necessary paperwork for tax returns.
By using this program, you’ll be able to resolve different types of taxes such as wage garnishments and tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices that is based on the amount you need to settle.
They offer different options when it comes to paying off the 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 cater to all types in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be 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 arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without any issues. Moreover, this type of service is accessible to all 50 states if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some instances, you may even pay them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students in negotiating any loans they are owed.
Personal and payday loans also qualify for the debt settlement program. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards as well as traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll have to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
They also claim that you could save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on your situation. Some clients even mentioned saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. In addition they only charge 20% of the cost, whereas many companies charge 25%.
Then, if you’re done in the process of debt resolution, you may join their credit repair program.
It’s a great method to improve your credit score without going back into debt. However, the program lasts different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the assistance of their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with your credit card. So if you’re trying to improve your standing on credit scores, you could set you back while you’re finishing your credit card debt.
CureDebt doesn’t even have a mobile app available. While they have a client website but it’s aged and simple. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not accredited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that lets you resolve your debt without having to spend more for these types of services. In addition, their 20% service charge is less expensive than the majority of firms that charge the 25% cost. There is no upfront payment, and you will only have to pay when the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt does not have an app yet, which would make it easier to track your performance.
But, they do have a great support team and can be reached them not only through emails but also via phone or submitting an electronic ticket. Senior Citzen And Disabled Property Tax Relief Act
If your problem of debt is an problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your area.
FAQ Senior Citzen And Disabled Property Tax Relief Act
How long will it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help with state tax problems?
Yes, CuraDebt offers a program for tax relief to assist you with issues like delinquent taxes and garnishments of wages.
What’s the first thing I have to 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.