Has your debt been increasing lately? Are you burnt out from trying other financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can help you or put you into more debt.
According to their clients they can help you manage the majority of your debt , so you can take few things off of your mind.
But for some people, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review 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 starting the review, you can check out this video instead 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. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Tennessee Property Tax Relief For Seniors
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer additional services to aid you in becoming more financially stable.
The process begins with requesting a free savings estimate online. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to discover more about options to be debt-free.
Savings estimates, which was mentioned before, gives you the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement program, CuraDebt is the one to answer all of your creditors’ calls. They’ll also be the ones that will determine conditions of the settlement based on the status of your finances. Based on what works most effectively your situation, the payment could be either a lump sum settlement or an installment plan.
Moreover, they will work with creditors so that you can enjoy better rates when you make deposits to your savings account, which in turn, will be processed to pay off creditors. The plans they offer can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll provide you with access to your data 24/7. All you need to do is login to CuraDebts the client portal to monitor your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll need to be:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with personal loans, medical bills, credit cards as well as lines of credit. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. However, you won’t get assistance for the majority claims, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if they are possible. Certain violations could result in having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. Additionally, you can have questions answered during a free consult with their debt counselor.
The greatest benefit of 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 have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documents and tax documents, they’ll also collect all the necessary paperwork for tax returns.
Through this program, you’ll be able to resolve different types of taxes like wage garnishments and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you must settle.
They offer different options in the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
Although debt settlement is their specialty however, they do not provide all kinds in debt resolution. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if your loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Furthermore, this service is offered across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving 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 have to pay.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any loans they are owed.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as 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 is the way they’ve priced their service. They don’t charge an upfront fee. You’ll only pay once you’ve paid each of your outstanding debts.
They also do not charge high charges either. On average, you’ll have to pay as much as 20 percent of the debt that you settled with them.
In general, this type of industry charges from 15% to 25%.
In addition, customers can expect to pay off their debts in between 2 and 4 years. But, it also differs according to the amount you save per month.
They also claim that you could save as much as 30% by incorporating their fees in your equation.
However, this statement will depend on the situation. Some customers even claimed to save 50 to up to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can provide, let’s look into the advantages of using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program, you may also sign up for their credit repair program.
It’s a fantastic method to improve your credit score without going in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also investigate any violations of creditor with the help of their own experts.
The drawbacks of using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying increase your rating on your credit, this might delay you from getting rid of your debt.
CureDebt does not have a mobile app. Although they have a website that clients can access however, it appears outdated and basic. It’s not very user-friendly, and can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that lets you pay off your debts without spending more on these kinds of services. Additionally their 20% service cost is less expensive than the majority of companies that offer an additional 25% charge. There aren’t any upfront fees and you’ll only be required to pay once the debt is paid off.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which will make it easier to look at your progression.
But, they do have a great support team, and you can reach them not just via email but also by phone or sending an e-ticket. Tennessee Property Tax Relief For Seniors
If credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your state.
FAQ Tennessee Property Tax Relief For Seniors
How long does it take to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll taxes and garnishments of wages.
What do I need to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower the amount of debt you have over time.