Has your debt been increasing lately? Are you burnt out from trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because tried every thing.
In most cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they are able to help or put you into more debt.
According to their clients they can help you manage the majority of your debt so that you can take couple of things off your plate.
However, for certain people, these claims are just too good to be true.
If you’re looking for something that will aid you in settling your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll be taking a deep look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before beginning the review, check out this video instead for a more relaxing way watching it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company What Documents Do I Need For Pa Property Tax Relief For Disabled Veterans
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a part of 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, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide other services that can aid you in becoming more financially stable.
It all begins with requesting a free online savings estimate. The service is completely confidential and won’t be doing a credit check. By using this estimate of savings you’ll be able to be able to learn more about the options towards debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to help you with credit arbitration in the event that you decide to join. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to handle all of the calls from your creditors. They will also be the ones that negotiate conditions of the repayment depending on the condition of your financial situation. Depending on which works most effectively for you, it can be either a lump sum settlement or an installment plan.
Additionally they will be working with the creditors so that you can get better rates when you make deposits to your savings account. This is then processed to pay off the creditors. Their programs can assist you to settle the debt within the period of 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts’ client portal to monitor 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 meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the different ways CuraDebt can aid you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include personal loans, medical bills credit cards, and loans. You can also approach them to help settle any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority claims, loans from the government, collateral, and utility bills. The same goes for 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 debtors who are in violation in order to get cash settlements, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you have. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The most appealing aspect of the program is that you’ll only pay the fees after your debt has been settled. All you need to do is sign up with one of their plans, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial records, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to solve various tax issues like wage garnishments, tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing and is dependent on the amount you’ll have to pay.
They offer different options when it comes to 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 kinds of debts are they able to help with?
Although debt settlement is their forte, they don’t offer all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to assist you if your debt or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without any issues. Additionally, this service is available to all 50 states in the event that you have a debt to the IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate any student loans that they owe.
Personal and payday loans are also eligible to be eligible for debt relief programs. You can also avail the program if you have other unsecure credit lines that you have obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Also, they don’t have high-cost charges either. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
In general, this type of industry can charge anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. This varies according to the amount you are able to save each month.
Also, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, this statement will differ based on the situation. Some customers have even talked about saving 50% to 80percent.
The benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt only charges you after you’ve settled your debt. In addition they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief, you could enroll in their credit repair program.
It’s a fantastic method to improve the credit rating without having to go in debt again. The program is however designed different for every person according to your personal situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t inflate as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. If you’re trying to build a better rating on your credit, this might set you back while you’re working on your credit card debt.
CureDebt does not have a mobile app. While they do have a website for clients but it’s aged and simple. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on those types of services. Additionally, their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app that would make it easier to monitor your progress.
They do have a great support team and can be reached them not only through emails but also by phone or sending an e-ticket. What Documents Do I Need For Pa Property Tax Relief For Disabled Veterans
If your problem of debt is an problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ What Documents Do I Need For Pa Property Tax Relief For Disabled Veterans
What is the time frame to complete the program?
The typical program lasts from 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?
Yes, CuraDebt provides tax relief programs to aid you in dealing with problems such as delinquent payroll taxes and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce your debt over time.