Have your debts been increasing lately? Are you tired of trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many customers have asked if they are able to help or help you get into more debt.
According to their clients, they can help you manage the majority of your debts so that you can finally take a couple of w
orries off your mind.
However, for certain people, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. If that’s the scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it could help solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before beginning the review, go to this video for a more relaxing way to watch 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 Is The Deduction For Homesteads Tax Relief Louisville Ky
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is 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 it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. However, they also offer other services that will aid you in becoming more financially secure.
The process begins with requesting a free savings estimate online. This service is very confidential and won’t be conducting a credit screening. With this estimate of savings you’ll be able to discover more about other options in your journey to debt-free.
Savings estimates, as we’ve mentioned previously, offers you the opportunity to consider your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you with your debt-free journey.
After your debt settlement program, CuraDebt is the company to handle all of your creditor’s calls. They will be the ones who will negotiate conditions of the repayment based on the status of your finances. Based on what works most effectively your situation, the payment can be a lump-sum settlement or the option of a payment plan.
Moreover they will be working with the lenders to help you enjoy better rates when you deposit money to your savings account. This, is then processed to pay creditors. Their programs can assist you to pay off the debt in two years.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal to track your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to be:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans, credit cards and loans. They can also be approached to settle any outstanding balance on business debt, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive assistance with the majority cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors in order to get cash settlements, if possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the sum you have. They also allow you to ask questions during their free consultation with their debt counselor.
The most appealing aspect of the program is that you will only pay the fees when your debt is paid off. All you have to sign up to 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 the tax liabilities you have. After they have gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you should be able to resolve the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing that is based on the amount you have to pay.
There are a variety of options when it comes to settling your tax debt. Here are 6 options:
- 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 however, they do not offer all kinds of settlement. CuraDebt only focuses on debt that is not secured. They can’t 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’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without difficulty. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. 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. They can however assist private students in negotiating the student loans they are owed.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll have to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of industry charges between 15 and 25 percent.
Moreover, clients can expect to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
They also claim that you can save as much as 30% when you factor in their charges into your calculation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you after you’ve settled your debt. In addition they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done with the debt settlement program you may enroll in their credit repair program.
It’s an excellent method to improve your credit score without going back into debt. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations of creditor with the assistance of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with your credit card. If you’re trying to increase your standing on credit scores, you may delay you from working on your obligations.
CureDebt does not have a mobile app available. While they do have a website that clients can access, it looks outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more for these types of services. Moreover the 20% service fee is cheaper than most firms that charge a 25% fee. There is no upfront payment, and you will only have to pay when the debt is paid off.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which could make it easier for you to track your performance.
However, they have a good support team and can be reached them not just via email but by phone or by making an electronic ticket. What Is The Deduction For Homesteads Tax Relief Louisville Ky
If problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be qualified and that the services they offer are available in your area.
FAQ What Is The Deduction For Homesteads Tax Relief Louisville Ky
How long does it take to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt offers a program for tax relief that will help you with problems such as delinquent payroll taxes and garnishments of wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.