Has your debt been piling up lately? Are you exhausted from trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, the most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people have been inquiring whether they can assist you or put you into more debt.
According to their clients they can help you manage 80% of your debt so that you can finally take a couple of things off your plate.
But for some people the claims seem too good to be true.
If you’re looking for any solution that could help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before you begin the review, watch this video instead for a more relaxing way for it to be watched.
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 review. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company What Is The Income Limit In Tn For Property Tax Relief In Tennessee
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. But they offer additional services to assist you in becoming financially stable.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential and they will not be doing a credit check. With this savings estimate you’ll discover more about other options in your journey to debt-free.
Savings estimates, as we’ve mentioned before, gives you an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement plan, CuraDebt is the one to handle all of your creditors’ calls. They will also be the ones that will negotiate the terms of your repayment based on the status of your finances. In determining which option is the most effectively for you, it can be either a lump sum settlement or an installment plan.
Additionally they will also be working with the creditors so that you can have better rates as you deposit money to your savings account, which in turn, will process to pay the creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you have to do is login to CuraDebts’ client portal to monitor your performance.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need 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 various ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They are able to negotiate settlements on your behalf for most types of debt. This includes personal loans, medical bills credit cards, and line of credit. You can also approach them to settle any outstanding balance of business debt and collections or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you won’t get assistance with the majority of your lawsuits, government loans, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation so that you can have cash settlements, if they are possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt can also help you repay debt for less than the amount you own. They also allow you to have questions answered during a free consultation with their debt counsellor.
The most appealing aspect of their program is that you’ll only be charged 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 settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you should be able to solve the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount you must settle.
They have different solutions 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 they specialize in debt settlement, it is not their specialization, they don’t offer all kinds in debt resolution. CuraDebt concentrates on loans that are not secured. They can’t help you if your loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle taxes that are due without any issues. Additionally, this service is accessible to all 50 states if you owe money towards the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also help resolve your medical debt. In some cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students with negotiating the student loans they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Additionally, they don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt you settled through them.
In the average, this kind of business can cost anywhere between 15% and 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
Also, they claim that you could save as much as 30% by incorporating their fees in your equation.
But this claim will also vary, depending on your specific situation. Some customers have even talked about saving 50 to 80%.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Additionally, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished with the debt settlement program, you could join their credit repair program.
It’s a great way to restore the credit rating without going in debt again. The program is however designed differently for each person according to your personal situation.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, 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
Let’s also consider some of the drawbacks of CuraDebt.
Debt relief and debt settlements typically require you to cease making payments with the credit card you use. If you’re trying to increase your rating on your credit, this could delay you from getting rid of your debt.
CureDebt also doesn’t offer a mobile application. While they do have a website for clients however, it appears aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. In addition their 20% service cost is less expensive than the majority of businesses that charge an additional 25% charge. There are no upfront payments, and you will only have to pay when your debt is finally settled.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to track your performance.
However, they have a competent support staff that you can contact them, not only via emails but by phone or by sending an electronic ticket. What Is The Income Limit In Tn For Property Tax Relief In Tennessee
If credit card is a major issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your state.
FAQ What Is The Income Limit In Tn For Property Tax Relief In Tennessee
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, 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 when I’m enrolled in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce your debt over time.