Has your debt been increasing lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, your best option is to speak with professionals that can help you resolve the 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 assist you in managing 80% of your debt so that you are able to take couple of things off your mind.
For some they believe these claims are too good to be true.
If you’re looking for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before starting the review, you can watch this video instead in case you would 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 our article for a more comprehensive review.
About the Company What States Offer Veterans Property Tax Relief Or Exemptions
CuraDebt is a company that provides debt relief 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 through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most known feature. They also provide other services that can help you be more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this savings estimate you’ll be able to learn more about your alternatives towards debt-free.
The savings estimate, 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 in navigating credit arbitration if you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt can be the company to handle all of the calls from your creditors. They will be the ones who negotiate what you will pay for your settlement depending on the condition of your finances. In determining which option is the most effectively for you, it can be a lump-sum settlement or a payment plan.
Moreover they will also be working with creditors so that you can have better rates as you transfer money into your savings account, which in turn, will process to pay the creditors. Their programs can assist you to settle the debt within two years.
After you’ve registered with them, they will provide you with access to your data 24/7. All you need to do is sign in to CuraDebts the client portal so that you can monitor your performance.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can help you deal with debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with medical bills, personal loans credit cards, and loans. You can also approach them to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, government loans, collateral, and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like that of 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 to ensure that you receive cash settlements, if possible. Certain violations may cause your debt to be removed as well.
CuraDebt can also help you repay debt for less than the amount you own. Additionally, you can have questions answered during a free meeting with their debt counsellor.
The greatest benefit of their plan is that you’ll only be charged after your debt has been settled. All you need to do is sign up with any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documents They will also gather all the documents you’ll require for tax returns.
With this program, you will be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing, which depends on the amount that you’ll need to settle.
They have different solutions for paying off taxes. 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 can they assist you with?
Although debt settlement is their specialization but they aren’t able to offer all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if the credit or loan is tied to an actual item.
If you do have one of the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any problems. Moreover, this type of service is offered across all 50 states, if you owe money in arrears to IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle them for less than what you have to pay.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students negotiate any loans they have to pay.
Personal loans and payday loans also qualify as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you have paid off all of your debts.
Also, they do not charge high costs either. In the average, you’ll need to pay up to 20% of the debt you settled through them.
In the average, this kind of industry charges from 15% to 25%.
In addition, customers can expect to settle their debts within two to four years. However, this also varies depending on the amount that you can save up per month.
Also, they claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done by the program for debt relief, you can enroll in their credit restoration program.
It’s a great option to rebuild your credit without going into debt again. However, the program runs different for every person according to your personal situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also investigate any violations by creditors using their own experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief typically require you to stop making payments using . If you’re trying to improve your standing on credit scores, you could set you back while you’re working on 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 intuitive, and it can be difficult to navigate.
Moreover, they are still 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 settle your debt without spending more on those types of services. Moreover their 20% service fee is less expensive than the majority of companies that offer the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app, which will make it easier to look at your progression.
They do have a great support team and can be reached them not just via email but also by phone or submitting an e-ticket. What States Offer Veterans Property Tax Relief Or Exemptions
If your problem of debt is an issue right now, we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your area.
FAQ What States Offer Veterans Property Tax Relief Or Exemptions
What is the time frame to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that can help you with problems like delinquent tax and garnishments on wages.
What should I do after joining the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.