Have your debts been increasing lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, the most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether 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 debt so that you are able to take couple of w
orries off your mind.
For some the claims seem 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 recommended by people. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can solve for you.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can watch this video instead if you prefer 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’ll want to read the rest of the article for a more comprehensive review.
About the Company What The Diffence Between National Debt Relief And Curadebt
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best popular feature. But they offer additional services to assist you in becoming financially stable.
It all begins by requesting a free savings estimate online. The service is completely confidential and they will not be conducting a credit screening. With this savings estimate you’ll be able to learn more about the other options in your journey towards debt-free.
This estimate of savings, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with the process of credit arbitration should you choose to join. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt is the agency to handle all of the calls from your creditors. They will be the ones who will determine conditions of the payment in accordance with the state of your financial situation. In determining which option is the best for you, it can be a lump-sum settlement or the option of a payment plan.
Moreover they will be working with the lenders to help you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they will provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal to monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you?
Here are the various ways CuraDebt can assist you.
Like their name implies, CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. These include medical bills, personal loans credit cards, and line of credit. You can also approach them to help settle any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes as well as IRS debt. However, you will not receive support for most of your lawsuits, 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 that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt counselor.
The best part about the program is that you only have to pay for the charges after your debt has been settled. All you need to do is sign up with any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you will be able to deal with various tax issues such as garnishments on wages and tax penalties, personal and business taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount you need to settle.
There are a variety of options in settling 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 kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization, they don’t provide all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They won’t be able to help you if the credit or loan is tied to an actual item.
If you do have the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay your past-due tax debts without difficulty. Additionally, this service is accessible across all 50 states, if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling your medical debt. In certain cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students with negotiating the student loans they owe.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you settle each of your debts.
Additionally, they don’t charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. However, this also varies in relation to the amount you are able to save each month.
Additionally, they claim that you could save as much as 30% by incorporating their costs into your calculations.
However, this statement will depend on your specific situation. Some clients even mentioned saving 50% to 80percent.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge a 20% fee while many companies charge 25%.
If you’re finished in the process of debt resolution you may enroll in their credit repair program.
It’s an excellent way to restore your credit score without going into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
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 creditor violations with the help of their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . Therefore, if you’re trying improve your credit score, it could set you back while you’re getting rid of your obligations.
CureDebt does not have a mobile app available. While they have a website for clients, it looks outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to resolve your debt without having to spend more for these types of services. Additionally their 20% service charge is lower than many companies that offer the 25% cost. There is no upfront payment, and you will 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 easy to navigate. CuraDebt does not have an app yet, which will make it easier to track your performance.
However, they have a good support team, and you can reach them not only through emails but also by phone or making an e-ticket. What The Diffence Between National Debt Relief And Curadebt
If the credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services that they provide are offered in your state.
FAQ What The Diffence Between National Debt Relief And Curadebt
How long does it take to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreement on the settlement.
Can CuraDebt assist in the fight against state tax issues?
Yes, CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent taxes and garnishments on wages.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with the team and pay the required payments to lower your debt over time.