Are you experiencing debt that has increased lately? Are you burnt out from trying various 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, your most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can assist you or put you 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 shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of how CuraDebt operates and what issues it can solve for you.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before beginning the review, you can check out this video instead for a more relaxing way to watch 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 Was The Oneida County Ny Property Tax Relief Credit
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer additional services to help you be more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t conduct a credit inquiry. By using this estimate of savings you’ll discover more about options to debt-free.
This estimate of savings, as mentioned before, gives you an insight into 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 credit arbitration if you decide to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt will be the agency to answer all of the calls from your creditors. They will also be the ones who determine what you will pay for your settlement based on the status of your financial situation. Depending on which works best your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Additionally they will also be working with the creditors to ensure that you enjoy better rates when you transfer money into your savings account. This in turn, will be processed to pay off creditors. Their programs can assist you to pay off the debt in 48 months.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you need to do is log in to CuraDebts’ client portal to monitor your progress.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include medical bills, personal loans, credit cards and line of credit. You can also approach them to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate with back taxes as well as IRS debt. However, you will not receive assistance with the majority cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, if they are possible. Certain violations could result in having your debts also dismissed.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can ask questions during their free consult with their debt counselor.
The most appealing aspect of their plan is that you will only be charged when your debt is paid off. All you have to do is sign up with some of their programs, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they’ve gathered all your financial records and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to deal with various tax issues such as garnishments on wages and tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden costs either. They only use flat-fee pricing, which depends on the amount that you’ll must settle.
They have different solutions in paying off the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their specialty however, they do not offer all kinds of settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Furthermore, this service is offered across all 50 states, if you owe money towards the IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. They can however assist private students negotiate any student loans that they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail 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 as well as traditional credit cards or private label credit cards, CuraDebt can help you pay it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t charge high fees as well. On average, you’ll have to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere between 15 and 25 percent.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. But, it also differs in relation to the amount you save per month.
Additionally, they claim you can save as much as 30% when you factor in their costs into your calculations.
However, this statement will differ based on your situation. Some clients even mentioned saving between 50% and 80%.
Benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. Furthermore they only charge an amount of 20%, while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution you may enroll in their credit repair program.
It’s a great method to improve your credit score without going back into debt. The program is however designed in a different way for each individual, depending on your situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any creditor violations using their own experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using your credit card. Therefore, if you’re trying improve your credit score, it could cause you to delay getting rid of your debt.
CureDebt doesn’t even have a mobile app available. Although they have a website for clients, it looks old and mundane. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. In addition their 20% service fee is cheaper than most businesses that charge a 25% fee. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
Although they’ll give you an account that allows you to track your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that would make it easier to look at your progression.
They do have a good support team that you can contact them, not only via emails but by phone or by submitting an electronic ticket. What Was The Oneida County Ny Property Tax Relief Credit
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs that they provide are offered in your state.
FAQ What Was The Oneida County Ny Property Tax Relief Credit
How long will it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
Yes, CuraDebt offers a program for tax relief that can help you with problems such as late payroll tax and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.