Are you experiencing debt that has been increasing lately? Are you exhausted from trying different financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In the majority of cases, your best way is to approach experts who can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they can help you or put you into more debt.
According to their clients, they can help you control 80% of your debts so that you can finally take a few things off of your mind.
However, for certain people they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt is used and the problems 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, check out 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. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company When Do You Qualify For Personal Property Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is 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.
While it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is the most known feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. With this savings estimate you’ll learn more about your other options in your journey to debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an idea of your choices 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 in your debt-free journey.
After your debt settlement plan, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll be the ones who will negotiate what you will pay for your payment depending on the condition of your finances. Based on what works best to you, this can either be a lump sum settlement or the option of a payment plan.
Furthermore they will be working with the creditors so that you can have better rates as you transfer money into your savings account, which is then processed to pay off the creditors. Their plans can help you get rid of debt in just 48 months.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you have to do is sign in to CuraDebts the client portal to monitor your development.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you?
Here are the different ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. These include personal loans, medical bills credit cards, and lines of credit. They are also able to pay off any remaining amount on business debts and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance with the majority claims, loans from the government 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 can also assist you in identifying creditor violations in order to get cash settlements, if they are possible. Some violations can also lead to having your debts removed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. You can also ask questions during their free consult with their debt counselor.
The greatest benefit of the program is that you’ll only pay the fees when your debt is paid off. All you have to sign up to some of their programs and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
By using this program, you should be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and corporate taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll must settle.
There are a variety of options when it comes to paying off the tax debt. Here are 6 options:
- 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 debt settlement is their specialty but they aren’t able to offer all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They won’t be able to 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 make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Furthermore, this service is available across all 50 states, if you have a debt towards the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer federal student loans. Still, they can help private students negotiate any loans they owe.
Personal and payday loans are also eligible for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is the way they’ve priced their services. They don’t charge upfront fees. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they do not charge high charges either. In the average, you’ll need to pay up to 20 percent of the debt that you settled through them.
In the average, this kind of business can cost anywhere from 15% to 25%.
Moreover, clients can expect to pay off their debts in two to four years. This varies in relation to the amount you can save up per month.
Also, they claim that you can save up to 30% by incorporating their fees in your equation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving 50 to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Additionally they charge only a 20% fee while the majority of companies charge 25%.
If you’re finished with the debt settlement program you may join their credit repair program.
It’s a great option to rebuild your credit without going in debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also be looking into any creditor violations with the help of their experts in-house.
The drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using . Therefore, if you’re trying increase your credit score, it 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 aged and simple. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on those types of services. Additionally the 20% service charge is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is paid off.
Although they’ll allow you to access an account that allows you to 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 progress.
But, they do have a good support team that you can contact them not just via email but also via phone or making an e-ticket. When Do You Qualify For Personal Property Tax Relief
If problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your state.
FAQ When Do You Qualify For Personal Property Tax Relief
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 your agreed settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt provides tax relief programs to assist you with issues such as late payroll taxes and garnishments of wages.
What do I need to do after joining the program?
You’ll be required to communicate with the team and pay the required payments to reduce your debt over time.