Have your debts been piling up lately? Are you tired of trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve been through everything.
In the majority of cases, your most effective approach is to talk to experts who can assist to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many 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 debt so that you can take few things off of your mind.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for any solution that could help you resolve your debt. In that case, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can solve for you.
Moreover, before we end we’ll look at the advantages and disadvantages of this method.
Before you begin the review, check out this video instead in case you would prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Wisconsin School Tax Relief For Senior Citizens
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with 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 pay off your debt is CuraDebt’s most well-known feature. But they offer other services that can assist you in becoming financially stable.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential, and they won’t be doing a credit check. By using this estimate of savings, you will be able to learn more about the other options in your journey towards debt-free.
Savings estimates, as mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt can be the company to answer all of the calls from your creditors. They will be the ones who negotiate what you will pay for your repayment based on the status of your financial situation. Based on what works most effectively your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Moreover they will also be working with lenders to help you get better rates when you make deposits 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.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts the client portal to track your development.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing your debt. They can negotiate settlements on your behalf to settle most types of debt. They can help with personal loans, medical bills credit cards, and line of credit. You can also approach them to pay off any remaining amount on business debts, collections, or repossessions.
They may also assist in negotiating for 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. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations so that you can have cash settlements, if possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of their program is that you will only have to pay for the charges once your debt is settled. All you need to sign up to any of the plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial documentation They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to solve various tax issues such as wage garnishments and tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount you have to pay.
There are a variety of options for settling your 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 types of debt can they assist you with?
While debt settlement is their specialization, they don’t provide all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if your debt or loan is tied to an item that is physical.
If you do have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to pay taxes that are due without difficulty. Moreover, this type of service is accessible to all 50 states if you have a debt to the IRS. They have federal tax experts to assist you with the issues.
CuraDebt will also help you resolve your medical debt. In some instances, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students negotiate any loans they owe.
Personal loans and payday loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your debts.
They also don’t have high-cost fees as well. In the average, you’ll need to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect to pay off their debts in 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 can save up to 30% if you include their fees in your equation.
However, this statement will differ based on your specific situation. Some clients even mentioned saving 50 to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt only charges you when you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done in the process of debt resolution, you may also sign up for their credit repair program.
It’s a great option to rebuild your credit score without having to go in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase over time. They’ll also look into any violations of creditor with the assistance of their own experts.
The drawbacks of using CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with . So if you’re trying to build a better standing on credit scores, you may set you back while you’re getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app available. While they have a website that clients can access but it’s outdated and basic. It’s not very intuitive and could be difficult to navigate.
In addition, they’re not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on these kinds of services. In addition their 20% service charge is cheaper than most businesses that charge the 25% cost. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
Although they’ll give you an account to see your progress, their website is not easy to navigate. CuraDebt also doesn’t have an app that would make it easier to track your progression.
However, they have a good support team and can be reached them not only through emails but also via phone or sending an electronic ticket. Wisconsin School Tax Relief For Senior Citizens
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Wisconsin School Tax Relief For Senior Citizens
How long does it take to complete the program?
The average program is between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt assist with state tax problems?
Yes, CuraDebt has a tax relief program that can assist you with issues such as late payroll tax and garnishments of wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to reduce the amount of debt you have over time.