Has your debt increased lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to experts who can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can assist you or help you get 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.
For some, these claims are just too good to be true.
You might be looking for anything that can aid you in settling your debt. In this situation, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of how CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before starting the review, you can check out this video instead if you 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 review. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company 2021 Tax Relief Act Estate And Gift Tax
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. They also provide other services that will aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate online. The service is completely confidential, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about alternatives towards debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your choices regardless of whether or not you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt can be the one to answer all of your creditors’ calls. They’ll also be the ones that will negotiate the terms of your payment based on the status of your finances. Based on what works most effectively your situation, the payment could be a lump-sum settlement or an installment plan.
Additionally, they will work with lenders to help you have better rates as you make deposits to your savings account, which in turn, will process to pay back creditors. Their plans can help you get rid of debt in just two years.
After you’ve registered with them, they’ll provide you with access to your data 24/7. All you have to do is login to CuraDebts Client Portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to pass their requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal your debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards and also loans. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you won’t get assistance with the majority cases, government loans or collateral, as well as 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 also help you find the violations of creditors so that you can have cash settlements, if possible. Certain violations could lead to having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the amount you own. Additionally, you can ask questions during their free meeting with their debt counsellor.
The greatest benefit of their program is that you’ll only pay the fees after your debt has been settled. All you have to do is sign up with some of their programs, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they’ve gathered all your financial records, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you’ll be able to resolve different types of taxes like wage garnishments and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing that is based on the amount that you’ll have to pay.
There are a variety of options for settling the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their forte however, they do not offer all kinds of debt settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if the loan or debt is linked to a physical item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without difficulty. Moreover, this type of service is offered across all 50 states, if you owe money to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also help resolve any medical-related debt. In some instances you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating any loans they owe.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards, CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
Also, they do not charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt you settled through them.
In the average, this kind of industry charges from 15% to 25 percentage.
In addition, customers can expect to pay off their debts in two to four years. But, it also differs in relation to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% if you include their fees in your equation.
But this claim will also depend on the situation. Some customers even claimed to save between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished by the program for debt relief, you can also sign up for their credit restoration program.
It’s a great option to rebuild your credit score without having to go in debt again. However, the program lasts differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also be looking into any violations by creditors with the assistance of their own experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with the credit card you use. Therefore, if you’re trying increase your credit score, it might delay you from getting rid of your debt.
CureDebt also doesn’t offer a mobile application. Although they have a website for clients but it’s outdated and basic. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on these kinds of services. Additionally, their 20% service fee is cheaper than most companies that offer a 25% fee. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt does not have an app yet, which could make it easier for you to monitor your performance.
They do have a competent support staff that you can contact them not only through emails but also by phone or making an electronic ticket. 2021 Tax Relief Act Estate And Gift Tax
If credit card is a major problem, then we highly recommend CuraDebt’s program. Make sure you’re eligible and that the programs they offer are available in your area.
FAQ 2021 Tax Relief Act Estate And Gift Tax
How long will it take to finish the program?
The average program is 24 to 48 months, depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt aid with tax problems in the state?
Sure, CuraDebt has a tax relief program that will assist you with issues such as late payroll tax and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to lower your debt over time.