Has your debt been increasing lately? Are you exhausted from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can help you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80% of your debt , so you can take few things off of your shoulders.
However, for certain people the claims seem too good to be true.
You might be looking for anything that can help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at how CuraDebt operates and what issues it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its advantages and drawbacks.
Before you begin the review, you can go to this video if you prefer for it to be watched.
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 review. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company 2021 Tax Relief Act Renewal
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is the most well-known feature. However, they also offer additional services to help you be more financially stable.
First of all, it starts by requesting a no-cost online savings estimate. It is a completely private service, and they won’t be conducting a credit screening. By using this estimate of savings, you will learn more about your alternatives to debt-free.
This estimate of savings, as we’ve mentioned before, gives you the opportunity to consider your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support 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 the debt settlement program, CuraDebt is the company to handle all of your creditors’ calls. They’ll also be the ones that will negotiate conditions of the repayment depending on the condition of your finances. Depending on which works best to you, this can be either a lump sum settlement or the option of a payment plan.
Additionally they will work with creditors so that you can get better rates when you deposit money to your savings account, which in turn, will process to pay off the creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they will give you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal so that you can monitor your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to be:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf for all kinds of debt. This includes medical bills, personal loans credit cards and also lines of credit. They are also able to help settle any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get 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 will assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt also allows you to settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost meeting with their debt counsellor.
The most appealing aspect of the program is that you will only pay the fees when your debt is paid off. All you need to sign up for any of the plans and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documentation and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
By using this program, you should be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They only offer flat-fee prices and is dependent on the amount you’ll need to settle.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 options:
- 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 forte, they don’t offer all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They can’t help you if the debt or loan is tied to an actual item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any problems. Additionally, this service is accessible to all 50 states if you have a debt to the IRS. There are tax experts from the federal government to assist you with the issues.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students in negotiating the student loans they are owed.
Personal and payday loans are also eligible as debt-settling programs. 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 are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. Only pay when you’ve paid each of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay up to 20% of the debt you settled with them.
In general, this type of industry charges between 15 and 25%.
Additionally, customers can anticipate to pay off their debts in two to four years. This varies according to the amount you save per month.
They also claim that you can save as much as 30% when you factor in their costs into your calculations.
However, the claim may depend on your specific situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Now that you have an idea of the benefits CuraDebt offers, let’s look into the advantages of using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge a 20% fee while the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you could also sign up for their credit repair program.
It’s a fantastic method to improve your credit without going back into debt. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the help of their own experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using the credit card you use. Therefore, if you’re trying build a better credit score, it may cause you to delay working on your debt.
CureDebt also doesn’t have a mobile app. While they have a website for clients, it looks old and mundane. It’s not very intuitive and could be challenging to navigate.
In addition, they’re not accredited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you settle your debt without spending more for these types of services. Moreover their 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. 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 that allows you to track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app, which could make it easier for you to look at your performance.
But, they do have a great support team that you can contact them, not only via emails but by phone or by making an electronic ticket. 2021 Tax Relief Act Renewal
If debt is a big problem right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they provide are in your state.
FAQ 2021 Tax Relief Act Renewal
How long does it take to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt has a tax relief program that will aid you in dealing with problems such as delinquent payroll taxes 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 pay down your debt over time.