Has your debt increased lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried everything.
In the majority of cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. Many people are asking if they are able to help or put you into more debt.
According to their clients they can assist you in managing the majority of your debts so that you can finally take a few things off of your mind.
For some the claims seem too good to be true.
If you’re looking for anything that can aid you in settling your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt works and what problems it can solve for you.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before beginning the review, you can check out this video instead for a more relaxing way 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company A Dynamic Analysis Of Permanent Extension Of The President’S Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. However, they also offer additional services to assist you in becoming financially stable.
The process starts by requesting a no-cost savings estimate online. This service is very confidential and won’t be conducting a credit screening. With this estimate of savings you’ll be able to learn more about the options to be debt-free.
Savings estimates, as mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to enroll. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement plan, CuraDebt can be the company to handle all of your creditor’s calls. They’ll also be the ones who will determine the terms of your payment based on the status of your finances. Depending on which works best for you, it can be either a lump sum settlement or an installment plan.
Additionally they will also work with creditors so that you can have better rates as you deposit money to your savings account, which in turn, will be processed to pay back the creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they will allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal so that you can monitor your performance.
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CuraDebt’s Requirements
Before you are able to avail the program, you’ll have to satisfy their criteria first. For eligibility, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can aid you.
Debt Relief
The name of the company suggests that CuraDebt can help you deal with your debt. They can negotiate settlements on your behalf for most types of debt. This includes medical bills, personal loans credit cards and line of credit. They can also be approached to pay off any remaining amount on business debts collection, repossessions, or collections.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive assistance with the majority cases, government loans 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 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 they are possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also ask questions during their free meeting with their debt advisor.
The most appealing aspect of the program is that you only have to pay for the charges after your debt has been settled. All you have to sign up for one of their plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documents They will also gather all the paperwork you’ll need for tax returns.
With this program, you will be able to solve different types of taxes 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 also. They only offer flat-fee prices, which depends on the amount you’ll need to settle.
They have different solutions for 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
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What kind of debt can they assist you with?
Although debt settlement is their specialty however, they do not provide all kinds in debt resolution. CuraDebt is only focused on unsecured debt. They aren’t able to help you if the loan or debt is linked to an actual item.
If, however, you are in one of the following kinds of debt, they’ll arrange settlements for you.
Tax Debt
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without any issues. Furthermore, this service is offered to all 50 states in the event that you have a debt to the IRS. They have federal tax experts to assist you with the issues.
Medical Debt
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any loans they owe.
Personal Loan
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible the program if you have other unsecure credit lines that you got from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Also, they do not charge high costs either. In the average, you’ll need to pay up to 20% of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. This varies in relation to the amount you are able to save each month.
Also, they claim that you could save as much as 30% if you include their fees in your equation.
But this claim will also differ based on your specific situation. Some customers have even talked about saving 50% to up to 80%.
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Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition they only charge 20% of the cost, whereas many companies charge 25%.
If you’re finished in the process of debt resolution you can join their credit repair program.
It’s a fantastic option to rebuild the credit rating without having to go into debt again. The program is however designed different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors using their experts in-house.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with . Therefore, if you’re trying increase your rating on your credit, this may delay you from working on your obligations.
CureDebt does not offer a mobile application. While they do have a website that clients can access, it looks aged and simple. It’s not particularly intuitive and could be difficult to navigate.
Moreover, they are still not credited with their Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more for these types of services. Moreover their 20% service cost is cheaper than most companies that offer a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt isn’t even an app, which will make it easier to track your performance.
However, they have a competent support staff and can be reached them not only through emails but by phone or by making an e-ticket. A Dynamic Analysis Of Permanent Extension Of The President’S Tax Relief
If debt is a big problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the services they offer are available in your area.
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FAQ A Dynamic Analysis Of Permanent Extension Of The President’S Tax Relief
How long does it take to complete the program?
The average program is between 24 and 48 months depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems like delinquent tax issues and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.