Have your debts been piling up lately? Are you exhausted from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because already tried every thing.
In most cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of 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 customers, they can help you manage 80% of your debt , so you are able to take couple of w
orries off your mind.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can aid you in settling your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt works and what problems it can help you solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out 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 Absl Tax Relief 96 Fund
CuraDebt is a debt relief company 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 accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. They also provide other services that can assist you in becoming financially secure.
The process begins with requesting a free savings estimate online. This service is very confidential and they will not be doing a credit check. By using this estimate of savings, you will learn more about your options to debt-free.
Savings estimates, as we’ve mentioned before, gives you an idea of your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration if you decide to join. Certain financial advisors can assist you on your path to debt-free living.
After your debt settlement plan, CuraDebt is the company to take care of all the calls from your creditors. They will be the ones who negotiate what you will pay for your settlement based on the status of your finances. Based on what works most effectively your situation, the payment could be a lump-sum settlement or a payment plan.
Furthermore, they will be working with the creditors so that you can get better rates when you make deposits to your savings account, which in turn, will be processed to pay back creditors. Their programs can assist you to settle the debt within 48 months.
Once you’ve signed up with them, they’ll give you access to your information 24/7. All you need to do is log in to CuraDebts’ client portal so that you can monitor your progress.
Before you are able to avail their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they help you?
Here are some of the 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 all kinds of debt. This includes medical bills, personal loans credit cards, and line of credit. They are also able to pay off any remaining balance of business debt and collections or repossessions.
They can even help negotiate on tax owed and IRS debt. However, you will not receive support for most of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consultation with their debt counselor.
The best part about the program is that you only be charged when your debt is paid off. All you have to do is sign up with one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the paperwork you’ll need for tax returns.
By using this program, you should be able to resolve the various types of tax problems like garnishments on wages as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs also. They use only flat-fee pricing and is dependent on the amount you need to settle.
They have different solutions when it comes to the settlement of the 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 kinds of debts can they assist you with?
While debt settlement is their specialty, they don’t provide all kinds in debt resolution. CuraDebt concentrates on unsecured debt. They can’t help you if your credit or loan is tied to an item that is physical.
If, however, you are in the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able pay off taxes that are due without any issues. Moreover, this type of service is accessible to all 50 states in the event that you owe money towards the IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they owe.
Personal and payday loans are also eligible as debt-settling programs. You can also avail of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card CuraDebt will help you pay it off.
What is the cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your debts.
They also don’t charge high costs either. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within 2 to 4 years. But, it also differs according to the amount you save per month.
Also, they claim that you can save up to 30% when you factor in their costs into your calculations.
However, this statement will depend on your specific situation. Some clients even mentioned saving 50% to up to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Additionally, they only charge an amount of 20%, while most companies charge you 25%.
Next, if you’re done in the process of debt resolution, you could join their credit restoration program.
It’s a fantastic way to restore the credit rating without going into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also investigate any violations of creditor with the assistance of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using your credit card. If you’re trying to increase your standing on credit scores, you may cause you to delay getting rid of your debt.
CureDebt does not offer a mobile application. While they have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not credited with 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 for these types of services. Moreover, their 20% service cost is less expensive than the majority of firms that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access 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 monitor your performance.
But, they do have a competent support staff and can be reached them not just via email but also by phone or making an e-ticket. Absl Tax Relief 96 Fund
If the credit card is a major problem right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Absl Tax Relief 96 Fund
How long does it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
It is true that CuraDebt has a tax relief program that can help you with problems such as late payroll taxes and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.