Have your debts increased lately? Are you exhausted from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your best option is to speak with 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 80percent of your debt so that you are able to take couple of things off your shoulders.
For some they believe these claims are too good to be true.
If you’re looking for something that will aid you in settling your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin the review, go to this video for a more relaxing way for it to be watched.
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. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company According To The Economic Growth And Tax Relief Reconciliation Act Of 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best known feature. However, they also offer other services that can help you be more financially secure.
It all begins with requesting a free savings estimate on the internet. It is a completely private service and they will not conduct a credit inquiry. With this savings estimate you’ll be able to learn more about the options towards debt-free.
The savings estimate, which was mentioned before, gives you an idea of your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program, CuraDebt can be the company to handle all of the calls from your creditors. They will also be the ones that negotiate conditions of the repayment in accordance with the state of your financial situation. Based on what works best for you, it can be either a lump sum settlement or an installment plan.
Moreover, they will be working with lenders to help you enjoy better rates when you transfer money into your savings account, which is then processed to pay back the creditors. The plans they offer can help you settle the debt within two years.
After you’ve signed up with them, they’ll give you access to your data 24/7. All you have to do is sign in to CuraDebts the client portal to track your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to be:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with medical bills, personal loans credit cards and lines of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you won’t get assistance for the majority cases, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors to ensure that you receive cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. Additionally, you can inquire about your debt during their no-cost consultation with their debt advisor.
The most appealing aspect of their plan is that you’ll only pay the fees after your debt has been settled. All you need to sign up for some of their programs, and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
With this program, you’ll be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices, which depends on the amount that you’ll need to settle.
There are a variety of options for paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization however, they do not offer all kinds of settlement. CuraDebt is only focused on unsecured debt. They aren’t able to assist you if your debt or loan is tied to an item that is physical.
If you do have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay taxes that are due without any issues. Additionally, this service is offered to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also help resolve the medical bills. In some cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students in negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. Only pay when you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost costs either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15% and 25 percent.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. But, it also differs depending on the amount that you save per month.
They also claim that you could save up to 30% when you factor in their fees in your equation.
But this claim will also vary, depending on the situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief, you could also sign up for their credit restoration program.
It’s a fantastic way to restore the credit rating without going in debt again. The program is however designed differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t inflate over time. They’ll also investigate any violations of creditor using their own experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using your credit card. Therefore, if you’re trying build a better standing on credit scores, you may set you back while you’re working on your credit card debt.
CureDebt doesn’t even offer a mobile application. Although they have a website that clients can access, it looks old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not accredited 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 on these kinds of services. In addition the 20% service cost is lower than many firms that charge the 25% cost. There is no upfront payment and you’ll only have to pay when your debt is finally settled.
Although they’ll allow you to access an account to see your progress, their website is not easy to navigate. CuraDebt isn’t even an app that will make it easier to track your progress.
They do have a competent support staff, and you can reach them not just via email but by phone or by submitting an e-ticket. According To The Economic Growth And Tax Relief Reconciliation Act Of 2021
If your problem of debt is an problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they provide are in your state.
FAQ According To The Economic Growth And Tax Relief Reconciliation Act Of 2021
How long will 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 your agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent tax issues and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.