Have your debts been piling up lately? Are you tired of trying other financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
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. 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 control the majority of your debt , so you are able to take couple of w
orries off your shoulders.
However, for certain people, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before starting the review, you can check out this video instead in case you would prefer 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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Aditya Birla Sun Life Tax Relief 96 (G)
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a member of 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, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer other services that can assist you in becoming financially stable.
The process begins with requesting a free savings estimate on the internet. It is a completely private service and they will not be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the other options in your journey towards debt-free.
This estimate of savings, which was mentioned earlier, provides you with an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you 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 in your debt-free journey.
Following the debt settlement program, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll be the ones who will determine the terms of your settlement depending on the condition 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 creditors so that you can enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to pay off the debt in the period of 48 months.
Once you’ve signed up with them, they will give you access to your account information 24 hours a day. All you need 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 meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for all kinds of debt. They can help with personal loans, medical bills, credit cards and line of credit. They can also be approached to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as 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 to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt can also help you settle debt with less than the amount you have. They also allow you to inquire about your debt during their no-cost consult with their debt counsellor.
The most appealing aspect of their plan is that you will only have to pay for the charges when your debt is paid off. All you need to do is sign up with some of their programs, 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 They will also gather all the documents you’ll require to file tax returns.
With this program, you’ll be able to solve various tax issues such as garnishments on wages and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges also. They only offer flat-fee prices and is dependent on the amount that you’ll must settle.
They have different solutions when it comes to settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their forte but they aren’t able to cater to all types of debt settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if the loan or debt is linked to a physical item.
If, however, you are in the following types of debt, they’ll make arrangements for settlements.
With CuraDebt the service, you’ll be able to settle tax debts that were due to be paid without any issues. Moreover, this type of service is offered to all 50 states if you have a debt to the IRS. There are tax experts from the federal government to assist you with these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some cases you might even be able to pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. Still, they can help private students with negotiating the student loans they owe.
Personal and payday loans are also eligible to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you got 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.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their service. They don’t charge upfront fees. The only time you pay is when you settle each of your outstanding debts.
Also, they don’t charge high costs either. In the average, you’ll need to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry charges between 15% and 25 percent.
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 can save up per month.
Also, they claim that you can save up to 30% if you include their costs into your calculations.
But this claim will also differ based on the situation. Some customers even claimed to save 50% to up to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
First, CuraDebt only charges you when you’ve paid off your debt. In addition, they only charge 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished by the program for debt relief, you can enroll in their credit repair program.
It’s an excellent way to restore your credit score without going into debt again. However, the program lasts differently for each person, depending on your situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with . So if you’re trying to improve your rating on your credit, this may set you back while you’re finishing your debt.
CureDebt does not offer a mobile application. While they have a client website, it looks old and mundane. It’s not very intuitive and could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to resolve your debt without having to spend more on these kinds of services. Moreover the 20% service charge is lower than many firms that charge the 25% cost. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress however, their website isn’t simple to navigate. CuraDebt isn’t even an app, which could make it easier for you to track your progression.
But, they do have a competent support staff and can be reached them, not only via emails but by phone or by sending an electronic ticket. Aditya Birla Sun Life Tax Relief 96 (G)
If your debt is a big problem, then we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services they offer are available in your area.
FAQ Aditya Birla Sun Life Tax Relief 96 (G)
What is the time frame to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that will assist you with issues such as late payroll tax issues and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.