Has your debt been increasing lately? Are you burnt out from trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve been through every thing.
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. Many people are asking if they can assist you or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debts so that you are able to take couple of things off your mind.
But for some people the claims seem too good to be true.
Suppose you’re on the lookout for anything that can help you resolve your debt. In that scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper look at the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead 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 will want to read the rest of the article for a more comprehensive review.
About the Company American Tax Relief Act Expiring End Of 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has since become an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer additional services to help you be more financially secure.
It all starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. With this estimate of savings, you will learn more about your alternatives towards debt-free.
Savings estimates, as mentioned earlier, provides you with an insight into your options, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you in navigating credit arbitration in the event that you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program, CuraDebt can be the one to handle all of the calls from your creditors. They’ll be the ones who will negotiate conditions of the settlement based on the status of your financial situation. In determining which option is the best your situation, the payment can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with creditors to ensure that you get better rates when you deposit money to your savings account. This is then processed to pay off the creditors. Their programs can assist you to 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 login to CuraDebts Client Portal to monitor your development.
Before you are able to avail the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can aid you.
Like their name implies, CuraDebt can help you deal your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include personal loans, medical bills, credit cards and also line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They can even help negotiate on tax owed and IRS debt. But, you won’t receive assistance for the majority cases, loans from the government, collateral, and utility bills. The same goes for 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 will also help you identify debtors who are in violation in order to get cash settlements, if possible. Certain violations could cause your debt to be removed as well.
CuraDebt lets you settle debt with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of the program is that you’ll only pay the fees once your debt is settled. All you have to do is sign up with any of the plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to deal with various tax issues like garnishments on wages and tax penalties, personal and taxation for business, back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll have to pay.
They have different solutions in 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 help you with?
Although they specialize in debt settlement, it is not their specialization however, they do not cater to all types of settlement. CuraDebt is only focused on debt that is not secured. They won’t be able to help you if the credit or loan is tied to a physical item.
However, if you have one of the following kinds of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off taxes that are due without difficulty. Furthermore, this service is available to all 50 states in the event that you have a debt in arrears to IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve any medical-related debt. In some cases, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. However, they can assist private students negotiate the student loans they owe.
Personal loans and payday loans also qualify for the debt settlement program. You may also be eligible of the program if you also have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards as well as private label credit card CuraDebt can help you pay it off.
What will it cost you?
The greatest thing about CuraDebt is how 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.
Additionally, they don’t charge high costs either. On average, you’ll have to pay between 20 and 20 percent of the debt you settled through them.
In the average, this kind of industry charges between 15 and 25%.
Additionally, customers can anticipate to settle their debts within two to four years. This varies depending on the amount that you are able to save each month.
They also claim that you could save up to 30% when you factor in their charges into your calculation.
However, this statement will vary, depending on the situation. Some clients even mentioned saving 50 to 80%.
The benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally, 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 join their credit restoration program.
It’s a fantastic way to restore your credit without having to go into debt again. However, the program lasts differently for each person according to your personal situation.
In the end, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also investigate any violations by creditors with the assistance of their own experts.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using . Therefore, if you’re trying increase your standing on credit scores, you may set you back while you’re finishing your credit card debt.
CureDebt also doesn’t have a mobile app. While they do have a client website however, it appears outdated and basic. It’s not particularly user-friendly, and can be difficult to navigate.
Furthermore, they are not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. Additionally, their 20% service fee is less expensive than the majority of firms that charge a 25% fee. There aren’t any upfront fees, and you will only be required to pay once the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to track your progression.
However, they have a competent support staff, and you can reach them not only through emails but also by phone or making an electronic ticket. American Tax Relief Act Expiring End Of 2021
If the debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your area.
FAQ American Tax Relief Act Expiring End Of 2021
What is the time frame to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief to help you with problems such as late payroll tax issues and wage garnishments.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.