Are you experiencing debt that has been increasing lately? Are you burnt out from trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve tried everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is one of the companies that get the most inquiries. Many customers have asked if they can assist you or put you into more debt.
According to their clients they can help you manage 80percent of your debts so that you can take few things off of your mind.
But for some people they believe these claims are too good to be true.
You might be looking for any solution that could aid you in settling your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude 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 continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company American Taxpayer Relief Act Of 2021 Estate Tax Exemption
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 accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best well-known feature. However, they also offer additional services to assist you in becoming financially secure.
It all 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 discover more about other options in your journey towards debt-free.
The savings estimate, 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 counselor as well as a support team to help you with credit arbitration if you decide to enroll. Some financial advisors can help you in your debt-free journey.
Following your debt settlement program, CuraDebt is the agency to answer all of the calls from your creditors. They will also be the ones who will negotiate what you will pay for your payment in accordance with the state of your financial situation. Based on what works most effectively for you, it could be either a lump sum settlement or an installment plan.
Additionally they will also be working with creditors to ensure that you get better rates when you make deposits to your savings account, which in turn, will process to pay creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll give you access to your account information 24 hours a day. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need 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 the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with your debt. They can negotiate settlements on behalf of you for the majority of types of debt. They can help with personal loans, medical bills credit cards, as well as lines of credit. They are also able to pay off any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you will not receive assistance with the majority cases, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors in order to get cash settlements, should it be possible. Certain violations could result in having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. You can also inquire about your debt during their no-cost consultation with their debt advisor.
The greatest benefit of the program is that you will only have to pay for the charges when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documents They will also gather all the necessary paperwork for tax returns.
Through this program, you’ll be able to deal with different types of taxes such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden charges also. They use only flat-fee pricing that is based on the amount you’ll need to settle.
They have different solutions for paying off 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?
Although they specialize in debt settlement, it is not their specialization but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They can’t help you if your credit or loan is tied to an item that is physical.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt, you should be able pay off taxes that are due without any issues. Furthermore, this service is accessible across all 50 states, if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve the medical bills. In some instances, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students in negotiating any student loans that they have to pay.
Personal loans and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines that you have obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25 percentage.
Additionally, customers can anticipate to settle their debt from between 2 and 4 years. But, it also differs depending on the amount that you save per month.
They also claim that you can save as much as 30% when you factor in their charges into your calculation.
However, the claim may depend on the situation. Some customers even claimed to save 50 to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt can provide, let’s explore the benefits from using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only an amount of 20%, while many companies charge 25%.
If you’re finished with the debt settlement program you could also sign up for their credit restoration program.
It’s an excellent method to improve your credit score without going in debt again. However, the program lasts differently for each person, depending on your situation.
Finally, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any creditor violations using their own experts.
Some disadvantages to the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. Therefore, if you’re trying increase your credit score, it may cause you to delay getting rid of your debt.
CureDebt does not have a mobile app available. While they have a client website however, it appears old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. In addition, their 20% service fee is cheaper than most companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
Although they’ll give you an account so that you can track your progress, their website is not simple to navigate. CuraDebt does not have an app yet, which could make it easier for you to track your performance.
But, they do have a great support team, and you can reach them, not only via emails but by phone or by making an e-ticket. American Taxpayer Relief Act Of 2021 Estate Tax Exemption
If your credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ American Taxpayer Relief Act Of 2021 Estate Tax Exemption
How long does it take to complete the program?
The typical program lasts from between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid with state tax problems?
It is true that CuraDebt has a tax relief program that will aid you in dealing with problems like delinquent taxes and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down the amount of debt you have over time.