Have your debts been piling up lately? Are you tired of trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because tried every thing.
In the majority of cases, the most effective approach is to talk to professionals that can help you resolve the issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they are able to help or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you can finally take a few things off of your mind.
For some, these claims are just too good to be true.
You might be looking for any solution that could assist you in paying off your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll take a deeper study of the way CuraDebt operates and what issues it can help you solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before starting the review, you can go to this video if you prefer for it to be watched.
Otherwise, let’s begin.
Before you go on, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you will want to read the rest of our article for a more comprehensive review.
About the Company Analysis Of Trump Tax Relief Plan
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best popular feature. They also provide additional services to assist you in becoming financially secure.
The process begins by requesting a free online savings estimate. This service is very confidential and they will not 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.
Savings estimates, as mentioned earlier, provides you with an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the one to answer all of the calls from your creditors. They’ll also be the ones who negotiate the terms of your repayment in accordance with the state of your financial situation. Based on what works most effectively to you, this could be 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 in turn, will be processed to pay the creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve signed up with them, they’ll allow you access to your data 24/7. All you need to do is login to CuraDebts the client portal so that you can monitor your development.
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CuraDebt’s Requirements
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are some of the ways CuraDebt can assist you.
Debt Relief
The name of the company suggests that CuraDebt can help you deal with your debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans credit cards and loans. They can also be approached to pay off any remaining balance on business debt, collections, or repossessions.
They may also assist in negotiating on tax owed and IRS debt. But, you won’t receive assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with 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 debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of their plan is that you’ll only have to pay for the charges after your debt has been settled. All you have to do is sign up with one of their plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle your tax debt. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to deal with the various types of tax problems like wage garnishments and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing and is dependent on the amount you must settle.
They offer different options in the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization however, they do not offer all kinds in debt resolution. CuraDebt only focuses on loans that are not secured. They won’t be able to assist you if your loan or debt is linked to a physical item.
If, however, you are in one of the following kinds of debt, they will negotiate settlements on your behalf.
Tax Debt
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Additionally, this service is accessible to all 50 states if you owe money in arrears to IRS. They have federal tax experts that can help you resolve the issues.
Medical Debt
CuraDebt can also assist in settling any medical-related debt. In some cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students with negotiating any loans they have to pay.
Personal Loan
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards CuraDebt can help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They do not charge an upfront cost. Only pay when you have paid off all of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay as much as 20% of the debt you settled with them.
In the average, this kind of industry charges from 15% to 25 percentage.
In addition, customers can expect to settle their debts within two to four years. However, this also varies according to the amount you are able to save each month.
Additionally, they claim that you could save up to 30% by incorporating their charges into your calculation.
However, this statement will vary, depending on your specific situation. Some customers have even talked about saving 50% to up to 80%.
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Advantages to using CuraDebt
Once you’ve got an idea of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas many companies charge 25%.
Next, if you’re done with the debt settlement program, you can enroll in their credit repair program.
It’s a fantastic way to restore your credit score without going in debt again. The program is however designed different for every person according to your personal situation.
Finally, CureDebt looks into your financial obligations to help with settlements and negotiations. It means that your debt won’t inflate over time. They’ll also look into any violations by creditors using their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief usually require that you cease making payments with your credit card. If you’re trying to increase your credit score, it might delay you from getting rid of your credit card debt.
CureDebt doesn’t even offer a mobile application. Although they have a client website however, it appears old and mundane. 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 did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on those types of services. Additionally the 20% service charge is less expensive than the majority of firms that charge the 25% cost. There is no upfront payment and you’ll only have to pay the fee when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app that would make it easier to track your progression.
However, they have a competent support staff and can be reached them, not only via emails but also by phone or submitting an electronic ticket. Analysis Of Trump Tax Relief Plan
If credit card is a major issue right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services that they provide are offered in your area.
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FAQ Analysis Of Trump Tax Relief Plan
What is the time frame to complete the program?
The program typically takes between 24 and 48 months depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt has a tax relief program that can help you with problems such as late payroll tax issues and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower the amount of debt you have over time.