Have your debts increased lately? Are you tired of trying different financial advice and strategies but haven’t solved your problems?
Maybe 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 to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people have been inquiring whether they can assist you or put you into more debt.
According to their customers, they can assist you in managing 80percent of your debt so that you can finally take a few things off of your plate.
But for some people, these claims are just too good to be true.
If you’re looking for anything that can assist you in paying off your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of how CuraDebt is used and the problems it can help you solve.
Moreover, before we end we’ll look at its benefits and drawbacks.
Before you begin the review, check out this video instead for a more relaxing way to watch it.
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. After, you will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Are There Age Related Reasons For Federal Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have imposed restrictions on their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. However, they also offer additional services to help you be more financially stable.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential, and they won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about the other options in your journey to debt-free.
The savings estimate, which was mentioned previously, offers you an idea of 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 assist you in navigating credit arbitration in the event that you decide to sign up. Certain financial advisors can assist you in your debt-free journey.
Following the debt settlement plan, CuraDebt will be the one to answer all of the calls from your creditors. They’ll also be the ones who will negotiate what you will pay for your settlement based on the status of your financial situation. In determining which option is the best for you, it can be either a lump sum settlement or a payment plan.
Furthermore, they will be working with creditors to ensure that you enjoy better rates when you deposit money to your savings account. This in turn, will be processed to pay the creditors. The plans they offer can help you get rid of debt in just the period of 48 months.
After you’ve signed up with them, they will provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts the client portal to track your progress.
Before you are able to avail the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans, credit cards and also lines of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may also assist in negotiating on tax owed as well as IRS debt. But, you won’t receive assistance for the majority claims, government loans as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be also dismissed.
CuraDebt also allows you to repay debt for less than the amount you own. Additionally, you can ask questions during their free consultation with their debt advisor.
The greatest benefit of their plan is that you only have to pay for the charges after your debt has been settled. All you have to sign up for any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documents, they will also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to resolve the various types of tax problems like garnishments on wages and tax penalties, personal and business taxes, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices, which depends on the amount you’ll must settle.
They have different solutions when it comes to the settlement of the tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialty however, they do not cater to all types of debt settlement. CuraDebt only focuses on debt that is not secured. They can’t assist you if your loan or debt is linked to an actual item.
If you do have the following types of debt, they will make arrangements for settlements.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Furthermore, this service is accessible across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government who can assist you in resolving the issues.
CuraDebt can also assist in settling the medical bills. In certain cases, you may even pay them for less than what you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students in negotiating the student loans they have to pay.
Payday loans and personal loans are also eligible for the debt settlement program. You can also avail the program if you have other unsecure 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 and private-label credit cards, CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Also, they don’t have high-cost fees as well. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
On average, this type of industry can charge anywhere from 15% to 25%.
Moreover, clients can expect to settle their debt from 2 to 4 years. This varies according to the amount you are able to save each month.
Also, they claim that you can save up to 30% by incorporating their costs into your calculations.
But this claim will also depend on the situation. Some customers have even talked about saving 50% to 80percent.
The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition they charge only a 20% fee while many companies charge 25%.
Then, if you’re done in the process of debt resolution you may also sign up for their credit repair program.
It’s an excellent way to restore the credit rating without having to go back into debt. However, the program runs in a different way for each individual dependent on the circumstances of your case.
In the end, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also investigate any violations by creditors using their experts in-house.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. So if you’re trying to improve your rating on your credit, this could delay you from finishing your debt.
CureDebt also doesn’t offer a mobile application. While they do have a website for clients however, it appears aged and simple. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that will allow you to settle your debt without spending more on these kinds of services. In addition their 20% service charge is lower than many companies that offer the 25% cost. There are no upfront payments and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t user-friendly. CuraDebt isn’t even an app yet, which could make it easier for you to monitor your progress.
However, they have a good support team that you can contact them not only through emails but also via phone or submitting an e-ticket. Are There Age Related Reasons For Federal Tax Relief
If debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re qualified and that the services that they provide are offered in your state.
FAQ Are There Age Related Reasons For Federal Tax Relief
How long will it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
It is true that CuraDebt has a tax relief program that will help you with problems like delinquent taxes and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll be required to communicate with the team and make the necessary payments to pay down your debt over time.