Have your debts been increasing lately? Are you tired of trying various financial advice and tips but haven’t solved your problems?
Maybe you’re here because you’ve tried everything.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. A lot of people have been inquiring whether they are able to help or put you into more debt.
According to their customers, they can assist you in managing 80% of your debt , so you can finally take a couple of w
orries off your shoulders.
For some the claims seem too good to be true.
If you’re looking for any solution that could assist you in paying off your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of the way CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion we’ll look at the advantages and disadvantages of this method.
Before starting the review, you can go to this video in case you would 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. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Auto Enrolment Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has since become an active part 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 imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. They also provide additional services to assist you in becoming financially stable.
The process begins by requesting a free savings estimate on the internet. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings you’ll learn more about your options towards debt-free.
This estimate of savings, which was mentioned before, gives you an idea of your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to sign up. Some financial advisors can help you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt will be the agency to answer all of the calls from your creditors. They’ll also be the ones that negotiate conditions of the settlement in accordance with the state of your finances. Depending on which works best for you, it can either be a lump sum settlement or an installment plan.
Moreover, they will work with creditors so that you can get better rates when you transfer money into your savings account. This, is then processed to pay off the creditors. Their plans can help you pay off the debt in 48 months.
After you’ve registered with them, they will allow you 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 development.
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CuraDebt’s Requirements
Before you can avail of their program, you’ll need to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following requirements:
- At least 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
Debt Relief
Like their name implies, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf for most types of debt. These include personal loans, medical bills, credit cards as well as loans. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They may even assist you in negotiating for back taxes and IRS debt. However, you won’t get support for most of your lawsuits, loans from the government as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations in order to get cash settlements, should it be possible. Certain violations could result in having your debts also dismissed.
CuraDebt also allows you to repay debt for less than the amount you own. Additionally, you can have questions answered during a free consult with their debt counsellor.
The best part about their plan is that you only be charged after your debt has been settled. All you need to sign up to one of their plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork for tax returns.
With this program, you will be able to solve the various types of tax problems such as wage garnishments, tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing, which depends on the amount you’ll need to settle.
There are a variety of 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 abatements
- Currently non-collectible
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What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds of settlement. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your debt or loan is tied to an actual item.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Furthermore, this service is accessible to all 50 states if you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve the issues.
Medical Debt
CuraDebt can also assist in settling the medical bills. In certain cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students in negotiating any loans they have to pay.
Personal Loan
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 have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your debts.
They also don’t have high-cost costs either. In the average, you’ll need to pay up to 20% of the debt you settled with them.
In general, this type of industry charges from 15% to 25 percentage.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you save per month.
Additionally, they claim that you could save up to 30% when you factor in their costs into your calculations.
However, this statement will vary, depending on your situation. Some customers even claimed to save between 50% and up to 80%.
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Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
First, CuraDebt is only charged when you’ve paid off your debt. Furthermore they only charge 20% of the cost, whereas many companies charge 25%.
Next, if you’re done with the debt settlement program you may enroll in their credit restoration program.
It’s a great way to restore your credit without having to go back into debt. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. It means that the amount you owe won’t rise over time. They’ll also look into any violations by creditors with the help of their own experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using . If you’re trying to improve your credit score, it might delay you from working on your debt.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access, it looks old and mundane. It’s not particularly intuitive and could be challenging to navigate.
In addition, they’re not credited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you pay off your debts without spending more on those types of services. In addition their 20% service charge is lower than many firms that charge the 25% cost. There aren’t any upfront fees and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app yet, which would make it easier to monitor your performance.
They do have a competent support staff that you can contact them not only through emails but also by phone or sending an electronic ticket. Auto Enrolment Tax Relief
If your credit card is a major problem, then we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
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FAQ Auto Enrolment Tax Relief
How long will it take to finish the program?
The program typically takes between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to aid you in dealing with problems such as late payroll tax issues and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.