Have your debts been increasing lately? Are you burnt out from trying various financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In the majority of cases, your best option is to speak with experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted 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 the majority of your debts so that you are able to take few things off of your mind.
However, for certain people they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be highly recommended by those. We’ll take a deeper review of the way CuraDebt is used and the problems it can help you solve.
Moreover, before we end our discussion, we’ll take a look at its advantages and drawbacks.
Before starting the review, check out this video instead in case you would prefer for it to be watched.
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 review. After, you will want to read the rest of our article for a more comprehensive review.
About the Company Bk Attorneys Specializing In Irs Tax Relief In San Diego
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 is accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most well-known feature. They also provide other services that will assist you in becoming financially secure.
First of all, it starts by requesting a no-cost online savings estimate. This service is very confidential and won’t be conducting a credit screening. By using this estimate of savings you’ll be able to learn more about your options towards debt-free.
The savings estimate, as mentioned previously, offers you the opportunity to consider your choices regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program, CuraDebt can be the one to handle all of your creditors’ calls. They will also be the ones who negotiate conditions of the payment in accordance with the state of your financial situation. In determining which option is the most effectively to you, this could be either a lump sum settlement or a payment plan.
Moreover, 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 back the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal so that you can monitor your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to be:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on behalf of you for most types of debt. This includes medical bills, personal loans, credit cards as well as loans. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating for back taxes and IRS debt. However, you won’t get assistance for the majority of your lawsuits, government loans as well as collateral and utility bills. They also don’t cover most 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 also help you find debtors who are in violation so that you can have cash settlements, if possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The best part about their plan is that you’ll only be charged once your debt is settled. All you need to sign up for some of their programs, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. Once they’ve gathered all your financial records They will also gather all the necessary paperwork to file tax returns.
With this program, you should be able to deal with the various types of tax problems like garnishments on wages and tax penalties, personal and corporate taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing that is based on the amount that you’ll must settle.
They have different solutions when it comes to the settlement of taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they assist you with?
Although debt settlement is their forte however, they do not provide all kinds of settlement. CuraDebt concentrates on debt that is not secured. They can’t help you if the loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Furthermore, this service is offered across all 50 states, if you owe money in arrears to IRS. They have federal tax experts who can assist you in resolving the issues.
CuraDebt can also help resolve the medical bills. In certain cases, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students negotiate the student loans they are owed.
Personal and payday 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 you obtained from another financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
They also do not charge high charges either. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percentage.
Moreover, clients can expect to pay off their debts in 2 to 4 years. However, this also varies according to the amount you save per month.
Additionally, they claim you can save up to 30% if you include their fees in your equation.
However, the claim may differ based on your specific situation. Some customers have even talked about saving 50% to 80percent.
Benefits of using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s explore the benefits of using CuraDebt.
The first is that CuraDebt will only charge you after you’ve settled your debt. Additionally, they only charge an amount of 20%, while the majority of companies charge 25 percent.
Next, if you’re done by the program for debt relief you may join their credit repair program.
It’s a fantastic method to improve your credit score without having to go back into debt. The program is however designed different for every person, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also look into any violations by creditors with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using the credit card you use. If you’re trying to improve your standing on credit scores, you could delay you from getting rid of your debt.
CureDebt does not offer a mobile application. While they have a website for clients but it’s aged and simple. It’s not particularly user-friendly, and can be challenging to navigate.
In addition, they’re not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that lets you resolve your debt without having to spend more on these kinds of services. In addition, their 20% service charge is cheaper than most companies that offer an additional 25% charge. There are no upfront payments and you’ll only have to pay the fee when the debt is settled.
While they’ll provide you with an account that allows you to track your progress but their website isn’t user-friendly. CuraDebt also doesn’t have an app that could make it easier for you to look at your progression.
They do have a competent support staff, and you can reach them, not only via emails but also by phone or submitting an e-ticket. Bk Attorneys Specializing In Irs Tax Relief In San Diego
If the debt is a big problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they offer are available in your state.
FAQ Bk Attorneys Specializing In Irs Tax Relief In San Diego
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt and the agreed settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt has a tax relief program that can aid you in dealing with problems like delinquent taxes and wage garnishments.
What should I do when I’m enrolled in 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.