Are you experiencing debt that has been increasing lately? Are you tired of trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve tried every thing.
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 asked companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their clients, they can help you control 80% of your debts so that you can finally take a couple of things off your mind.
However, for certain people, these claims are just too good to be true.
You might be looking for any solution that could help you resolve your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep look at the way CuraDebt is used and the problems it can help you solve.
Furthermore, before we conclude, we’ll also look into its benefits and drawbacks.
Before you begin the review, you can go to this video if you prefer watching 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 review. Afterward, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
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CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is the most popular feature. But they offer additional services to help you be more financially stable.
It all begins with 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 be able to learn more about the alternatives towards debt-free.
Savings estimates, as we’ve mentioned before, gives you an insight into your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration in the event that you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt will be the company to answer all of the calls from your creditors. They will also be the ones that will negotiate what you will pay for your settlement in accordance with the state of your finances. In determining which option is the most effectively your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Furthermore they will also work with creditors to ensure that you have better rates as you transfer money into your savings account. This is then processed to pay back creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll provide you with access to your information 24/7. All you need to do is login to CuraDebts’ client portal to monitor your progress.
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CuraDebt’s Requirements
Before you can avail of their program, you’ll need to satisfy their criteria first. For eligibility, you’ll have to meet the following requirements:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
Debt Relief
The name of the company suggests that CuraDebt can help you deal with debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. These include personal loans, medical bills credit cards, and lines of credit. You can also approach them to help settle any remaining amount on business debts collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations could cause your debt to be dismissed as well.
CuraDebt lets you repay debt for less than the amount you own. You can also inquire about your debt during their no-cost consultation with their debt counselor.
The greatest benefit of their program is that you will only pay the fees after your debt has been settled. All you have to sign up for one of their plans, and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation and tax documents, they’ll also collect all the necessary paperwork to file tax returns.
By using this program, you’ll be able to solve the various types of tax problems like wage garnishments as well as tax penalties for personal and taxation for business and back taxes and trust fund penalties and tax liens.
There aren’t hidden fees also. They use only flat-fee pricing, which depends on the amount you need to settle.
They offer different options in the settlement of 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
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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 is only focused on loans that are not secured. They aren’t able to help you if the loan or debt is linked to a physical item.
If, however, you are in the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt it is expected that you will be able to settle taxes that are due without any problems. Furthermore, this service is offered across all 50 states, if you owe money towards the IRS. There are tax experts from the federal government that can help you resolve these types of issues.
Medical Debt
CuraDebt can also help resolve the medical bills. In some cases you might even be able to pay the debt for less than you owe.
Private Student Loan
CuraDebt does not offer federal student loans. However, they can assist private students in negotiating the student loans they have to pay.
Personal Loan
Personal and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you settle each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll have to pay as much as 20 percent of the debt you settled with them.
On average, this type of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies according to the amount you can save up per month.
Also, they claim you can save up to 30% by incorporating their charges into your calculation.
However, the claim may depend on your situation. Some customers have even talked about saving between 50% and 80percent.
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Benefits of using CuraDebt
Once you’ve got an idea of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt only charges you once you’ve paid off your debt. In addition they only charge an amount of 20%, while most companies charge you 25%.
If you’re finished in the process of debt resolution you may enroll in their credit repair program.
It’s an excellent option to rebuild the credit rating without having to go into debt again. However, the program lasts different for every person according to your personal situation.
In the end, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any creditor violations using their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using your credit card. Therefore, if you’re trying build a better credit score, it could delay you from getting rid of your obligations.
CureDebt also doesn’t offer a mobile application. While they have a website that clients can access, it looks outdated and basic. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not recognized by their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to settle your debt without spending more on those types of services. Additionally, their 20% service charge is lower than many companies that offer a 25% fee. There is no upfront payment and you’ll only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app, which would make it easier to track your progression.
However, they have a competent support staff that you can contact them not only through emails but also by phone or sending an e-ticket. California Tax Relief For Amazon
If the credit card is a major issue right now, we highly recommend CuraDebt’s program. Make sure you’re eligible and that the services they provide are in your area.
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FAQ California Tax Relief For Amazon
How long does it take to complete the course?
The average program is 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax issues and wage garnishments.
What should I do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.