Have your debts increased lately? Are you tired of trying different financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried everything.
In most cases, the best way is to approach experts who can assist you settle this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can assist you or put you in more debt.
According to their customers, they can help you manage 80percent of your debt , so you can take couple of w
orries off your mind.
But for some people the claims seem too good to be true.
You might be looking for something that will help you resolve your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt works and what problems it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before starting the review, you can check out this video instead if you 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. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Chick Fil A Tax Day Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is CuraDebt’s most known feature. However, they also offer other services that can help you be more financially stable.
The process begins by requesting a free online savings estimate. The service is completely confidential and won’t be doing a credit check. With this savings estimate you’ll be able to discover more about other options in your journey to be debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following the debt settlement program, CuraDebt is the agency to answer all of your creditor’s calls. They will also be the ones that will determine conditions of the settlement in accordance with the state of your finances. In determining which option is the best for you, it can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with creditors so that you can get better rates when you deposit money to your savings account, which is then processed to pay back the creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is login to CuraDebts’ client portal to track your development.
Before you are able to avail their program, you’ll need to pass their requirements first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they help you?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards, as well as lines of credit. They can also be approached to help settle any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you won’t get support for most claims, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations so that you can have cash settlements, if they are possible. Certain violations may cause your debt to be removed as well.
CuraDebt lets you pay off debts with less than the amount you have. Additionally, you can ask questions during their free consult with their debt counsellor.
The most appealing aspect of their plan is that you will only pay the fees after your debt has been settled. All you have to sign up to any of the plans, and you’ll be able settle each of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial documents, they will also collect all the necessary paperwork to file tax returns.
By using this program, you will be able to resolve various tax issues such as wage garnishments as well as tax penalties for personal and taxation for business, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices and is dependent on the amount you have to pay.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although debt settlement is their forte but they aren’t able to offer all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if your loan or debt is linked to an actual item.
If you do have the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay your past-due tax debts without any issues. Moreover, this type of service is accessible across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some cases you could even settle them less than the amount you owe.
Private Student Loan
CuraDebt does not offer the federal government’s student loan. They can however assist private students with negotiating the student loans they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You may also be eligible the program if you have other unsecure credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through 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 best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. Only pay when you settle each of your outstanding debts.
Also, they do not charge high costs either. On average, you’ll have to pay between 20 and 20 percent of the debt that you settled with them.
In general, this type of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debt from two to four years. However, this also varies in relation to the amount you can save up per month.
Additionally, 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 clients even mentioned saving 50 to up to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. In addition, they only charge 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may also sign up for their credit repair program.
It’s a great way to restore the credit rating without going into debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any creditor violations using their experts in-house.
Drawbacks of using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. Therefore, if you’re trying build a better credit score, it may set you back while you’re working on your obligations.
CureDebt does not offer a mobile application. While they do have a website for clients however, it appears outdated and basic. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more on those types of services. Moreover the 20% service cost is cheaper than most 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 user-friendly. CuraDebt does not have an app yet, which will make it easier to monitor your progression.
They do have a great support team, and you can reach them not just via email but also by phone or sending an electronic ticket. Chick Fil A Tax Day Relief
If debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your state.
FAQ Chick Fil A Tax Day Relief
How long will it take to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that will help you with problems such as late payroll tax and garnishments on wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with the team and make the necessary payments to lower your debt over time.