Have your debts been piling up lately? Are you exhausted from trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because tried every thing.
In the majority of cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is one of the most frequently contacted companies. Many people are asking if they can assist you or put you in more debt.
According to their clients they can assist you in managing 80percent of your debts so that you can take couple of w
orries off your shoulders.
For some the claims seem too good to be true.
You might be looking for anything that can aid you in settling your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth look at how CuraDebt works and what problems it can solve for you.
In addition, prior to our conclusion, we’ll also look into the advantages and disadvantages of this method.
Before you begin the review, check out this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Civic Tax Relief Sarah
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is one of CuraDebt’s best known feature. But they offer other services that can help you be more financially stable.
It all begins by requesting a free online savings estimate. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings, you will be able to learn more about the options towards debt-free.
The savings estimate, as mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor 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 on your path to debt-free living.
Following your debt settlement plan, CuraDebt is the one to take care of all the calls from your creditors. They will also be the ones that will determine conditions of the payment depending on the condition of your financial situation. In determining which option is the best for you, it could be either a lump sum settlement or a payment plan.
Additionally, they will work with lenders to help you enjoy better rates when you transfer money into your savings account. This, in turn, will process to pay creditors. The plans they offer can help you settle the debt within two years.
After you’ve registered with them, they will give you access to your data 24/7. All you need to do is sign in to CuraDebts’ client portal to track your progress.
Before you can avail of their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
The name of the company suggests that CuraDebt will assist you in dealing your debt. They can negotiate settlements on your behalf for most types of debt. This includes medical bills, personal loans credit cards, and also line of credit. You can also approach them to settle any outstanding balance of business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you won’t get assistance for the majority of your lawsuits, loans from the government, collateral, and utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation in order to get cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to ask questions during their free consultation with their debt advisor.
The greatest benefit of the program is that you’ll only have to pay for the charges once your debt is settled. All you need to sign up to one of their plans and you’ll be able to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documentation They will also gather all the documents you’ll require for tax returns.
With this program, you will be able to solve different types of taxes such as wage garnishments and tax penalties, personal and business taxes, back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing that is based on the amount you’ll need to settle.
They have different solutions when it comes to the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t cater to all types in debt resolution. CuraDebt only focuses on loans that are not secured. They can’t help you if your credit or loan is tied to an item that is physical.
If, however, you are in the following types of debt, they’ll negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off tax debts that were due to be paid without difficulty. Furthermore, this service is offered to all 50 states if you owe money to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also help resolve your medical debt. In some cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any loans they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible of the program if you also have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you have paid off all of your debts.
Also, they don’t charge high fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere from 15% to 25 percent.
In addition, customers can expect to settle their debt from two to four years. But, it also differs in relation to the amount you can save up per month.
Also, they claim that you could save up to 30% if you include their fees in your equation.
But this claim will also differ based on the situation. Some customers have even talked about saving 50 to 80percent.
Benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt is only charged after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while most companies charge you 25 percent.
Then, if you’re done by the program for debt relief, you may join their credit restoration program.
It’s a fantastic method to improve your credit without going into debt again. The program is however designed different for every person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any creditor violations using their in-house experts.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you stop paying with the credit card you use. If you’re trying to increase your standing on credit scores, you could cause you to delay getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. While they have a website for clients however, it appears outdated and basic. It’s not particularly intuitive, and it can be challenging to navigate.
In addition, they’re not credited with the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that lets you pay off your debts without spending more for these types of services. Additionally the 20% service cost is lower than many businesses that charge the 25% cost. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account to see your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which will make it easier to look at your progression.
But, they do have a competent support staff that you can contact them not only through emails but by phone or by sending an electronic ticket. Civic Tax Relief Sarah
If the debt is a big problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services that they provide are offered in your area.
FAQ Civic Tax Relief Sarah
How long will it take to complete the course?
The typical program lasts from 24 to 48 months, dependent on the size of your debt and the stipulated settlement.
Can CuraDebt help with state tax problems?
Sure, CuraDebt offers a program for tax relief that can assist you with issues such as delinquent payroll tax and garnishments on wages.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to pay down your debt over time.