Has your debt been piling up lately? Are you exhausted from trying different financial advice and strategies but still have unsolved issues?
Maybe you’re here because been through everything.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they are able to help or put you in more debt.
According to their clients, they can help you manage 80% of your debt so that you can take couple of w
orries off your shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could aid you in settling your debt. If that’s the situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, check out this video instead in case you would 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 will want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Claim For Family Tax Relief Credit
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited through 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 the most popular feature. But they offer other services that will help you be more financially secure.
It all starts by requesting a no-cost savings estimate online. It is a completely private service and won’t conduct a credit inquiry. With this savings estimate you’ll be able to be able to learn more about the other options in your journey to be debt-free.
Savings estimates, as we’ve mentioned previously, offers you an idea of your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to assist you in navigating credit arbitration if you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following the debt settlement plan, CuraDebt can be the one to answer all of the calls from your creditors. They’ll also be the ones that will determine conditions of the settlement in accordance with the state of your financial situation. Depending on which works best for you, it can be either a lump sum settlement or the option of a payment plan.
Furthermore they will work with lenders to help you get better rates when you transfer money into your savings account, which is then processed to pay off creditors. The plans they offer can help you get rid of debt in just 48 months.
After you’ve registered with them, they will allow you access to your data 24/7. All you need to do is sign in to CuraDebts Client Portal so that you can monitor your performance.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Have a verifiable income
- Minimum debt must be $5,000
What can they help you with?
Here are some of the ways CuraDebt can assist you.
Debt Relief
As their name suggests, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for most types of debt. This includes personal loans, medical bills credit cards and loans. They can also be approached to settle any outstanding amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority cases, government loans or collateral, as well as utility bills. They also don’t cover most 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 in order to get cash settlements, should it be 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. They also allow you to have questions answered during a free meeting with their debt counselor.
The greatest benefit of their program is that you only have to pay for the charges after your debt has been settled. All you need to sign up to some of their programs, and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. After they have gathered all your financial documents, they will also collect all the necessary paperwork to file tax returns.
By using this program, you should be able to deal with the various types of tax problems such as wage garnishments and tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices, which depends on the amount you need to settle.
They have different solutions for the settlement of taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
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What kinds of debts are they able to help with?
Although they specialize in debt settlement, it is not their forte however, they do not provide all kinds of debt settlement. CuraDebt is only focused on loans that are not secured. They aren’t able to assist you if your loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they will make arrangements for settlements.
Tax Debt
With CuraDebt, you should be able pay off tax debts that were due to be paid without difficulty. Furthermore, this service is accessible across all 50 states, if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
Medical Debt
CuraDebt can also help resolve any medical-related debt. In some cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. However, they can assist private students in negotiating any loans they are owed.
Personal Loan
Payday loans and personal loans are also eligible as debt-settling programs. You may also be eligible of the program if you also have other unsecured credit lines you obtained from an alternative bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, and private-label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt is how they’ve priced their service. They don’t charge an upfront fee. Only pay when you’ve paid each of your debts.
Also, they don’t charge high charges either. On average, you’ll have to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry charges from 15% to 25%.
Moreover, clients can expect to settle their debt from between 2 and 4 years. But, it also differs depending on the amount that you can save up per month.
They also claim that you could save up to 30% by incorporating their costs into your calculations.
But this claim will also vary, depending on your specific situation. Some clients even mentioned saving 50% to 80percent.
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Benefits of using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s look into the advantages from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Furthermore they charge only a 20% fee while the majority of companies charge 25%.
Next, if you’re done in the process of debt resolution, you may enroll in their credit repair program.
It’s a great way to restore your credit score without going into debt again. However, the program runs in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist with settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any creditor violations using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also look into some of the disadvantages of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using . So if you’re trying to improve your credit score, it could delay you from finishing your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a website for clients however, it appears old and mundane. It’s not particularly intuitive and could be difficult to navigate.
Furthermore, they are not recognized by an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to resolve your debt without having to spend more on these kinds of services. Moreover, their 20% service cost is less expensive than the majority of companies that offer a 25% fee. There are no upfront payments, and you will only have to pay the fee when the debt is paid off.
While they’ll provide you with an account that allows you to track your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app that will make it easier to look at your performance.
They do have a great support team that you can contact them, not only via emails but by phone or by sending an e-ticket. Claim For Family Tax Relief Credit
If the problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they provide are in your state.
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FAQ Claim For Family Tax Relief Credit
How long will it take to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt and the stipulated settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs to aid you in dealing with problems such as late payroll tax issues and garnishments of wages.
What should I do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to lower the amount of debt you have over time.