Have your debts increased lately? Are you tired of trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve been through everything.
In the majority of cases, the most effective approach is to talk to experts who can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can assist you or help you get into more debt.
According to their clients they can help you manage 80percent of your debt so that you are able to take few things off of your mind.
For some the claims seem too good to be true.
If you’re looking for any solution that could aid you in settling your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking a deep study of how CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before beginning the review, you can watch this video instead in case you would prefer for it to be watched.
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 review. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Class Action Lawsuit On First Class Tax Relief
CuraDebt is a debt relief company from 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 with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is one of CuraDebt’s best popular feature. However, they also offer other services that can help you be more financially secure.
First of all, it begins by requesting a free savings estimate on the internet. The service is completely confidential and they will not conduct a credit inquiry. By using this estimate of savings, you will learn more about your other options in your journey towards debt-free.
The savings estimate, which was mentioned previously, offers you an idea of your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement plan, CuraDebt can be the agency to handle all of your creditors’ calls. They’ll also be the ones who will determine what you will pay for your repayment depending on the condition of your finances. Depending on which works most effectively to you, this can either be a lump sum settlement or the option of a payment plan.
Moreover they will be working with the creditors so that you can have better rates as you make deposits to your savings account. This, in turn, will process to pay back the creditors. Their plans can help you get rid of debt in just 48 months.
Once you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to be:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various ways CuraDebt can aid 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 loans. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating on tax owed and IRS debt. However, you will not receive support for most cases, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you own. They also allow you to inquire about your debt during their no-cost consultation with their debt counsellor.
The best part about the program is that you will only pay the fees when your debt is paid off. All you have to do is sign up with any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they’ve gathered all your financial records, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They offer different options when it comes to 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
What kind of debt are they able to help with?
Although debt settlement is their specialty but they aren’t able to offer all kinds in debt resolution. CuraDebt concentrates on loans that are not secured. They aren’t able to help you if your loan or debt is linked to an item that is physical.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without difficulty. Additionally, this service is available across all 50 states, if you owe money to the IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt can also help resolve the medical bills. In some cases, you may even pay them less than the amount you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students in negotiating any student loans that they have to pay.
Payday loans and personal loans are also eligible to be eligible for debt relief programs. You may also be eligible if you have other unsecured credit lines you obtained from a different bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards as well as traditional credit cards or private label credit cards CuraDebt can help you pay it off.
How much will it cost?
The greatest thing about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. Only pay when you’ve paid each of your outstanding debts.
They also do not charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to pay off their debts in two to four years. But, it also differs in relation to the amount you are able to save each month.
Also, they claim that you can save as much as 30% by incorporating their fees in your equation.
However, the claim may differ based on your situation. Some customers have even talked about saving 50 to 80percent.
Advantages to using CuraDebt
Once you’ve got a clearer picture of what CuraDebt offers, let’s explore the benefits that come with using CuraDebt.
First, CuraDebt is only charged after you’ve settled your debt. In addition they charge only 20% of the cost, whereas most companies charge you 25 percent.
If you’re finished with the debt settlement program you can enroll in their credit repair program.
It’s a great way to restore your credit without having to go in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. It means that the amount you owe won’t rise as time passes. They’ll also investigate any creditor violations with the assistance of their in-house experts.
The drawbacks of the use of CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt relief and debt settlements often require you to stop paying with your credit card. So if you’re trying to increase your rating on your credit, this may cause you to delay finishing your credit card debt.
CureDebt does not have a mobile app. While they have a website that clients can access, it looks aged and simple. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not credited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to settle your debt without spending more on those types of services. Additionally, their 20% service fee is cheaper than most businesses that charge a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account that allows you to track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app yet, which could make it easier for you to monitor your progress.
They do have a good support team, and you can reach them not only through emails but also via phone or submitting an electronic ticket. Class Action Lawsuit On First Class Tax Relief
If credit card is a major issue right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your state.
FAQ Class Action Lawsuit On First Class Tax Relief
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief that will assist you with issues such as late payroll taxes and garnishments of wages.
What do I need to do once I’m in the program?
You’ll be required to communicate with your team members and make the necessary payments to reduce the amount of debt you have over time.