Have your debts been increasing lately? Are you exhausted from trying other financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In most cases, the best option is to speak with experts who can assist you settle this issue.
CuraDebt is one of the most asked companies. Many people have been inquiring whether they can assist you or help you get into more debt.
According to their clients, they can help you control 80percent of your debts so that you are able to take few things off of your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before you begin 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 watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Community Renewal Tax Relief Act Enacted By The Consolidated Appropriations Act Of 2021
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have limited their access to their services.
What can CuraDebt do?
Helping you settle your debt is the most known feature. However, they also offer additional services to assist you in becoming financially secure.
It all begins with requesting a free online savings estimate. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to discover more about options towards debt-free.
This estimate of savings, as mentioned earlier, provides you with the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you in your debt-free journey.
Following your debt settlement program, CuraDebt is the one to handle all of your creditor’s calls. They will be the ones who negotiate conditions of the repayment depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment could be a lump-sum settlement or an installment plan.
Furthermore, they will be working with the lenders to help you get better rates when you make deposits to your savings account. This, in turn, will be processed to pay the creditors. The plans they offer can help you pay off the debt in two years.
After you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is sign in to CuraDebts the client portal to track your development.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on behalf of you for most types of debt. These include medical bills, personal loans, credit cards and also line of credit. They can also be approached to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. But, you won’t receive support for most claims, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will help you use laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if possible. Certain violations may result in having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the sum you have. They also allow you to ask questions during their free consultation with their debt advisor.
The best part about their program is that you’ll only pay the fees when your debt is paid off. All you have to do is sign up with one of their plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they collect all of your financial documentation and tax documents, they’ll also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to resolve different types of taxes like wage garnishments as well as tax penalties for personal and corporate taxes, back taxes and trust fund penalties and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They offer different options in paying off your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt can they help you with?
While debt settlement is their specialty, they don’t cater to all types in debt resolution. CuraDebt concentrates 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.
However, if you have the following types of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any problems. Additionally, this service is available to all 50 states in the event that you have a debt towards the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. Still, they can help private students negotiate any student loans that they are owed.
Personal and payday loans also qualify as debt-settling programs. You can also avail if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card CuraDebt will help you pay it off.
What will it cost you?
The best part about CuraDebt is how the company has priced its services. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost charges either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry charges from 15% to 25%.
Moreover, clients can expect to pay off their debts in between 2 and 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you could save up to 30% when you factor in their fees in your equation.
However, this statement will vary, depending on the situation. Some clients even mentioned saving between 50% and up to 80%.
Advantages to using CuraDebt
Now that you have an idea of what CuraDebt can offer you let’s explore the benefits from using CuraDebt.
First, CuraDebt will only charge you once you’ve paid off your debt. In addition they charge only a 20% fee while the majority of companies charge 25 percent.
Then, if you’re done with the debt settlement program, you could join their credit restoration program.
It’s a great way to restore your credit score without having to go back into debt. However, the program runs different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t inflate as time passes. They’ll also be looking into any violations of creditor with the help of their experts in-house.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt relief and debt settlements often require you to cease making payments with . If you’re trying to improve your rating on your credit, this might delay you from getting rid of your credit card debt.
CureDebt doesn’t even have a mobile app. Although they have a website for clients however, it appears outdated and basic. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a useful program that allows you to pay off your debts without spending more for these types of services. Additionally, their 20% service fee is cheaper than most firms that charge an additional 25% charge. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt isn’t even an app, which will make it easier to monitor your progress.
But, they do have a good support team, and you can reach them not only through emails but also via phone or making an e-ticket. Community Renewal Tax Relief Act Enacted By The Consolidated Appropriations Act Of 2021
If problem of debt is an problem right now, we highly recommend CuraDebt’s program. Make sure you’re qualified and that the services they provide are in your state.
FAQ Community Renewal Tax Relief Act Enacted By The Consolidated Appropriations Act Of 2021
What is the time frame 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 aid with state tax problems?
Sure, CuraDebt has a tax relief program that can help you with problems such as late payroll taxes and garnishments of wages.
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 reduce your debt over time.