Are you experiencing debt that has been piling up lately? Are you tired of trying various financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried everything.
In the majority of cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their clients, they can help you control the majority of your debts so that you can finally take a couple of w
orries off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. In this scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can solve for you.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Connecticut Freeze Tax Relief Program
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by 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 the most popular feature. However, they also offer other services that will help you be more financially stable.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential and won’t be doing a credit check. With this savings estimate, you will learn more about your alternatives towards debt-free.
The savings estimate, as we’ve mentioned before, gives you an insight into your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to help you with credit arbitration if you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to handle all of your creditors’ calls. They’ll also be the ones that will negotiate the terms of your repayment based on the status of your financial situation. In determining which option is the most effectively your situation, the payment can either be a lump sum settlement or a payment plan.
Additionally they will be working with the creditors to ensure that you get better rates when you make deposits to your savings account, which in turn, will be processed to pay the creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they will give you access to your data 24/7. All you have to do is sign in to CuraDebts’ client portal to monitor your progress.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf for all kinds of debt. They can help with personal loans, medical bills, credit cards as well as line of credit. They can also be approached to help settle any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes as well as IRS debt. However, you will not receive assistance with the majority of your lawsuits, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can assist you with laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations in order to get cash settlements, if they are possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also ask questions during their free consultation with their debt counselor.
The greatest benefit of their plan is that you only have to pay for the charges after your debt has been settled. All you need to sign up for some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they collect all of your financial documentation, they will also collect all the documents you’ll require for tax returns.
Through this program, you should be able to resolve the various types of tax problems such as wage garnishments and tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs either. They only offer flat-fee prices, which depends on the amount that you’ll must settle.
They have different solutions when it comes to settling the tax debt. Here are six of them:
- 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 specialty but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to assist you if your credit or loan is tied to an actual item.
However, if you have the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle taxes that are due without any issues. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt can also help resolve your medical debt. In certain cases you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students negotiate any student loans that they are owed.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, and private-label credit cards, CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
Also, they don’t charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled through them.
In the average, this kind of industry charges between 15% and 25%.
Moreover, clients can expect to settle their debts within between 2 and 4 years. However, this also varies in relation to the amount you save per month.
Also, they claim that you could save as much as 30% if you include their fees in your equation.
However, the claim may depend on the situation. Some customers even claimed to save between 50% and 80%.
Advantages to using CuraDebt
Now that you have a clearer picture of what CuraDebt can offer you Let’s take a look at the benefits from using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Additionally they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief you can join their credit repair program.
It’s a fantastic method to improve the credit rating without having to go into debt again. The program is however designed different for every person dependent on the circumstances of your case.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any creditor violations with the help of their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to cease making payments with your credit card. If you’re trying to improve your rating on your credit, this could cause you to delay getting rid of your 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 could be challenging to navigate.
Furthermore, they are not accredited with an accreditation from the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more for these types of services. In addition the 20% service cost is lower than many firms that charge an additional 25% charge. There are no upfront payments, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app that will make it easier to track your progress.
They do have a great support team and can be reached them not only through emails but also via phone or sending an e-ticket. Connecticut Freeze Tax Relief Program
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Connecticut Freeze Tax Relief Program
What is the time frame to complete the course?
The program typically takes 24 to 48 months, depending on the amount of your debt and the agreement on the settlement.
Can CuraDebt help with state tax problems?
It is true that CuraDebt has a tax relief program that will help you with problems like delinquent tax and garnishments on wages.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down the amount of debt you have over time.