Has your debt been increasing lately? Are you burnt out from trying different financial advice and strategies but haven’t solved your problems?
Maybe you’re here because already tried every thing.
In the majority of cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they are able to help or help you get into more debt.
According to their customers, they can assist you in managing the majority of your debt , so you are able to take couple of things off your shoulders.
But for some people the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking a deep study of the way CuraDebt works and what problems it could help solve.
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 if you prefer to watch 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’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Cook County Tax Relief Lawyers
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become 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.
Although it is accredited, some 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 aid you in becoming more financially secure.
It all begins with requesting a free savings estimate on the internet. This service is very confidential and won’t be doing a credit check. With this savings estimate you’ll be able to discover more about other options in your journey towards debt-free.
This estimate of savings, as we’ve mentioned previously, offers you an insight into your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration if you decide to enroll. Some financial advisors can help you with your debt-free journey.
Following the debt settlement program, CuraDebt is the company to handle all of the calls from your creditors. They will also be the ones that negotiate conditions of the settlement depending on the condition of your financial situation. Depending on which works best to you, this can be either a lump sum settlement or an installment plan.
Furthermore they will also be working with creditors so that you can get better rates when you deposit money to your savings account. This, in turn, will process to pay back creditors. Their programs can assist you to settle the debt within 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’ client portal to track your performance.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following criteria:
- At least 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
The name of the company suggests that CuraDebt can help you deal your debt. They can negotiate settlements on your behalf for most types of debt. These include medical bills, personal loans, credit cards as well as loans. You can also approach them to pay off any remaining amount on business debts and collections or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive assistance with the majority claims, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the contrary, they’ll help you use laws like 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 so that you can have cash settlements, if they are possible. Certain violations may result in having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the sum you have. Additionally, you can ask questions during their free consultation with their debt advisor.
The best part about the program is that you only have to pay for the charges after your debt has been settled. All you need to do is sign up with one of their plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt will also handle taxes. Once they’ve gathered all your financial documentation They will also gather all the paperwork you’ll need for tax returns.
By using this program, you should be able to deal with the various types of tax problems such as wage garnishments, tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges also. They only offer flat-fee prices, which depends on the amount you have to pay.
They have different solutions in paying off the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty but they aren’t able to provide all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They won’t be able to help you if the credit or loan is tied to an actual item.
If you do have the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off taxes that are due without any issues. Furthermore, this service is offered to all 50 states in the event that you owe money in arrears to IRS. There are tax experts from the federal government that can help you resolve these kinds of problems.
CuraDebt will also help you resolve any medical-related debt. In some instances you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating the student loans they owe.
Payday loans and personal loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from an alternative bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards or private label credit cards CuraDebt will assist you in paying it off.
How much will it cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you settle each of your debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay as much as 20 percent of the debt that you settled through them.
On average, this type of business can cost anywhere between 15% and 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs according to the amount you save per month.
They also claim that you could save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your specific situation. Some clients even mentioned saving 50 to 80percent.
Advantages to using CuraDebt
Once you’ve got an understanding of what CuraDebt can provide, let’s look into the advantages that come with using CuraDebt.
In the beginning, 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 percent.
Then, if you’re done in the process of debt resolution, you could also sign up for their credit restoration program.
It’s an excellent method to improve your credit without going into debt again. The program is however designed in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist in settlements and negotiations. This means the amount you owe won’t rise over time. They’ll also investigate any creditor violations using their own experts.
Drawbacks of using CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you cease making payments with the credit card you use. If you’re trying to build a better rating on your credit, this might delay you from getting rid of your obligations.
CureDebt also doesn’t have a mobile app. Although they have a website for clients but it’s old and mundane. It’s not particularly user-friendly, and can be difficult to navigate.
In addition, they’re not recognized by the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more for these types of services. In addition their 20% service cost is cheaper than most companies that offer the 25% cost. 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 to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which would make it easier to look at your progression.
However, they have a great support team that you can contact them not just via email but by phone or by making an electronic ticket. Cook County Tax Relief Lawyers
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Be sure to be qualified and that the services that they provide are offered in your state.
FAQ Cook County Tax Relief Lawyers
How long does it take to complete the program?
The typical program lasts from 24 to 48 months, dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Yes, CuraDebt provides tax relief programs that can assist you with issues such as late payroll tax and wage garnishments.
What should I do when I’m enrolled in the program?
You’ll be required to communicate with your team members and make the necessary payments to pay down your debt over time.