Have your debts been piling up lately? Are you burnt out from trying different financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried every thing.
In most cases, the best way is to approach experts who can assist to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they are able to help or put you into more debt.
According to their customers, they can help you manage 80% of your debts so that you are able to take couple of w
orries off your mind.
However, for certain people the claims seem too good to be true.
If you’re looking for something that will help you resolve your debt. In that case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of how CuraDebt is used and the problems 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 if you prefer to watch it.
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 overview. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Definition Of Dependent In Working Families Tax Relief Act
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you pay off your debt is the most well-known feature. However, they also offer other services that will assist you in becoming financially secure.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be conducting a credit screening. With this estimate of savings you’ll discover more about options towards debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you with credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt is the agency to take care of all the calls from your creditors. They’ll also be the ones that will determine the terms of your payment depending on the condition of your finances. Based on what works most effectively for you, it can be a lump-sum settlement or a payment plan.
Moreover they will work with creditors to ensure that you have better rates as you make deposits to your savings account. This, in turn, will be processed to pay off the creditors. Their programs can assist you to pay off the debt in 48 months.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is login to CuraDebts Client Portal to monitor your development.
Before you can benefit from their program, you’ll need to pass their requirements first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they assist you with?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans credit cards as well as lines of credit. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating with back taxes as well as IRS debt. But, you won’t receive support for most of your lawsuits, loans from the government, collateral, and utility bills. They also don’t cover most 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 in order to get cash settlements, if possible. Some violations can also result in having your debts also dismissed.
CuraDebt can also help you 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 most appealing aspect of their program is that you’ll only be charged after your debt has been settled. All you have to sign up for any of the plans, and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with the tax liabilities you have. After they have gathered all your financial records, they will also collect all the necessary paperwork for tax returns.
By using this program, you should be able to solve various tax issues like wage garnishments as well as tax penalties for personal and corporate taxes and back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
There are a variety of options in the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialization however, they do not cater to all types of debt settlement. CuraDebt concentrates on debt that is not secured. They won’t be able to help you if your loan or debt is linked to a physical item.
However, if you have the following kinds of debt, they’ll negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle your past-due tax debts without any problems. Furthermore, this service is offered across all 50 states, if you owe money towards the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt can also assist in settling any medical-related debt. In certain cases you could even settle them less than the amount you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating the student loans they owe.
Personal loans and payday 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 you obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is how they’ve priced their services. They do not charge an upfront cost. You’ll only pay once you settle each of your debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
In the average, this kind of industry charges from 15% to 25 percent.
In addition, customers can expect to settle their debt from 2 to 4 years. But, it also differs in relation to the amount you save per month.
They also claim that you can save up to 30% when you factor in their charges into your calculation.
However, the claim may depend on the situation. Some customers even claimed to save between 50% and 80percent.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt will only charge you after you’ve settled your debt. Furthermore, they only charge an amount of 20%, while many companies charge 25 percent.
If you’re finished in the process of debt resolution you could also sign up for their credit restoration program.
It’s an excellent way to restore your credit without going back into debt. However, the program lasts differently for each person, depending on your situation.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. It means that your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their in-house experts.
Some disadvantages to using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with . So if you’re trying to build a better rating on your credit, this could delay you from finishing your credit card debt.
CureDebt also doesn’t have a mobile app available. While they have a website that clients can access, it looks aged and simple. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not credited with the Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more on these kinds of services. Additionally their 20% service charge is less expensive than the majority of companies that offer a 25% fee. There is no upfront payment and you’ll only have to pay when the debt is settled.
Although they’ll allow you to access an account to see your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app yet, which will make it easier to track your progress.
However, they have a great support team that you can contact them not just via email but by phone or by submitting an e-ticket. Definition Of Dependent In Working Families Tax Relief Act
If the debt is a big issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the services they offer are available in your state.
FAQ Definition Of Dependent In Working Families Tax Relief Act
How long will it take to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt and the stipulated settlement.
Can CuraDebt assist with state tax problems?
Sure, CuraDebt offers a program for tax relief that will assist you with issues like delinquent taxes and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.