Have your debts been increasing lately? Are you exhausted from trying different financial advice and tips but you’re still struggling with unsolved problems?
Maybe you’re here because tried everything.
In the majority of cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the most frequently contacted companies. A lot of customers have asked if they can assist you or put you into more debt.
According to their clients, they can assist you in managing the majority of your debt , so you are able to take few things off of your shoulders.
However, for certain people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt is used and the problems it can solve for you.
Furthermore, before we conclude we’ll look at its benefits and drawbacks.
Before beginning the review, watch this video instead in case you would 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 review. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Disaster Relief Payments Tax
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000, and is an active member 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 imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is the most popular feature. But they offer other services that will aid you in becoming more financially stable.
It all starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t conduct a credit inquiry. With this estimate of savings you’ll be able to learn more about the alternatives towards debt-free.
The savings estimate, as we’ve mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to assist you with credit arbitration if you decide to sign up. Some financial advisors can help you in your debt-free journey.
After your debt settlement program, CuraDebt is the company to take care of all your creditors’ calls. They will also be the ones who will determine what you will pay for your payment depending on the condition of your finances. Based on what works best for you, it can be either a lump sum settlement or a payment plan.
Additionally they will work with creditors so that you can enjoy better rates when you deposit money to your savings account. This is then processed to pay back the creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you have to do is log in to CuraDebts the client portal so that you can monitor your progress.
Before you can avail of their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you with?
Here are the different ways CuraDebt can help you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. These include medical bills, personal loans, credit cards as well as line of credit. They are also able to pay off any remaining balance of business debt and collections or repossessions.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive support for most claims, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you own. Additionally, you can have questions answered during a free consultation with their debt advisor.
The best part about their plan is that you will only have to pay for the charges after your debt has been settled. All you need to do is sign up with some of their programs and you’ll have the ability to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. After they have gathered all your financial documents, they will also collect all the necessary paperwork for tax returns.
With this program, you should be able to solve the various types of tax problems such as wage garnishments and tax penalties, personal and corporate taxes and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices, which depends on the amount you’ll have to pay.
They offer different options when it comes to the settlement of your tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts are they able to help with?
Although debt settlement is their forte but they aren’t able to provide all kinds of settlement. CuraDebt concentrates on loans that are not secured. They won’t be able to help you if your loan or debt is linked to an item that is physical.
However, if you have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to pay tax debts that were due to be paid without any problems. Additionally, this service is accessible across all 50 states, if you have a debt in arrears to IRS. They have federal tax experts to assist you with these types of issues.
CuraDebt can also help resolve any medical-related debt. In some instances, you may even pay the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to Federal student loan. However, they can assist private students in negotiating the student loans they have to pay.
Personal loans and payday loans are also eligible for the debt settlement program. It is also possible to avail the program if you have other unsecured credit lines that you have 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 assist you in paying it off.
What will it cost you?
The most appealing aspect of CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you have paid off all of your debts.
Additionally, they don’t have high-cost fees as well. In the average, you’ll need to pay as much as 20% of the debt you settled with them.
In general, this type of industry charges from 15% to 25%.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. But, it also differs in relation to the amount you can save up per month.
Also, they claim you can save up to 30% if you include their fees in your equation.
However, this statement will differ based on the situation. Some clients even mentioned saving 50% to 80percent.
Advantages to using CuraDebt
Now that you have an understanding of what CuraDebt can offer you let’s look into the advantages of using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. In addition they charge only a 20% fee while many companies charge 25 percent.
Next, if you’re done in the process of debt resolution you can also sign up for their credit restoration program.
It’s a fantastic way to restore the credit rating without going into debt again. However, the program runs different for every person dependent on the circumstances of your case.
Lastly, CureDebt looks into your credit to help with settlements and negotiations. This means your debt won’t increase over time. They’ll also look into any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to stop paying with your credit card. If you’re trying to build a better credit score, it could cause you to delay working on your debt.
CureDebt also doesn’t have a mobile app. While they do have a client website however, it appears old and mundane. It’s not very intuitive, and it can be challenging to navigate.
In addition, they’re not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on these kinds of services. In addition, their 20% service fee is cheaper than most firms that charge the 25% cost. There aren’t any upfront fees and you’ll only have to pay when the debt is settled.
While they’ll provide you with an account to see your progress however, their website isn’t easy to navigate. CuraDebt does not have an app, which would make it easier to track your progress.
They do have a competent support staff, and you can reach them not only through emails but also via phone or submitting an e-ticket. Disaster Relief Payments Tax
If your problem of debt is an problem, then we recommend CuraDebt’s service. Be sure to be eligible and that the services they offer are available in your area.
FAQ Disaster Relief Payments Tax
How long will it take to finish the program?
The average program is 24 to 48 months, dependent on the size of your debt and the agreed settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs to assist you with issues such as late payroll taxes and garnishments of wages.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and make the necessary payments to pay down your debt over time.