Has your debt increased lately? Are you exhausted from trying other financial advice and strategies but haven’t solved your problems?
Perhaps you’re here because you’ve been through every thing.
In the majority of cases, the most effective approach is to talk to experts who can assist you settle this issue.
CuraDebt is among the most asked companies. A lot of customers have asked if they can assist you or put you in more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
If you’re looking for any solution that could help you resolve your debt. If that’s the case, CuraDebt will mostly be highly recommended by those. We’ll take a deeper look at the way CuraDebt works and what problems it could help solve.
Moreover, before we end our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, you can go to this video in case you would prefer to watch it.
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 overview. Afterward, you will want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Disaster Relief Tax Current News
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000 and has been a part of the American Fair Credit Council, the US Chamber of Commerce, and accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. However, they also offer additional services to help you be more financially stable.
It all starts by requesting a no-cost savings estimate online. It is a completely private service and won’t be conducting a credit screening. By using this estimate of savings you’ll learn more about your other options in your journey to be debt-free.
This estimate of savings, which was mentioned previously, offers you an idea of 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 help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to handle all of your creditors’ calls. They will also be the ones who will determine conditions of the payment depending on the condition of your financial situation. Depending on which works most effectively your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Furthermore, they will be working with the creditors to ensure that you have better rates as you transfer money into your savings account, which in turn, will process to pay the creditors. Their plans can help you pay off the debt in 48 months.
After you’ve signed up with them, they’ll provide you with access to your account information 24 hours a day. All you need to do is log in to CuraDebts’ client portal to monitor your development.
Before you are able to avail their program, you’ll need to satisfy their criteria first. To be eligible, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What are they able to assist you?
Here are the different ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with debt. They are able to negotiate settlements on your behalf for all kinds of debt. These include personal loans, medical bills credit cards and line of credit. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you will not receive support for most cases, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find the violations of creditors to ensure that you receive cash settlements, if possible. Certain violations could result in having your debts removed as well.
CuraDebt also allows you to settle debt with less than the amount you have. Additionally, you can inquire about your debt during their no-cost consult with their debt counsellor.
The best part about their plan is that you’ll only pay the fees after your debt has been settled. All you have to sign up to any of the plans, and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with your tax debt. Once they collect all of your financial records and tax documents, they’ll also collect all the documents you’ll require to file tax returns.
Through this program, you’ll be able to solve various tax issues like garnishments on wages and tax penalties, personal and business taxes and back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They only offer flat-fee prices that is based on the amount you must settle.
They have different solutions for settling 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 kinds of debts are they able to help with?
While debt settlement is their specialization, they don’t offer all kinds of settlement. CuraDebt only focuses on loans that are not secured. They aren’t able to help you if the debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they will negotiate settlements on your behalf.
With CuraDebt, you should be able to pay your past-due tax debts without any issues. Additionally, this service is accessible across all 50 states, if you have a debt in arrears to IRS. There are tax experts from the federal government who can assist you in resolving these types of issues.
CuraDebt can also assist in settling any medical-related debt. In some instances you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students negotiate the student loans they owe.
Personal and payday loans are also eligible for the debt settlement program. You can also avail if you have other unsecured credit lines you obtained from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards as well as private label credit card, CuraDebt will help you pay it off.
How much will it cost?
The best part about CuraDebt’s pricing is how they’ve priced their service. They don’t charge upfront fees. You’ll only pay once you settle each of your debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay between 20 and 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere between 15 and 25 percent.
Additionally, customers can anticipate to pay off their debts in two to four years. But, it also differs depending on the amount that you are able to save each month.
Also, they claim you can save as much as 30% if you include their costs into your calculations.
However, this statement will vary, depending on your situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. In addition they charge only an amount of 20%, while most companies charge you 25%.
If you’re finished in the process of debt resolution, you could enroll in their credit repair program.
It’s a great way to restore the credit rating without going in debt again. The program is however designed in a different way for each individual according to your personal situation.
Lastly, 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 assistance of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with . If you’re trying to improve your standing on credit scores, you might cause you to delay getting rid of your obligations.
CureDebt does not have a mobile app. While they do have a client website, it looks outdated and basic. 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+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to resolve your debt without having to spend more for these types of services. In addition, their 20% service fee is cheaper than most businesses that charge a 25% fee. There aren’t any upfront fees and you’ll only have to pay when the debt is paid off.
Although they’ll give you an account to see your progress, their website is not simple to navigate. CuraDebt does not have an app that would make it easier to monitor your performance.
They do have a great support team that you can contact them not just via email but also by phone or submitting an e-ticket. Disaster Relief Tax Current News
If your problem of debt is an problem, then we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they provide are in your area.
FAQ Disaster Relief Tax Current News
How long does it take to complete the course?
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 state tax problems?
It is true that CuraDebt offers a program for tax relief to aid you in dealing with problems such as late payroll tax issues and garnishments on wages.
What should I 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 pay down your debt over time.