Has your debt been piling up lately? Are you exhausted from trying various financial advice and tips but still have unsolved issues?
Maybe you’re here because you’ve already tried everything.
In the majority of cases, your most effective approach is to talk to experts who can assist you resolve the issue.
CuraDebt is among the companies that get the most inquiries. A lot of people have been inquiring whether they can assist you or put you in more debt.
According to their clients they can help you manage the majority of your debts so that you are able to take couple of w
orries off your mind.
However, for certain people they believe these claims are 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 an in-depth review of the way CuraDebt is used and the problems it could help solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can go to this video if you prefer for it to be watched.
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 overview. Afterward, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Disater Relief On Tax Return On Hurricane Michael In Georgia
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is the most popular feature. However, they also offer additional services to aid you in becoming more financially secure.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be doing a credit check. With this savings estimate, you will learn more about your other options in your journey to debt-free.
Savings estimates, which was mentioned before, gives you an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor and a support team to assist you with the process of credit arbitration should you choose to join. Certain financial advisors can assist you on your path to debt-free living.
Following your debt settlement program is completed, CuraDebt will be the agency to take care of all your creditors’ calls. They will also be the ones who determine what you will pay for your settlement in accordance with the state of your finances. Based on what works best to you, this can be either a lump sum settlement or the option of a payment plan.
Moreover they will work with creditors to ensure that you have better rates as you transfer money into your savings account. This, is then processed to pay the creditors. Their programs can assist you to settle the debt within 48 months.
After you’ve registered with them, they will provide you with access to your account information 24 hours a day. All you have to do is login to CuraDebts’ client portal so that you can monitor your development.
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- At least 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
Like their name implies, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf for all kinds of debt. This includes personal loans, medical bills, credit cards as well as loans. You can also approach them to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate with back taxes and IRS debt. However, you won’t get support for most claims, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if they are possible. Some violations can also lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. They also allow you to inquire about your debt during their no-cost consult with their debt counsellor.
The greatest benefit of their plan is that you will only pay the fees when your debt is paid off. All you have to sign up for one of their plans 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 documents They will also gather all the paperwork you’ll need to file tax returns.
By using this program, you will be able to deal with various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t any hidden costs also. They only use flat-fee pricing and is dependent on the amount you’ll need to settle.
They have different solutions for the settlement of 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 types of debt are they able to help with?
While debt settlement is their forte but they aren’t able to offer all kinds of settlement. CuraDebt concentrates on unsecured debt. They aren’t able to help you if your loan or debt is linked to an item that is physical.
However, if you have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt the service, you’ll be able to settle taxes that are due without any problems. Additionally, this service is accessible across all 50 states, if you have a debt to the IRS. They have federal tax experts that can help you resolve these kinds of problems.
CuraDebt will also help you resolve 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 does not cater to the federal government’s student loan. They can however assist private students in negotiating the student loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You may also be eligible if you have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is how they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you settle each of your outstanding debts.
Also, they don’t have high-cost costs either. In the average, you’ll need to pay between 20 and 20 percent of the debt that you settled with them.
In the average, this kind of business can cost anywhere between 15 and 25 percent.
In addition, customers can expect 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.
They also claim that you can save as much as 30% if you include their costs into your calculations.
But this claim will also depend on your situation. Some customers even claimed to save between 50% and 80percent.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits of using CuraDebt.
In the beginning, CuraDebt only charges you once you’ve paid off your debt. Additionally they charge only a 20% fee while most companies charge you 25%.
Next, if you’re done by the program for debt relief, you may enroll in their credit repair program.
It’s a great option to rebuild your credit without having to go into debt again. However, the program lasts in a different way for each individual according to your personal situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also look into any violations of creditor with the help of their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief usually require that you stop paying with the credit card you use. If you’re trying to improve your rating on your credit, this may set you back while you’re getting rid of your credit card debt.
CureDebt also doesn’t have a mobile app. While they have a website for clients however, it appears old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on those types of services. Moreover their 20% service cost is less expensive than the majority of companies that offer the 25% cost. There is no upfront payment and you’ll only be required to pay once the debt is settled.
Although they’ll allow you to access an account to see your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app yet, which could make it easier for you to look at your progression.
However, they have a competent support staff and can be reached them, not only via emails but also by phone or sending an electronic ticket. Disater Relief On Tax Return On Hurricane Michael In Georgia
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be qualified and that the services they offer are available in your state.
FAQ Disater Relief On Tax Return On Hurricane Michael In Georgia
What is the time frame to complete the course?
The program typically takes 24 to 48 months, dependent on the size of your debt as well as the agreed settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt offers a program for tax relief that can help you with problems such as delinquent payroll tax issues and garnishments on wages.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower the amount of debt you have over time.