Are you experiencing debt that has increased lately? Are you tired of trying various financial advice and strategies but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is among the most asked companies. A lot of people have been inquiring whether they are able to help or put you in more debt.
According to their customers, they can help you control the majority of your debt , so you are able to take few things off of your plate.
For some the claims seem too good to be true.
If you’re looking for something that will assist you in paying off your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth study of the way CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before beginning the review, you can watch this video instead if you 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 review. After, you’ll want to read the rest of our article for a more comprehensive review of CuraDebt.
About the Company Economic Growth And Tax Relief Reconciliation Acr
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer additional services to help you be more financially secure.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about your alternatives to be debt-free.
This estimate of savings, which was mentioned before, gives you the opportunity to consider your choices, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration in the event that you decide to join. Financial advisors may be able to assist you in your debt-free journey.
After your debt settlement program is completed, CuraDebt will be the company to handle all of your creditors’ calls. They’ll be the ones who determine the terms of your repayment depending on the condition of your finances. Depending on which works most effectively your situation, the payment can either be a lump sum settlement or an installment plan.
Moreover they will also be working with the creditors so that you can enjoy better rates when you deposit money to your savings account, which in turn, will be processed to pay back the creditors. The plans they offer can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll provide you with access to your information 24/7. All you need to do is log in to CuraDebts Client Portal to 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
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. They can help with medical bills, personal loans credit cards, as well as line of credit. You can also approach them to settle any outstanding balance on business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed and IRS debt. But, you won’t receive assistance with the majority 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 can also assist you in identifying debtors who are in violation in order to get cash settlements, if possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt lets you settle debt with less than the amount you own. You can also have questions answered during a free consult with their debt counselor.
The most appealing aspect of their program is that you will only be charged when your debt is paid off. All you have to sign up to one of their plans and you’ll be able to resolve all 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 gather all the paperwork you’ll need for tax returns.
By using this program, you will be able to resolve the various types of tax problems such as wage garnishments and tax penalties, personal and taxation for business and back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They only use flat-fee pricing, which depends on the amount you must settle.
There are a variety of options in settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
While debt settlement is their specialization, they don’t provide all kinds in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to assist 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’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able to settle tax debts that were due to be paid without any issues. Moreover, this type of service is offered to all 50 states in the event that you owe money to the IRS. They have federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt can also help resolve your medical debt. In certain cases, you may even pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students negotiate the student loans they have to pay.
Personal and payday loans are also eligible to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards as well as private label credit card CuraDebt will assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt is how the company has priced its services. They do not charge an upfront cost. You’ll only pay once you’ve paid each of your debts.
Also, they do not charge high charges either. In the average, you’ll need to pay between 20 and 20% of the debt you settled with them.
On average, this type of business can cost anywhere between 15% and 25 percentage.
Additionally, customers can anticipate to settle their debts within two to four years. This varies according to the amount you can save up per month.
Also, they claim that you can save up to 30% by incorporating their costs into your calculations.
However, this statement will differ based on your specific situation. Some clients even mentioned 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 explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt is only charged once you’ve paid off your debt. In addition they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done with the debt settlement program, you can join their credit restoration program.
It’s an excellent option to rebuild your credit without going in debt again. However, the program runs differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations of creditor with the help of their experts in-house.
Some disadvantages to using CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop paying with . If you’re trying to improve your rating on your credit, this might set you back while you’re getting rid of your obligations.
CureDebt doesn’t even have a mobile app available. While they have a website for clients however, it appears old and mundane. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a good program that allows you to pay off your debts without spending more on those types of services. Moreover the 20% service fee 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 give you an account that allows you to track your progress, their website is not user-friendly. CuraDebt also doesn’t have an app yet, which will make it easier to track your progression.
However, they have a great support team, and you can reach them not only through emails but also by phone or making an e-ticket. Economic Growth And Tax Relief Reconciliation Acr
If credit card is a major problem, then we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Economic Growth And Tax Relief Reconciliation Acr
What is the time frame to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as your stipulated settlement.
Can CuraDebt assist in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that can aid you in dealing with problems like delinquent tax and garnishments on wages.
What do I need to do when I’m enrolled in the program?
You’ll be required to communicate with your team members and pay the required payments to pay down your debt over time.