Have your debts been increasing lately? Are you burnt out from trying other financial advice and tips but still have unsolved issues?
Maybe you’re here because already tried every thing.
In most cases, the best option is to speak with professionals that can help you settle this issue.
CuraDebt is one of the most frequently contacted companies. A lot of people have been inquiring whether they are able to help or put you into more debt.
According to their clients, they can help you manage 80% of your debts so that you can take couple of w
orries off your shoulders.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for something that will aid you in settling your debt. In that situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before beginning the review, go to this video if you prefer watching 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 will want to read the rest of our article for a more comprehensive review.
About the Company Economic Growth And Tax Relief Reconciliation Act Of 2021 Ap Gov
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Assistance in settling your debt is the most known feature. But they offer other services that can assist you in becoming financially secure.
First of all, it starts by requesting a no-cost online savings estimate. This service is very confidential, and they won’t be doing a credit check. With this estimate of savings you’ll be able to be able to learn more about the other options in your journey to debt-free.
The savings estimate, which was mentioned before, gives you an idea of your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor and a team of support to help you with credit arbitration in the event that you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program, CuraDebt will be the agency to answer all of your creditors’ calls. They will also be the ones that determine what you will pay for your payment depending on the condition of your finances. Depending on which works most effectively for you, it can be either a lump sum settlement or an installment plan.
Furthermore they will be working with the creditors to ensure that you enjoy better rates when you deposit money to your savings account. This, in turn, will be processed to pay the creditors. Their programs can assist you to get rid of debt in just two years.
After you’ve registered with them, they will provide you with access to your data 24/7. All you have to do is login to CuraDebts’ client portal to monitor your performance.
Before you can benefit from the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll have to meet the following criteria:
- Minimum 21 years old
- Have a verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you?
Here are the various ways CuraDebt can help you.
Like their name implies, CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on behalf of you for the majority of types of debt. They can help with medical bills, personal loans credit cards and also loans. They are also able to pay off any remaining balance on business debt collection, repossessions, or collections.
They can even help negotiate on tax owed and IRS debt. However, you will not receive assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. The same goes for student loans.
On the other hand, they will assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify the violations of creditors so that you can have cash settlements, if they are possible. Certain violations could result in having your debts removed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also ask questions during their free meeting with their debt advisor.
The most appealing aspect of their plan is that you will only be charged after your debt has been settled. All you have to do is sign up with any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents, they will also collect all the documents you’ll require for tax returns.
By using this program, you’ll be able to solve various tax issues such as wage garnishments, tax penalties, personal and corporate taxes as well as back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees also. They only offer flat-fee prices that is based on the amount you must settle.
There are a variety of options in paying off taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of settlement. CuraDebt is only focused on debt that is not secured. They can’t help you if your debt or loan is tied to an item that is physical.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any issues. Additionally, this service is accessible to all 50 states in the event that you have a debt in arrears to IRS. There are federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt does not offer Federal student loan. They can however assist private students negotiate any student loans that they owe.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you got from a different bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards as well as 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’s pricing is how the company has priced its services. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Additionally, they do not charge high charges either. In the average, you’ll need to pay as much as 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere between 15 and 25 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. This varies according to the amount you are able to save each month.
Additionally, they claim you can save as much as 30% when you factor in their charges into your calculation.
But this claim will also differ based on your specific situation. Some clients even mentioned saving 50% to up to 80%.
Benefits of using CuraDebt
Now that you have an idea of what CuraDebt offers, let’s explore the benefits of using CuraDebt.
First, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they only charge an amount of 20%, while most companies charge you 25%.
Then, if you’re done with the debt settlement program you may join their credit repair program.
It’s an excellent option to rebuild your credit score without going into debt again. However, the program runs differently for each person, depending on your situation.
In the end, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. Therefore, if you’re trying build a better rating on your credit, this might cause you to delay working on your obligations.
CureDebt does not have a mobile app. While they do have a client website however, it appears outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
Moreover, they are still not accredited with an accreditation from the Better Business Bureau although they were awarded 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. Additionally, their 20% service cost is less expensive than the majority of businesses that charge the 25% cost. There are no upfront payments, and you will only be required to pay once the debt is settled.
Although they’ll give you an account to see your progress, their website is not simple to navigate. CuraDebt isn’t even an app, which will make it easier to track your performance.
But, they do have a good support team, and you can reach them, not only via emails but by phone or by submitting an e-ticket. Economic Growth And Tax Relief Reconciliation Act Of 2021 Ap Gov
If the credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the services that they provide are offered in your area.
FAQ Economic Growth And Tax Relief Reconciliation Act Of 2021 Ap Gov
How long will it take to finish the program?
The program typically takes between 24 and 48 months depending on the amount of your debt as well as the agreement on the settlement.
Can CuraDebt assist with state tax problems?
It is true that CuraDebt offers a program for tax relief that will assist you with issues such as delinquent payroll taxes and garnishments on wages.
What should I do after joining the program?
You’ll be required to communicate with the team and make the necessary payments to reduce your debt over time.