Are you experiencing debt that has been piling up lately? Are you tired of trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because already tried everything.
In the majority of cases, your best way is to approach professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many people have been inquiring whether they can assist you or help you get into more debt.
According to their clients they can help you control 80percent of your debt , so you can finally take a few things off of your shoulders.
But for some people they believe these claims are too good to be true.
Suppose you’re on the lookout for anything that can aid you in settling your debt. In this scenario, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of the way CuraDebt is used and the problems it can solve for you.
Moreover, before we end, we’ll also look into its benefits and drawbacks.
Before starting the review, you can check out this video instead if you prefer to watch it.
Otherwise, let’s begin.
Before you continue, you may want to watch 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 of CuraDebt.
About the Company Economic Growth And Tax Relief Reconciliation Act Of 2021 Definition
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been a participant in 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 imposed restrictions on their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer other services that can aid you in becoming more financially secure.
First of all, it begins with requesting a free savings estimate online. This service is very confidential and won’t be conducting a credit screening. With this savings estimate you’ll be able to learn more about the other options in your journey to be debt-free.
The savings estimate, which was mentioned earlier, provides you with an insight into your options regardless of whether you’re planning on using CuraDebt.
CuraDebt will provide you with a financial counselor and a support team to assist you in navigating the process of credit arbitration should you choose to sign up. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the one to take care of all your creditor’s calls. They’ll also be the ones that negotiate the terms of your settlement in accordance with the state of your financial situation. In determining which option is the most effectively to you, this could be either a lump sum settlement or a payment plan.
Additionally they will be working with creditors to ensure that you have better rates as you deposit money to your savings account. This, is then processed to pay off the creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they’ll give you access to your information 24/7. All you need to do is login to CuraDebts the client portal to monitor your development.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll need to meet the following criteria:
- Minimum 21 years old
- Have a 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.
As their name suggests, CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for most types of debt. They can help with medical bills, personal loans credit cards and also line of credit. You can also approach them to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate for back taxes as well as IRS debt. However, you will not receive assistance for the majority of your lawsuits, government loans or collateral, as well as utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they can assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find creditor violations to ensure that you receive cash settlements, should it be possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you have. They also allow you to have questions answered during a free meeting with their debt advisor.
The greatest benefit of their plan is that you will only have to pay for the charges when your debt is paid off. All you need to do is sign up with one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation, they will also collect 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 like wage garnishments, tax penalties, personal and corporate taxes, back taxes as well as trust fund penalties and tax liens.
There aren’t hidden fees also. They use only flat-fee pricing, which depends on the amount you must settle.
They have different solutions when it comes to settling taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds of debt settlement. CuraDebt only focuses on unsecured debt. They aren’t able to help you if your loan or debt is linked to an item that is physical.
If, however, you are in the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able to pay tax debts that were due to be paid without any issues. Moreover, this type of service is available to all 50 states in the event that you have a debt in arrears to 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 some instances, you may even pay them for less than what you owe.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. Still, they can help private students with negotiating any student loans that they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. You can also avail of the program if you also have other unsecured credit lines that you got from another financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards or traditional credit cards and private-label credit cards CuraDebt will help you pay it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge an upfront fee. You’ll only pay once you have paid off all of your outstanding debts.
Additionally, they do not charge high fees as well. On average, you’ll be required to pay between 20 and 20 percent of the debt you settled through them.
On average, this type of industry charges between 15% and 25 percent.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs depending on the amount that you can save up per month.
Also, they claim you can save up to 30% by incorporating their fees in your equation.
However, this statement will depend on the situation. Some clients even mentioned saving 50 to 80%.
Benefits of using CuraDebt
Now that you have a clearer picture of what CuraDebt can provide, Let’s take a look at the benefits of using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas many companies charge 25%.
If you’re finished with the debt settlement program you could enroll in their credit repair program.
It’s an excellent way to restore your credit without having to go back into debt. The program is however designed differently for each person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also look into any creditor violations with the help of their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Debt settlement and debt relief often require you to stop making payments using . So if you’re trying to improve your rating on your credit, this could cause you to delay working on your credit card debt.
CureDebt also doesn’t offer a mobile application. While they have a website for clients but it’s outdated and basic. It’s not very intuitive, and it can be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they did receive an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to resolve your debt without having to spend more for these types of services. In addition the 20% service cost is cheaper than most companies that offer an additional 25% charge. There are no upfront payments, and you will only have to pay when your debt is finally settled.
Although they’ll give you an account to see your progress however, their website isn’t easy to navigate. CuraDebt also doesn’t have an app, which would make it easier to track your progress.
However, they have a good support team that you can contact them not just via email but by phone or by making an electronic ticket. Economic Growth And Tax Relief Reconciliation Act Of 2021 Definition
If the credit card is a major problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the programs they offer are available in your state.
FAQ Economic Growth And Tax Relief Reconciliation Act Of 2021 Definition
How long does it take to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt provides tax relief programs that can assist you with issues such as delinquent payroll tax and wage garnishments.
What’s the first thing I have to do when I’m enrolled in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down your debt over time.