Are you experiencing debt that has been piling up lately? Are you burnt out from trying various financial advice and strategies but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, your best option is to speak with professionals that can help to resolve this issue.
CuraDebt is one of the most frequently contacted companies. Many customers have asked if they can assist you or put you into more debt.
According to their customers, they can help you manage the majority of your debts so that 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 any solution that could assist you in paying off your debt. In this case, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at the way CuraDebt operates and what issues it can solve for you.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before you begin the review, you can go to this video in case you would prefer watching it.
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 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 Act Of 2021 Judicial And Executive Powers
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited through the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have restricted their services.
What can CuraDebt do?
Helping you pay off your debt is CuraDebt’s most well-known feature. But they offer other services that will aid you in becoming more financially secure.
It all starts by requesting a no-cost savings estimate on the internet. The service is completely confidential and won’t be conducting a credit screening. With this estimate of savings you’ll discover more about options towards debt-free.
The savings estimate, as mentioned before, gives you an insight into your options regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to join. Financial advisors may be able to assist you on your path to debt-free living.
Following the debt settlement program is completed, CuraDebt is the agency to take care of all your creditors’ calls. They’ll be the ones who will determine conditions of the settlement in accordance with the state of your financial situation. Based on what works most effectively for you, it can be either a lump sum settlement or an installment plan.
Additionally they will be working with the creditors to ensure that you have better rates as you make deposits to your savings account. This in turn, will process to pay off creditors. Their plans can help you pay off the debt in 48 months.
After you’ve registered with them, they’ll allow you access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal to track your development.
Before you are able to avail the program, you’ll have to satisfy their criteria first. To be eligible, you’ll have to meet the following requirements:
- Minimum 21 years old
- Earn a reliable income
- You must have a minimum balance of $5,000
What can they help you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt will assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with medical bills, personal loans, credit cards and loans. You can also approach them to help settle any remaining amount on business debts, collections, or repossessions.
They may even assist you in negotiating on tax owed and IRS debt. However, you will not receive support for most cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the contrary, they’ll 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 the violations of creditors in order to get cash settlements, should it be possible. Some violations can also cause your debt to be dismissed as well.
CuraDebt can also help you pay off debts with less than the amount you own. You can also have questions answered during a free consult with their debt advisor.
The greatest benefit of the program is that you’ll only be charged after your debt has been settled. All you have to sign up to one of their plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve 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 solve various tax issues like wage garnishments as well as tax penalties for personal and business taxes as well as back taxes and trust fund penalties and tax lien.
There aren’t any hidden costs either. They only use flat-fee pricing and is dependent on the amount you need to settle.
They have different solutions in 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 can they assist you with?
While debt settlement is their specialty however, they do not offer all kinds of debt settlement. CuraDebt only focuses on loans that are not secured. They can’t help you if the loan or debt is linked to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you owe money in arrears to IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt will also help you resolve the medical bills. In some cases you might even be able to pay the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. Still, they can help private students with negotiating the student loans they have to pay.
Personal loans and payday loans also qualify as debt-settling programs. It is also possible to avail the program if you have other unsecured credit lines that you got from a different 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.
What will it cost you?
The most appealing aspect of CuraDebt is how the company has priced its services. They don’t charge upfront fees. Only pay when you settle each of your debts.
Also, they don’t charge high charges either. On average, you’ll have to pay up to 20 percent of the debt you settled with them.
In the average, this kind of industry charges from 15% to 25%.
In addition, customers can expect to pay off their debts in 2 to 4 years. However, this also varies according to the amount you are able to save each month.
They also claim that you could save up to 30% by incorporating their fees in your equation.
However, this statement will vary, depending on the situation. Some clients even mentioned saving between 50% and up to 80%.
Benefits of using CuraDebt
Now that you have an understanding of what CuraDebt offers, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt only charges you after you’ve settled your debt. Additionally they charge only an amount of 20%, while many companies charge 25 percent.
Next, if you’re done by the program for debt relief you could enroll in their credit restoration program.
It’s a fantastic way to restore the credit rating without having to go into debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. So, the amount you owe won’t rise as time passes. They’ll also investigate any violations by creditors with the assistance of their in-house experts.
Drawbacks of using CuraDebt
Let’s also look into some of the drawbacks of CuraDebt.
Debt settlement and debt relief typically require you to cease making payments with your credit card. So if you’re trying to increase your rating on your credit, this may delay you from getting rid of your obligations.
CureDebt does not have a mobile app. While they do have a website for clients, it looks aged and simple. 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 pay off your debts without spending more on those types of services. Additionally, their 20% service cost is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only have to pay when your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt isn’t even an app, which will make it easier to look at your performance.
They do have a great support team and can be reached them, not only via emails but also via phone or making an e-ticket. Economic Growth And Tax Relief Reconciliation Act Of 2021 Judicial And Executive Powers
If the credit card is a major problem right now, we recommend CuraDebt’s service. Make sure you’re eligible and that the services they provide are in your state.
FAQ Economic Growth And Tax Relief Reconciliation Act Of 2021 Judicial And Executive Powers
How long will it take to complete the course?
The typical program lasts from between 24 and 48 months depending on the amount of your debt as well as your agreed settlement.
Can CuraDebt help in the fight against state tax issues?
Sure, CuraDebt offers a program for tax relief to help you with problems such as late payroll taxes and garnishments on wages.
What should I do once I’m in the program?
You’ll have to keep in constant contact with the team and make the necessary payments to pay down the amount of debt you have over time.