Are you experiencing debt that has been increasing lately? Are you exhausted from trying different financial advice and tips but you’re still struggling with unsolved problems?
Perhaps you’re here because you’ve tried every thing.
In the majority of cases, the best way is to approach experts who can assist you resolve the issue.
CuraDebt is among the most asked companies. A lot of people are asking if they can help you or put you in more debt.
According to their customers, they can assist you in managing 80% of your debt so that you can finally take a couple of things off your shoulders.
However, for certain people the claims seem too good to be true.
Suppose you’re on the lookout for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at its advantages and drawbacks.
Before beginning the review, you can go to this video for a more relaxing way 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 overview. 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 Role Call
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was established in 2000 and has since become 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.
Although it is accredited, certain states have restricted their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most popular feature. They also provide additional services to aid you in becoming more financially secure.
First of all, it starts by requesting a no-cost savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. By using this estimate of savings, you will discover more about options to debt-free.
Savings estimates, as mentioned before, gives you an idea of your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with credit arbitration if you decide to join. Certain financial advisors can assist you in your debt-free journey.
Following your debt settlement program is completed, CuraDebt will be the one to handle all of the calls from your creditors. They will also be the ones who will determine conditions of the repayment based on the status of your financial situation. Based on what works most effectively your situation, the payment could either be a lump sum settlement or the option of a payment plan.
Additionally they will also work with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will process to pay back creditors. The plans they offer can help you pay off the debt in two years.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is login to CuraDebts the client portal so that you can monitor your progress.
Before you can avail of the program, you’ll have to meet their eligibility requirements first. In order to be considered eligible for the program, you’ll need to meet the following requirements:
- At least 21 years old
- Verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with debt. They can negotiate settlements on your behalf to settle all kinds of debt. They can help with personal loans, medical bills, credit cards and loans. They are also able to settle any outstanding balance on business debt and collections or repossessions.
They can even help negotiate on tax owed as well as IRS debt. However, you won’t get assistance for the majority cases, government loans or collateral, as well as utility bills. They also don’t cover most student loans.
On the contrary, they’ll assist you with 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, should it be possible. Certain violations could lead to having your debts dismissed as well.
CuraDebt lets you repay debt for less than the amount you have. You can also inquire about your debt during their no-cost consult with their debt advisor.
The greatest benefit of their plan is that you only be charged when your debt is paid off. All you need to sign up to any of the 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 records They will also gather all the documents you’ll require to file tax returns.
By using this program, you should be able to solve various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden costs neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you must settle.
They offer different options in paying off taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt are they able to help with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to cater to all types in debt resolution. CuraDebt concentrates on unsecured debt. They aren’t able to help you if the debt or loan is tied to an actual item.
However, if you have the following types of debt, they’ll make arrangements for settlements.
With CuraDebt, you should be able to pay your past-due tax debts without difficulty. Furthermore, this service is available to all 50 states if you have a debt in arrears to IRS. There are tax experts from the federal government that can help you resolve these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle them for less than what you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. Still, they can help private students with negotiating any loans they have to pay.
Payday loans and personal loans also qualify for the debt settlement program. You can also avail of the program if you also have other unsecured credit lines that you got from another bank or financial institution.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt will assist you in paying it off.
What will it cost you?
The greatest thing about CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you’ve paid each of your outstanding debts.
Additionally, they don’t have high-cost charges either. In the average, you’ll need to pay up to 20 percent of the debt you settled through them.
In general, this type of business can cost anywhere from 15% to 25 percent.
Moreover, clients can expect to settle their debts within two to four years. This varies in relation to the amount you are able to save each month.
They also claim that you could save as much as 30% when you factor in their fees in your equation.
However, the claim may vary, depending on your specific situation. Some customers even claimed to save between 50% and up to 80%.
The benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s explore the benefits that come with using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Additionally they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
If you’re finished by the program for debt relief you could enroll in their credit repair program.
It’s an excellent option to rebuild the credit rating without having to go back into debt. However, the program runs in a different way for each individual, depending on your situation.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any creditor violations with the help of their in-house experts.
The drawbacks of the use of CuraDebt
We will also examine some of the drawbacks of CuraDebt.
Debt relief and debt settlements usually require that you stop making payments using your credit card. So if you’re trying to increase your credit score, it might cause you to delay working on your obligations.
CureDebt also doesn’t have a mobile app available. While they do have a website that clients can access, it looks outdated and basic. It’s not very user-friendly, and 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 lets you resolve your debt without having to spend more on these kinds of services. Additionally their 20% service cost is cheaper than most firms that charge an additional 25% charge. There is no upfront payment and you’ll only have to pay when the debt is paid off.
Although they’ll allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt also doesn’t have an app yet, which will make it easier to monitor your progression.
However, they have a competent support staff that you can contact them not just via email but also by phone or sending an e-ticket. Economic Growth And Tax Relief Reconciliation Act Of 2021 Role Call
If your credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re eligible and that the programs they provide are in your state.
FAQ Economic Growth And Tax Relief Reconciliation Act Of 2021 Role Call
How long does it take to complete the program?
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 aid with tax problems in the state?
Yes, CuraDebt provides tax relief programs to help you with problems such as late payroll taxes and wage garnishments.
What’s the first thing I have to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to lower your debt over time.