Have your debts been piling up lately? Are you exhausted from trying various financial tips and advice but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve tried every thing.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the companies that get the most inquiries. A lot of people are asking if they are able to help or help you get into more debt.
According to their clients, they can help you control the majority of your debt so that you can take few things off of your mind.
However, for certain people the claims seem too good to be true.
If you’re looking for something that will aid you in settling your debt. In this case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth study of the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can watch this video instead if you 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 Recovery And Middle-Class Tax Relief Act Of 2021 Cbo Scoring
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has since become a participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
While it is accredited, some states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer additional services to aid you in becoming more financially stable.
The process begins by requesting a free savings estimate online. The service is completely confidential, and they won’t be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the alternatives to be debt-free.
Savings estimates, as mentioned before, gives you an idea of your choices regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you in navigating credit arbitration in the event that you decide to sign up. 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’ll also be the ones who will negotiate what you will pay for your payment in accordance with the state of your finances. Depending on which works most effectively to you, this could be a lump-sum settlement or a payment plan.
Moreover they will also be working with the creditors to ensure that you enjoy better rates when you transfer money into your savings account, which is then processed to pay off creditors. The plans they offer can help you get rid of debt in just two years.
After you’ve registered with them, they will allow you access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from their program, you’ll need to satisfy their criteria first. For eligibility, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What can they help you with?
Here are the various ways CuraDebt can help you.
As their name suggests, CuraDebt can help you deal with debt. They are able to negotiate settlements on your behalf for the majority of types of debt. These include medical bills, personal loans credit cards, as well as loans. They are also able to settle any outstanding balance on business debt collection, repossessions, or collections.
They can even help negotiate for back taxes and IRS debt. However, you won’t get assistance for the majority claims, government loans as well as collateral and utility bills. The same goes for student loans.
On the other hand, they can assist you in navigating laws such as those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt can also help you settle debt with less than the amount you own. You can also ask questions during their free consult with their debt advisor.
The most appealing aspect of their program is that you will only have to pay for the charges after your debt has been settled. All you need to sign up to some of their programs and you’ll have the ability to resolve all of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. Once they collect all of your financial documents and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you’ll be able to deal with various tax issues like wage garnishments and tax penalties, personal and corporate taxes and back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount you’ll need to settle.
They have different solutions for settling taxes. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What types of debt are they able to help with?
While debt settlement is their forte however, they do not provide all kinds of debt settlement. CuraDebt concentrates on debt that is not secured. They can’t assist you if your debt or loan is tied to a physical item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt the service, you’ll be able to settle taxes that are due without any issues. Additionally, this service is available to all 50 states in the event that you owe money in arrears to IRS. There are federal tax experts who can assist you in resolving these kinds of problems.
CuraDebt will also help you resolve the medical bills. In certain cases you might even be able to pay them for less than what you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students in negotiating any loans they owe.
Payday loans and personal loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you got from an alternative 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 can assist you in paying it off.
What is the cost?
The greatest thing about CuraDebt is the way they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Additionally, they don’t charge high fees as well. On average, you’ll be required to pay between 20 and 20% of the debt you settled with them.
On average, this type of business can cost anywhere from 15% to 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. But, it also differs in relation to the amount you are able to save each month.
Also, they claim you can save as much as 30% by incorporating their costs into your calculations.
However, the claim may vary, depending on the situation. Some clients even mentioned saving 50% to 80%.
Advantages to using CuraDebt
Once you’ve got an idea of the benefits CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you once you’ve paid off your debt. Furthermore they only charge a 20% fee while many companies charge 25 percent.
Next, if you’re done in the process of debt resolution, you can also sign up for their credit repair program.
It’s an excellent method to improve your credit score without having to go back into debt. However, the program runs different for every person, depending on your situation.
In the end, CureDebt looks into your credit to assist in settlements and negotiations. It means that your debt won’t increase over time. They’ll also look into any creditor violations with the help of their own experts.
Some disadvantages to using CuraDebt
We will also examine some of the negatives of CuraDebt.
Settlement of debt and debt relief often require you to stop making payments using your credit card. So if you’re trying to increase your standing on credit scores, you could cause you to delay getting rid of your debt.
CureDebt also doesn’t offer a mobile application. Although they have a website that clients can access, it looks old and mundane. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not recognized by the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that will allow you to pay off your debts without spending more for these types of services. In addition, their 20% service charge is cheaper than most businesses that charge a 25% fee. There is no upfront payment, and you will only have to pay when the debt is paid off.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that will make it easier to track your performance.
However, they have a competent support staff and can be reached them, not only via emails but by phone or by making an electronic ticket. Economic Recovery And Middle-Class Tax Relief Act Of 2021 Cbo Scoring
If the credit card is a major problem, then we recommend CuraDebt’s service. Just make sure that you’re eligible and that the programs that they provide are offered in your state.
FAQ Economic Recovery And Middle-Class Tax Relief Act Of 2021 Cbo Scoring
How long does it take to complete the course?
The typical program lasts from 24 to 48 months, depending on the amount of your debt as well as the agreed settlement.
Can CuraDebt help in the fight against state tax issues?
It is true that CuraDebt provides tax relief programs that can aid you in dealing with problems such as late payroll tax issues and wage garnishments.
What do I need to do after joining the program?
You’ll need to constantly communicate with your team members and pay the required payments to pay down your debt over time.