Have your debts been increasing lately? Are you tired of trying other 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 you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can help you or help you get into more debt.
According to their clients they can assist you in managing 80% of your debts so that you can finally take a couple of things off your shoulders.
But for some people, these claims are just too good to be true.
Suppose you’re on the lookout for any solution that could assist you in paying off your debt. If that’s the scenario, CuraDebt will mostly be recommended by people. We’ll take a deeper study of the way CuraDebt operates and what issues it can solve for you.
In addition, prior to our conclusion, we’ll also look into its advantages and drawbacks.
Before you begin the review, go to this video if you prefer for it to be watched.
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’ll want to read the rest of the article for a more comprehensive review.
About the Company Elizabethtown Tax Relief For Senior Citizens
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000 and has been an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although 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 well-known feature. They also provide additional services to assist you in becoming financially stable.
The process starts by requesting a no-cost savings estimate online. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings you’ll be able to be able to learn more about the alternatives towards debt-free.
The savings estimate, which was mentioned before, gives you an insight into your options regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial counselor as well as a support team to assist you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you in your debt-free journey.
After your debt settlement plan, CuraDebt is the one to answer all of your creditor’s calls. They’ll also be the ones who determine conditions of the payment based on the status of your financial situation. Based on what works best your situation, the payment could either be a lump sum settlement or an installment plan.
Moreover they will also work with lenders to help you get better rates when you deposit money to your savings account, which is then processed to pay off the creditors. Their plans can help you pay off the debt in two years.
Once you’ve signed up with them, they will allow you access to your information 24/7. All you need to do is sign in to CuraDebts Client Portal to track your progress.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to meet the following criteria:
- At least 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 some of the ways CuraDebt can aid you.
The name of the company suggests that CuraDebt can assist you in dealing with your 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 line of credit. They are also able to help settle any remaining balance of business debt and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive assistance for the majority cases, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations in order to get cash settlements, should it be possible. Some violations can also result in having your debts removed as well.
CuraDebt lets you settle debt with less than the sum you have. They also allow you to inquire about your debt during their no-cost consult with their debt counselor.
The best part about their plan is that you’ll only have to pay for the charges once your debt is settled. All you have to sign up to some of their programs, and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documents and tax documents, they’ll also collect all the paperwork you’ll need for tax returns.
With this program, you should be able to resolve various tax issues such as garnishments on wages as well as tax penalties for personal and business taxes and back taxes, trust fund penalties, and tax liens.
There aren’t hidden fees also. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They offer different options in the settlement of your tax debt. Here are six of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kind of debt can they help you with?
Although they specialize in debt settlement, it is not their specialization, they don’t provide all kinds of settlement. CuraDebt concentrates on unsecured debt. They can’t assist you if your loan or debt is linked to a physical item.
If you do have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off your past-due tax debts without any issues. Additionally, this service is offered to all 50 states in the event that you owe money to the IRS. There are tax experts from the federal government to assist you with these types of issues.
CuraDebt will also help you resolve any medical-related debt. In some cases you might even be able to pay them less than the amount you are owed.
Private Student Loan
CuraDebt doesn’t cater to Federal student loan. They can however assist private students in negotiating the student loans they are owed.
Personal loans and payday 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 an alternative financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards or private label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The most appealing aspect of CuraDebt’s pricing is how the company has priced its services. They don’t charge upfront fees. You’ll only pay once you have paid off all of your outstanding debts.
They also don’t have high-cost fees as well. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
On average, this type of business can cost anywhere between 15% and 25 percent.
Moreover, clients can expect to settle their debt from 2 to 4 years. However, this also varies in relation to the amount you save per month.
Additionally, they claim you can save as much as 30% if you include their costs into your calculations.
However, this statement will differ based on your specific situation. Some clients even mentioned saving between 50% and 80%.
The benefits of using CuraDebt
Once you’ve got an understanding of what CuraDebt can offer you let’s look into the advantages that come with using CuraDebt.
In the beginning, CuraDebt is only charged when you’ve paid off your debt. Additionally they charge only an amount of 20%, while the majority of companies charge 25 percent.
Then, if you’re done by the program for debt relief you could also sign up for their credit restoration program.
It’s an excellent way to restore the credit rating without going in debt again. However, the program lasts differently for each person according to your personal situation.
Lastly, CureDebt looks into your financial obligations to help with settlements and negotiations. This means your debt won’t inflate over time. They’ll also look into any violations of creditor with the help of their in-house experts.
Some disadvantages to using CuraDebt
We will also examine some of the disadvantages of CuraDebt.
Debt settlement and debt relief often require you to cease making payments with your credit card. If you’re trying to improve your rating on your credit, this might cause you to delay getting rid of your obligations.
CureDebt also doesn’t have a mobile app available. Although they have a client website but it’s old and mundane. It’s not very intuitive and could be difficult to navigate.
Moreover, they are still not recognized by an accreditation from the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a useful program that will allow you to pay off your debts without spending more on those types of services. Moreover, their 20% service fee is cheaper than most businesses that charge the 25% cost. There is no upfront payment, and you will only have to pay the fee when the debt is settled.
Although they’ll give you an account so that you can track your progress, their website is not easy to navigate. CuraDebt does not have an app, which could make it easier for you to track your performance.
They do have a good support team and can be reached them not just via email but also by phone or submitting an e-ticket. Elizabethtown Tax Relief For Senior Citizens
If credit card is a major problem right now, we recommend CuraDebt’s service. Be sure to be eligible and that the services that they provide are offered in your state.
FAQ Elizabethtown Tax Relief For Senior Citizens
How long does it take to finish the program?
The average program is 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 provides tax relief programs to help you with problems such as delinquent payroll tax issues and garnishments of wages.
What do I need to do once I’m in the program?
You’ll need to constantly communicate with your team members and make the necessary payments to lower your debt over time.