Have your debts been increasing lately? Are you burnt out from trying various financial advice and strategies but still have unsolved issues?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the best way is to approach experts who can help to resolve this issue.
CuraDebt is among the companies that get the most inquiries. Many people have been inquiring whether they are able to help or put you into more debt.
According to their clients, they can help you manage 80% of your debt so that you are able to take couple of w
orries off your mind.
For some they believe these claims are too good to be true.
Suppose you’re on the lookout for something that will help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth look at how CuraDebt works and what problems it could help solve.
In addition, prior to our conclusion our discussion, we’ll take a look at the advantages and disadvantages of this method.
Before beginning the review, go to this video in case you would prefer watching it.
Otherwise, let’s begin.
Before you continue, you may want to check out 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 of CuraDebt.
About the Company Estate And Gifestimated Federal Tax Due Dates 2021Tax Relief 2017
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000, and is a participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
While it is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is one of CuraDebt’s best known feature. But they offer other services that will aid you in becoming more financially stable.
It all begins with requesting a free savings estimate on the internet. The service is completely confidential and they will not conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your other options in your journey to debt-free.
Savings estimates, as we’ve mentioned previously, offers you an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to assist you in navigating credit arbitration in the event that you decide to sign up. Some financial advisors can help you in your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the company to take care of all your creditor’s calls. They’ll also be the ones who will determine conditions of the repayment depending on the condition of your finances. In determining which option is the best for you, it can be a lump-sum settlement or the option of a payment plan.
Additionally, they will work with lenders to help you get better rates when you deposit money to your savings account, which in turn, will be processed to pay the creditors. Their programs can assist you to pay off the debt in two years.
After you’ve registered with them, they will provide you with access to your information 24/7. All you have to do is log in to CuraDebts Client Portal so that you can monitor your development.
Before you can avail of their program, you’ll need to satisfy their criteria first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Verifiable income
- Minimum debt must be $5,000
What can they assist you?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with debt. They are able to negotiate settlements on behalf of you for all kinds of debt. These include medical bills, personal loans credit cards, and lines of credit. They can also be approached to pay off any remaining balance on business debt collection, repossessions, or collections.
They may also assist in negotiating with back taxes and IRS debt. However, you will not receive support for most cases, government loans as well as collateral and utility bills. Also, they don’t cover the majority of student loans.
On the contrary, they’ll help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation in order to get cash settlements, if they are possible. Some violations can also result in having your debts dismissed as well.
CuraDebt also allows you to pay off debts with less than the amount you have. You can also ask questions during their free consultation with their debt advisor.
The best part about the program is that you will only have to pay for the charges after your debt has been settled. All you need to do is sign up with any of the plans and you’ll be able pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with your tax debt. Once they collect all of your financial records, they will also collect all the necessary paperwork for tax returns.
Through this program, you will be able to resolve various tax issues like wage garnishments, tax penalties, personal and business taxes as well as back taxes, trust fund penalties, and tax liens.
There aren’t any hidden charges also. They only use flat-fee pricing, which depends on the amount you must settle.
They offer different options for the settlement of the tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kind of debt can they assist you with?
Although they specialize in debt settlement, it is not their specialization however, they do not provide all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They won’t be able to assist you if your credit or loan is tied to an actual item.
However, if you have the following kinds 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 difficulty. Furthermore, this service is offered across all 50 states, if you have a debt to the IRS. There are federal tax experts to assist you with these kinds of problems.
CuraDebt will also help you resolve your medical debt. In some instances you could even settle them for less than what you owe.
Private Student Loan
CuraDebt does not cater to Federal student loan. They can however assist private students with negotiating any student loans that they are owed.
Personal and payday loans are also eligible as debt-settling programs. It is also possible to avail the program of the program if you also have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, and private-label credit cards, CuraDebt can help you pay it off.
What is the cost?
The most appealing aspect of CuraDebt is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you settle each of your outstanding debts.
They also don’t have high-cost costs either. On average, you’ll have to pay as much as 20% of the debt you settled through them.
In the average, this kind of industry can charge anywhere between 15 and 25 percent.
Additionally, customers can anticipate to settle their debts within between 2 and 4 years. This varies in relation to the amount you save per month.
They also claim that you can save up to 30% when you factor in their charges into your calculation.
However, the claim may vary, depending on your specific situation. Some customers even claimed to save between 50% and 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, let’s look into the advantages from using CuraDebt.
First, CuraDebt is only charged once you’ve paid off your debt. Additionally they charge only an amount of 20%, while most companies charge you 25%.
Then, if you’re done with the debt settlement program you may enroll in their credit repair program.
It’s an excellent option to rebuild the credit rating without going back into debt. The program is however designed in a different way for each individual according to your personal situation.
Lastly, CureDebt looks into your credit to assist with settlements and negotiations. So, your debt won’t inflate over time. They’ll also be looking into any creditor violations using their own experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief typically require you to stop paying with the credit card you use. If you’re trying to build a better standing on credit scores, you could cause you to delay getting rid of your credit card debt.
CureDebt also doesn’t offer a mobile application. While they do have a website that clients can access, it looks aged and simple. It’s not very intuitive, and it can be difficult to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they were awarded an A+ rating.
The Final Verdict
CuraDebt is a great program that allows you to resolve your debt without having to spend more on these kinds of services. Moreover, their 20% service fee is lower than many businesses that charge the 25% cost. There are no upfront payments and you’ll only be required to pay once the debt is paid off.
While they’ll provide you with 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 monitor your progress.
But, they do have a great support team that you can contact them not just via email but by phone or by making an e-ticket. Estate And Gifestimated Federal Tax Due Dates 2021Tax Relief 2017
If your debt is a big issue right now, we recommend CuraDebt’s service. Make sure you’re qualified and that the services they offer are available in your state.
FAQ Estate And Gifestimated Federal Tax Due Dates 2021Tax Relief 2017
How long does it take to complete the course?
The average program is between 24 and 48 months depending on the amount of your debt as well as the stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt offers a program for tax relief that can help you with problems like delinquent tax issues and garnishments of wages.
What should I do once I’m in the program?
You’ll need to constantly communicate with the team and pay the required payments to lower your debt over time.