Have your debts been increasing lately? Are you exhausted from trying various financial tips and advice but still have unsolved issues?
Maybe you’re here because you’ve tried everything.
In most cases, the best way is to approach experts who can help you settle this issue.
CuraDebt is among the most asked companies. Many people are asking if they are able to help or help you get into more debt.
According to their customers, they can help you manage 80percent of your debt , so you can take couple of things off your plate.
However, for certain people the claims seem too good to be true.
If you’re looking for anything that can help you resolve your debt. In that situation, CuraDebt will mostly be highly recommended by those. We’ll be taking an in-depth review of how CuraDebt operates and what issues it can help you solve.
In addition, prior to our conclusion our discussion, we’ll take a look at its benefits and drawbacks.
Before starting the review, check out this video instead in case you would prefer for it to be watched.
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 overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company Estimated Tax Penalty Relief For Farmers
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was established in 2000, and is an active participant in the American Fair Credit Council, the US Chamber of Commerce, and accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most known feature. They also provide additional services to assist you in becoming financially secure.
The process starts by requesting a no-cost savings estimate on the internet. It is a completely private service and won’t be doing a credit check. By using this estimate of savings you’ll be able to learn more about your other options in your journey towards debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with an insight into your options, regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial counselor and a team of support to assist you with the process of credit arbitration should you choose to enroll. Certain financial advisors can assist you with your debt-free journey.
After your debt settlement plan, CuraDebt will be the agency to handle all of your creditor’s calls. They’ll be the ones who will determine the terms of your settlement depending on the condition of your finances. Depending on which works best your situation, the payment can either be a lump sum settlement or the option of a payment plan.
Additionally, they will be working with creditors so that you can have better rates as you transfer money into your savings account, which in turn, will process to pay back creditors. Their plans can help you settle the debt within the period of 48 months.
After you’ve registered with them, they will give you access to your information 24/7. All you need to do is log in to CuraDebts’ client portal so that you can monitor your progress.
Before you can benefit from the program, you’ll have to satisfy their criteria first. In order to be considered eligible for the program, you’ll need to be:
- At least 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with debt. They can negotiate settlements on your behalf for the majority of types of debt. They can help with personal loans, medical bills, credit cards and line of credit. You can also approach them to settle any outstanding balance of business debt, collections, or repossessions.
They may even assist you in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance for the majority claims, loans from the government as well as collateral and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying the violations of creditors to ensure that you receive cash settlements, should it be possible. Certain violations may cause your debt to be dismissed as well.
CuraDebt also allows you to settle debt with less than the amount you own. Additionally, you can have questions answered during a free meeting with their debt counselor.
The best part about their plan is that you will only pay the fees when your debt is paid off. All you have to sign up to some of their programs and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. After they have gathered all your financial records and tax documents, they’ll also collect all the documents you’ll require for tax returns.
Through this program, you should be able to resolve different types of taxes such as garnishments on wages as well as tax penalties for personal and business taxes, back taxes, trust fund penalties, and tax lien.
There aren’t hidden fees neither are there hidden fees. They use only flat-fee pricing that is based on the amount that you’ll must settle.
They offer different options for the settlement of your tax debt. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts are they able to help with?
While debt settlement is their specialization but they aren’t able to provide all kinds of settlement. CuraDebt only focuses on unsecured debt. They won’t be able to assist you if your debt or loan is tied to an actual item.
However, if you have 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 accessible to all 50 states in the event that you have a debt to the IRS. There are tax experts from the federal government that can help you resolve the issues.
CuraDebt can also assist in settling your medical debt. In some instances, you may even pay the debt for less than you have to pay.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. They can however assist private students in negotiating any loans they have to pay.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program the program if you have other unsecure credit lines you obtained from another bank or financial institution.
Credit Card Debt
If you’re in debt using store credit cards as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
How much will it cost?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your debts.
Additionally, they do not charge high costs either. On average, you’ll be required to pay up to 20% of the debt you settled with them.
On average, this type of business can cost anywhere between 15 and 25%.
Additionally, customers can anticipate to settle their debt from 2 to 4 years. But, it also differs depending on the amount that you save per month.
Additionally, they claim you can save up to 30% by incorporating their costs into your calculations.
But this claim will also vary, depending on the situation. Some customers have even talked about saving between 50% and up to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can offer you let’s look into the advantages from using CuraDebt.
The first is that CuraDebt only charges you after you’ve settled your debt. In addition they only charge a 20% fee while many companies charge 25%.
Then, if you’re done with the debt settlement program you can join their credit restoration program.
It’s an excellent method to improve your credit without going back into debt. The program is however designed in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t inflate as time passes. They’ll also be looking into any creditor violations using their own experts.
The drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with your credit card. If you’re trying to increase your rating on your credit, this might delay you from finishing your obligations.
CureDebt also doesn’t have a mobile app. While they do have a website that clients can access however, it appears old and mundane. It’s not particularly intuitive and could 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 pay off your debts without spending more on these kinds of services. In addition, their 20% service cost is lower than many businesses that charge an additional 25% charge. There is no upfront payment, and you will only be required to pay once your debt is finally settled.
While they’ll provide you with an account so that you can track your progress however, their website isn’t easy to navigate. CuraDebt isn’t even an app that would make it easier to look at your performance.
They do have a good support team and can be reached them, not only via emails but by phone or by making an electronic ticket. Estimated Tax Penalty Relief For Farmers
If credit card is a major issue right now, we strongly recommend CuraDebt’s debt management program. Make sure you’re qualified and that the services that they provide are offered in your state.
FAQ Estimated Tax Penalty Relief For Farmers
What is the time frame to complete the course?
The average program is 24 to 48 months, dependent on the size of your debt as well as the agreement on the settlement.
Can CuraDebt help with tax problems in the state?
Sure, CuraDebt provides tax relief programs that will aid you in dealing with problems such as late payroll tax and garnishments on wages.
What’s the first thing I have to do after joining the program?
You’ll need to constantly communicate with the team and pay the required payments to reduce the amount of debt you have over time.