Has your debt been increasing lately? Are you exhausted from trying various financial tips and advice but haven’t solved your problems?
Maybe you’re here because been through everything.
In most cases, the best option is to speak with experts who can help you settle this issue.
CuraDebt is among the companies that get the most inquiries. Many people have been inquiring whether they can assist you or put you in more debt.
According to their customers, they can help you control 80percent of your debt , so you are able to take couple of w
orries off your mind.
But for some people they believe these claims are too good to be true.
If you’re looking for something that will assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be suggested by people. We’ll take a deeper look at how CuraDebt is used and the problems it can help you solve.
In addition, prior to our conclusion we’ll look at its benefits and drawbacks.
Before starting the review, you can check out this video instead in case you would 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 the article for a more comprehensive review of CuraDebt.
About the Company Federal Government Electrical Bill Tax Relief
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become a member of 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 can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. But they offer other services that can help you be more financially secure.
First of all, it begins by requesting a free online savings estimate. This service is very 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 debt-free.
Savings estimates, as we’ve mentioned earlier, provides you with the opportunity to consider your options regardless of whether you’re planning to continue using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you with credit arbitration in the event that you decide to sign up. Some financial advisors can help you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt can be the agency to handle all of your creditors’ calls. They will also be the ones that determine what you will pay for your settlement in accordance with the state of your finances. Depending on which works most effectively to you, this can be a lump-sum settlement or an installment plan.
Furthermore, they will be working with the lenders to help you get better rates when you transfer money into your savings account. This in turn, will process to pay off creditors. Their plans can help you pay off the debt in the period of 48 months.
After you’ve registered with them, they will give you access to your account information 24 hours a day. All you have to do is log in to CuraDebts’ client portal so that you can monitor your development.
Before you are able to avail their program, you’ll need to pass their requirements first. For eligibility, you’ll need to meet the following requirements:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they help you with?
Here are some of the ways CuraDebt can help you.
The name of the company suggests that CuraDebt will assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle most types of debt. These include medical bills, personal loans credit cards, and lines of credit. They can also be approached to help settle any remaining balance of business debt collection, repossessions, or collections.
They may even assist you in negotiating on tax owed as well as IRS debt. However, you won’t get assistance for the majority of your lawsuits, loans from the government or collateral, as well as utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify creditor violations to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be removed as well.
CuraDebt can also help you repay debt for less than the amount you own. They also allow you to have questions answered during a free consult with their debt advisor.
The best part about their program is that you only be charged after your debt has been settled. All you need to sign up to any of the plans and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. After they have gathered all your financial documents, they will also collect all the paperwork you’ll need for tax returns.
With this program, you will be able to solve various tax issues such as garnishments on wages and tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax liens.
There aren’t any hidden charges neither are there hidden fees. They only offer flat-fee prices that is based on the amount you need to settle.
There are a variety of options in settling 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 types of debt are they able to help with?
Although they specialize in debt settlement, it is not their specialization, they don’t offer all kinds in debt resolution. CuraDebt is only focused on loans that are not secured. They can’t help you if the debt or loan is tied to an actual item.
However, if you have the following types of debt, they will arrange settlements for you.
With CuraDebt, you should be able to settle your past-due tax debts without any problems. Furthermore, this service is available across all 50 states, if you have a debt towards the IRS. They have federal tax experts who can assist you in resolving these types of issues.
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle the debt for less than you owe.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. Still, they can help private students negotiate the student loans they have to pay.
Personal and payday loans also qualify to be eligible for debt relief programs. It is also possible to avail the program if you have other unsecured credit lines you obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can help you pay it off.
How much will it cost?
The best part about CuraDebt is how the company has priced its services. They do not charge an upfront cost. The only time you pay is when you’ve paid each of your outstanding debts.
Also, they don’t charge high costs either. On average, you’ll be required to pay between 20 and 20% of the debt you settled through them.
In general, this type of industry charges from 15% to 25%.
Moreover, clients can expect to settle their debt from between 2 and 4 years. This varies depending on the amount that you save per month.
Additionally, they claim that you could save as much as 30% by incorporating their fees in your equation.
But this claim will also vary, depending on the situation. Some customers have even talked about saving 50% to up to 80%.
Advantages to using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt offers, Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged when you’ve paid off your debt. Furthermore they charge only 20% of the cost, whereas the majority of companies charge 25 percent.
Next, if you’re done in the process of debt resolution you may join their credit repair program.
It’s a great option to rebuild your credit score without having to go in debt again. The program is however designed differently for each person, depending on your situation.
Finally, CureDebt looks into your debt so that they can help with settlements and negotiations. This means the amount you owe won’t rise as time passes. They’ll also be looking into any violations by creditors using their in-house experts.
Some disadvantages to using CuraDebt
Let’s also consider some of the drawbacks of CuraDebt.
Settlement of debt and debt relief often require you to cease making payments with your credit card. Therefore, if you’re trying improve your credit score, it might cause you to delay working on your debt.
CureDebt does not offer a mobile application. While they have a website for clients, it looks aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Furthermore, they are not credited with an accreditation from the Better Business Bureau although they received an A+ grade.
The Final Verdict
CuraDebt is a useful program that lets you resolve your debt without having to spend more on these kinds of services. Moreover, their 20% service charge is cheaper than most firms that charge a 25% fee. There is no upfront payment, and you will only be required to pay once the debt is paid off.
Although they’ll give you an account so that you can track your progress, their website is not simple to navigate. CuraDebt also doesn’t have an app yet, which will make it easier to track your progress.
However, they have a great support team and can be reached them not only through emails but also via phone or sending an electronic ticket. Federal Government Electrical Bill Tax Relief
If your debt is a big issue right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your area.
FAQ Federal Government Electrical Bill Tax Relief
How long will it take to complete the program?
The program typically takes 24 to 48 months, dependent on the size of your debt and the agreement on the settlement.
Can CuraDebt aid in the fight against state tax issues?
Yes, CuraDebt offers a program for tax relief that can aid you in dealing with problems such as delinquent payroll tax 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 reduce your debt over time.