Have your debts increased lately? Are you tired of trying other financial tips and advice but haven’t solved your problems?
Maybe you’re here because tried every thing.
In most cases, the most effective approach is to talk to professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many people are asking if they can assist you or put you in more debt.
According to their clients they can help you control 80% of your debt so that you can take few things off of your mind.
For some they believe these claims are too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep look at the way CuraDebt works and what problems it can help you solve.
In addition, prior to our conclusion, we’ll also look into its benefits and drawbacks.
Before you begin the review, check out this video instead for a more relaxing way watching it.
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. After, you’ll want to read the rest of our article for a more comprehensive review.
About the Company Florida Counties Given Irs Tax Relief For Hurricane Irma
CuraDebt is a debt relief company from Hollywood, Florida. It was founded in 2000, and is a member of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited through the International Association of Professional Debt Arbitrators.
Although it is accredited, some states have restricted their services.
What can CuraDebt do?
Helping you settle your debt is CuraDebt’s most known feature. However, they also offer other services that can help you be more financially secure.
It all starts by requesting a no-cost online savings estimate. The service is completely confidential and won’t be conducting a credit screening. With this estimate of savings you’ll be able to be able to learn more about the other options in your journey to debt-free.
This estimate of savings, as we’ve mentioned previously, offers you the opportunity to consider your options, regardless of whether you’re planning on using CuraDebt.
CuraDebt will assign you a financial counselor and a support team to help you with the process of credit arbitration should you choose to join. Certain financial advisors can assist you with your debt-free journey.
Following the debt settlement program is completed, CuraDebt is the company to answer all of your creditor’s calls. They will be the ones who will determine conditions of the payment depending on the condition of your finances. Based on what works best your situation, the payment can either be a lump sum settlement or an installment plan.
Additionally they will be working with the creditors so that you can enjoy better rates when you deposit money to your savings account. This, in turn, will process to pay off the creditors. Their plans can help you pay off the debt in 48 months.
Once you’ve signed up with them, they’ll provide you with access to your information 24/7. All you have to do is sign 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 need to meet the following criteria:
- Minimum 21 years old
- Earn a reliable income
- Have a minimum debt of $5,000
What are they able to assist you with?
Here are the various ways CuraDebt can assist you.
As their name suggests, CuraDebt can help you deal with your debt. They are able to negotiate settlements on your behalf for the majority of types of debt. This includes medical bills, personal loans, credit cards and lines of credit. You can also approach them to help settle any remaining amount on business debts and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you will not receive assistance for the majority cases, loans from the government, collateral, and utility bills. The same goes for student loans.
On the contrary, they’ll assist you in navigating laws such as the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They also help you find debtors who are in violation so that you can have cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt can also help you pay off debts with less than the amount you own. Additionally, you can inquire about your debt during their no-cost consult with their debt counselor.
The best part about their program is that you only have to pay for the charges when your debt is paid off. All you need to sign up for any of the plans, and you’ll have the ability to pay off all your debts.
Tax Management and Relief
CuraDebt will also handle taxes. After they have gathered all your financial documentation They will also gather all the necessary paperwork for tax returns.
Through this program, you will be able to deal with various tax issues such as garnishments on wages, tax penalties, personal and corporate taxes, back taxes and trust fund penalties and tax lien.
There aren’t hidden fees also. They only use flat-fee pricing, which depends on the amount you’ll have to pay.
They have different solutions in settling 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 can they assist you with?
While debt settlement is their forte, they don’t provide all kinds in debt resolution. CuraDebt concentrates on debt that is not secured. They can’t help you if your loan or debt is linked to an actual item.
However, if you have one of the following kinds of debt, they will arrange settlements for you.
With CuraDebt it is expected that you will be able to pay tax debts that were due to be paid without difficulty. Moreover, this type of service is available to all 50 states if you owe money to the IRS. There are tax experts from the federal government who can assist you in resolving these kinds of problems.
CuraDebt can also assist in settling your medical debt. In some cases you could even settle them less than the amount you have to pay.
Private Student Loan
CuraDebt does not cater to the federal government’s student loan. However, they can assist private students in negotiating any student loans that they owe.
Personal loans and payday loans are also eligible to be eligible for debt relief programs. You can also avail if you have other unsecured credit lines that you have obtained from another bank or financial institution.
Credit Card Debt
If you are in debt through store credit cards or traditional credit cards or private label credit cards, CuraDebt will help you pay it off.
What is the cost?
The greatest thing about CuraDebt’s pricing is how they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you have paid off all of your debts.
Additionally, they don’t charge high fees as well. In the average, you’ll need to pay as much as 20 percent of the debt you settled through them.
On average, this type of industry can charge anywhere between 15 and 25%.
Moreover, clients can expect to settle their debts within two to four years. However, this also varies in relation to the amount you can save up per month.
Additionally, they claim that you can save up to 30% when you factor in their fees in your equation.
However, the claim may vary, depending on your situation. Some clients even mentioned saving 50% to 80%.
Benefits of using CuraDebt
Once you’ve got a clearer picture of the benefits CuraDebt can provide, let’s look into the advantages from using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Additionally they only charge an amount of 20%, while many companies charge 25 percent.
If you’re finished in the process of debt resolution, you may join their credit restoration program.
It’s an excellent way to restore your credit without going in debt again. However, the program lasts in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your financial obligations to assist in settlements and negotiations. So, your debt won’t inflate over time. They’ll also look into any violations by creditors with the help of their in-house experts.
The drawbacks of using CuraDebt
We will also examine some of the negatives of CuraDebt.
Debt relief and debt settlements often require you to stop making payments using the credit card you use. Therefore, if you’re trying increase your rating on your credit, this may delay you from getting rid of your debt.
CureDebt does not offer a mobile application. While they do have a website for clients however, it appears outdated and basic. It’s not very intuitive and could be challenging to navigate.
Moreover, they are still not credited with an accreditation from the Better Business Bureau although they were awarded an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to settle your debt without spending more on those types of services. Additionally the 20% service fee is cheaper than most firms that charge a 25% fee. There aren’t any upfront fees, and you will only have to pay the fee when the debt is settled.
Although they’ll allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt does not have an app, which could make it easier for you to look at your progress.
However, they have a competent support staff, and you can reach them, not only via emails but also via phone or sending an electronic ticket. Florida Counties Given Irs Tax Relief For Hurricane Irma
If debt is a big problem right now, we recommend CuraDebt’s service. Just make sure that you’re qualified and that the services they provide are in your state.
FAQ Florida Counties Given Irs Tax Relief For Hurricane Irma
How long does it take to complete the program?
The program typically takes between 24 and 48 months dependent on the size of your debt as well as your stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
It is true that CuraDebt offers a program for tax relief to help you with problems such as delinquent payroll tax and wage garnishments.
What should I do once I’m in the program?
You’ll have to keep in constant contact with your team members and pay the required payments to pay down your debt over time.