Have your debts been piling up lately? Are you burnt out from trying other financial advice and tips but still have unsolved issues?
Perhaps you’re here because you’ve tried everything.
In most cases, the best way is to approach professionals that can help you settle this issue.
CuraDebt is among the most frequently contacted companies. Many customers have asked if they are able to help or put you into more debt.
According to their clients they can assist you in managing 80% of your debt so that you are able to take few things off of your shoulders.
But for some people they believe these claims are too good to be true.
You might be looking for anything that can assist you in paying off your debt. If that’s the case, CuraDebt will mostly be recommended by people. We’ll be taking an in-depth review of the way CuraDebt operates and what issues it can help you solve.
Moreover, before we end we’ll look at its advantages and drawbacks.
Before starting the review, you can watch this video instead if you prefer 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 overview. Afterward, you will want to read the rest of the article for a more comprehensive review.
About the Company Fort Smith Arkansas 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 is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you settle your debt is CuraDebt’s most well-known feature. However, they also offer other services that can aid you in becoming more financially secure.
First of all, it begins with requesting a free savings estimate on the internet. It is a completely private service, and they won’t conduct a credit inquiry. With this estimate of savings, you will be able to learn more about the alternatives towards debt-free.
Savings estimates, which was mentioned earlier, provides you with the opportunity to consider your options regardless of whether or not you’re planning on using CuraDebt.
CuraDebt will assign you a financial advisor as well as a support team to assist you in navigating credit arbitration in the event that you decide to enroll. Certain financial advisors can assist you with your debt-free journey.
Following your debt settlement program is completed, CuraDebt can be the agency to take care of all your creditor’s calls. They will also be the ones that will negotiate the terms of your payment in accordance with the state of your finances. Based on what works most effectively your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Furthermore they will also be working with the creditors so that you can have better rates as you make deposits to your savings account. This in turn, will be processed to pay off creditors. The plans they offer can help you pay off the debt in 48 months.
After you’ve registered with them, they will allow you access to your information 24/7. All you have to do is log in to CuraDebts Client Portal to monitor your progress.
Before you can benefit from their program, you’ll need to pass their requirements first. In order to be considered eligible for the program, you’ll need to meet the following criteria:
- Minimum 21 years old
- Verifiable income
- You must have a minimum balance of $5,000
What are they able to assist you with?
Here are the different 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 for most types of debt. They can help with personal loans, medical bills, credit cards as well as line of credit. They are also able to pay off any remaining balance of business debt, collections, or repossessions.
They may even assist you in negotiating with back taxes and IRS debt. But, you won’t receive assistance with the majority of your lawsuits, loans from the government as well as collateral and utility bills. The same goes for student loans.
On the contrary, they’ll assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They will also help you identify debtors who are in violation in order to get cash settlements, if they are possible. Certain violations may lead to having your debts dismissed as well.
CuraDebt also allows you to repay debt for less than the amount you have. You can also have questions answered during a free consultation with their debt counsellor.
The best part about the program is that you only be charged when your debt is paid off. All you need to sign up for one of their plans, and you’ll be able to settle each of your debts.
Tax Management and Relief
CuraDebt can also help you with taxes. After they have gathered all your financial documentation and tax documents, they’ll also collect all the paperwork you’ll need to file tax returns.
By using this program, you’ll be able to deal with the various types of tax problems such as garnishments on wages and tax penalties, personal and business taxes, back taxes and trust fund penalties and tax lien.
There aren’t any hidden charges neither are there hidden fees. They use only flat-fee pricing, which depends on the amount that you’ll must settle.
They have different solutions for settling the tax debt. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
What kinds of debts can they help you with?
Although they specialize in debt settlement, it is not their forte however, they do not offer all kinds of debt settlement. CuraDebt is only focused on unsecured debt. They aren’t able to assist you if your loan or debt is linked to a physical item.
However, if you have the following types of debt, they will negotiate settlements on your behalf.
With CuraDebt it is expected that you will be able pay off your past-due tax debts without any problems. Additionally, this service is offered across all 50 states, if you have a debt in arrears to 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 may even pay them less than the amount you owe.
Private Student Loan
CuraDebt does not cater to federal student loans. However, they can assist private students with negotiating the student loans they are owed.
Payday loans and personal loans also qualify for the debt settlement program. It is also possible to avail the program 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 as well as traditional credit cards and private-label credit cards, CuraDebt can assist you in paying it off.
What is the cost?
The best part about CuraDebt is the way they’ve priced their service. They don’t charge an upfront fee. The only time you pay is when you’ve paid each of your debts.
Additionally, they do not charge high fees as well. On average, you’ll have to pay between 20 and 20 percent of the debt you settled with them.
In general, this type of industry can charge anywhere from 15% to 25 percentage.
Additionally, customers can anticipate to pay off their debts in 2 to 4 years. This varies in relation to the amount you are able to save each month.
Also, they claim that you can save as much as 30% if you include their charges into your calculation.
However, this statement will differ based on your situation. Some clients even mentioned saving 50 to up to 80%.
The benefits of using CuraDebt
Now that you have an idea of what CuraDebt can provide, Let’s take a look at the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you when you’ve paid off your debt. Furthermore they charge only an amount of 20%, while the majority of companies charge 25 percent.
If you’re finished with the debt settlement program, you can enroll in their credit repair program.
It’s an excellent way to restore your credit without going into debt again. The program is however designed in a different way for each individual dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. This means your debt won’t increase as time passes. They’ll also investigate any violations by creditors with the help of their own experts.
Drawbacks of using CuraDebt
Let’s also consider some of the disadvantages of CuraDebt.
Debt settlement and debt relief usually require that you cease making payments with the credit card you use. If you’re trying to build a better rating on your credit, this might cause you to delay working on your credit card debt.
CureDebt also doesn’t have a mobile app. Although they have a website that clients can access but it’s aged and simple. It’s not very intuitive, and it can be challenging to navigate.
Moreover, they are still not accredited with their Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more on these kinds of services. Additionally the 20% service cost is lower than many firms that charge a 25% fee. There is no upfront payment and you’ll only have to pay the fee when your debt is finally settled.
While they’ll provide you with an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt also doesn’t have an app that would make it easier to look at your progression.
But, they do have a good support team and can be reached them not just via email but by phone or by making an electronic ticket. Fort Smith Arkansas Tax Relief
If your problem of debt is an issue right now, we strongly recommend CuraDebt’s debt management program. Just make sure that you’re eligible and that the programs they offer are available in your state.
FAQ Fort Smith Arkansas Tax Relief
How long does 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 help with state tax problems?
Yes, CuraDebt provides tax relief programs that can aid you in dealing with problems like delinquent tax issues and wage garnishments.
What’s the first thing I have to do after joining the program?
You’ll be required to communicate with the team and pay the required payments to reduce your debt over time.