Have your debts been increasing lately? Are you burnt out from trying various financial tips and advice but haven’t solved your problems?
Perhaps you’re here because you’ve already tried every thing.
In most cases, the most effective approach is to talk to professionals that can help to resolve this issue.
CuraDebt is one of the most asked companies. A lot of people are asking if they can assist you or help you get into more debt.
According to their customers, they can help you control 80percent of your debts so that you are able to take few things off of your mind.
But for some people, these claims are just too good to be true.
You might be looking for anything that can help you resolve your debt. In that case, CuraDebt will mostly be highly recommended by those. We’ll be taking a deep study of the way CuraDebt operates and what issues it could help solve.
Moreover, before we end, we’ll also look into its advantages and drawbacks.
Before you begin the review, you can watch this video instead in case you would prefer to watch 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 overview. After, you’ll want to read the rest of the article for a more comprehensive review.
About the Company Franchise Tax Board Certificate Of Relief From Contract Voidability
CuraDebt is a debt relief company from Hollywood, Florida. It was established in 2000 and has since become an active part of the American Fair Credit Council, the US Chamber of Commerce, and has been accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, some states have imposed restrictions on their services.
What CuraDebt do?
Assistance in settling your debt is the most well-known feature. However, they also offer additional services to help you be more financially stable.
First of all, it starts by requesting a no-cost savings estimate on the internet. This service is very confidential, and they won’t conduct a credit inquiry. With this savings estimate you’ll be able to learn more about your options towards debt-free.
This estimate of savings, 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 support team to assist you with the process of credit arbitration should you choose to enroll. Some financial advisors can help you with your debt-free journey.
Following your debt settlement program, CuraDebt can be the company to answer all of your creditor’s calls. They’ll also be the ones that determine conditions of the settlement depending on the condition of your finances. Based on what works best to you, this can be a lump-sum settlement or a payment plan.
Moreover, they will be working with creditors to ensure that you get better rates when you make deposits to your savings account. This is then processed to pay creditors. The plans they offer can help you pay off the debt in two years.
Once you’ve signed up with them, they’ll give you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal so that you can monitor your progress.
Before you are able to avail the program, you’ll have to satisfy their criteria first. For eligibility, you’ll need to be:
- Minimum 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What can they assist you with?
Here are some of the ways CuraDebt can assist you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They are able to negotiate settlements on your behalf to settle the majority of types of debt. They can help with medical bills, personal loans credit cards, and loans. You can also approach them to pay off any remaining balance of business debt collection, repossessions, or collections.
They may also assist in negotiating for back taxes as well as IRS debt. But, you won’t receive assistance for the majority cases, loans from the government, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they will assist you with laws like those of the Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying debtors who are in violation to ensure that you receive cash settlements, should it be possible. Some violations can also result in having your debts dismissed as well.
CuraDebt lets you pay off debts with less than the amount you own. You can also ask questions during their free consult with their debt counsellor.
The greatest benefit of their plan is that you’ll only pay the fees after your debt has been settled. All you have to sign up to one of their plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with taxes. Once they’ve gathered all your financial documents They will also gather all the paperwork you’ll need to file tax returns.
Through this program, you will be able to solve the various types of tax problems such as garnishments on wages as well as tax penalties for personal and business taxes as well as back taxes, trust fund penalties, and tax lien.
There aren’t any hidden charges neither are there hidden fees. They only use flat-fee pricing and is dependent on the amount you must settle.
They offer different options in 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 types of debt can they assist you with?
Although they specialize in debt settlement, it is not their forte but they aren’t able to offer all kinds in debt resolution. CuraDebt concentrates on debt that is not secured. They aren’t able to help you if the loan or debt is linked to a physical item.
If, however, you are in the following kinds of debt, they’ll make arrangements for settlements.
With CuraDebt it is expected that you will be able pay off taxes that are due without any issues. Moreover, this type of service is offered across all 50 states, if you owe money in arrears to IRS. They have federal tax experts that can help you resolve these types of issues.
CuraDebt can also assist in settling the medical bills. In some cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to the federal government’s student loan. However, they can assist private students in negotiating any student loans that they owe.
Payday loans and personal loans also qualify to be eligible for debt relief programs. It is also possible to avail the program of the program if you also have other unsecured credit lines that you got from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, or private label credit cards, CuraDebt will help you pay it off.
What will it cost you?
The most appealing aspect of CuraDebt’s pricing is how they’ve priced their services. They don’t charge an upfront fee. Only pay when you have paid off all of your debts.
Also, they do not charge high costs either. On average, you’ll be required to pay as much as 20% of the debt you settled with them.
In the average, this kind of industry can charge anywhere from 15% to 25 percentage.
Moreover, clients can expect to settle their debt from between 2 and 4 years. However, this also varies according to the amount you can save up per month.
They also claim that you could save as much as 30% if you include their costs into your calculations.
However, the claim may depend on your specific situation. Some customers have even talked about saving between 50% and up to 80%.
The benefits of using CuraDebt
Now that you have a clearer picture of the benefits CuraDebt can offer you Let’s take a look at the benefits that come with using CuraDebt.
The first is that CuraDebt is only charged once you’ve paid off your debt. Furthermore, they only charge 20% of the cost, whereas many companies charge 25 percent.
Then, if you’re done by the program for debt relief you can also sign up for their credit repair program.
It’s a great method to improve the credit rating without having to go into debt again. However, the program lasts in a different way for each individual, depending on your situation.
Finally, CureDebt looks into your credit to assist with settlements and negotiations. This means your debt won’t inflate over time. They’ll also investigate any violations of creditor with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements usually require that you stop paying with the credit card you use. If you’re trying to improve your credit score, it could delay you from finishing your debt.
CureDebt doesn’t even offer a mobile application. Although they have a website for clients however, it appears old and mundane. It’s not particularly user-friendly, and can be challenging to navigate.
Moreover, they are still not accredited with the Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that will allow you to settle your debt without spending more on these kinds of services. Moreover, their 20% service charge is less expensive than the majority of firms that charge an additional 25% charge. There are no upfront payments and you’ll only be required to pay once the debt is settled.
Although they’ll give you an account so that you can track your progress but their website isn’t simple to navigate. CuraDebt isn’t even an app, which could make it easier for you to monitor your progress.
But, they do have a competent support staff that you can contact them not just via email but by phone or by submitting an electronic ticket. Franchise Tax Board Certificate Of Relief From Contract Voidability
If your problem of debt is an problem right now, we strongly recommend CuraDebt’s debt management program. Be sure to be eligible and that the services they offer are available in your state.
FAQ Franchise Tax Board Certificate Of Relief From Contract Voidability
How long will it take to finish the program?
The average program is between 24 and 48 months dependent on the size of your debt and the stipulated settlement.
Can CuraDebt aid with state tax problems?
Sure, CuraDebt offers a program for tax relief that can help you with problems like delinquent tax issues and garnishments of wages.
What’s the first thing I have to do once I’m in the program?
You’ll be required to communicate with the team and pay the required payments to pay down your debt over time.