Have your debts increased lately? Are you tired of trying various financial advice and strategies but you’re still struggling with unsolved problems?
Maybe you’re here because you’ve been through everything.
In most cases, the best option is to speak with experts who can help you resolve the issue.
CuraDebt is one of the most frequently contacted companies. A lot of customers have asked if they can assist you or help you get into more debt.
According to their clients, they can help you manage 80% of your debt , so you can finally take a couple of w
orries off your shoulders.
For some they believe these claims are too good to be true.
You might be looking for any solution that could help you resolve your debt. In that scenario, CuraDebt will mostly be suggested by people. We’ll be taking an in-depth review of how CuraDebt operates and what issues it could help solve.
Furthermore, before we conclude we’ll look at the advantages and disadvantages of this method.
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 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 Gatlinburg Wildfire Tax Relief
CuraDebt is an organization that deals with debt relief in Hollywood, Florida. It was founded in 2000 and has been an active participant in the American Fair Credit Council, the US Chamber of Commerce, and has been accredited with the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Assistance in settling your debt is the most known feature. However, they also offer other services that can aid you in becoming more financially secure.
The process begins with requesting a free savings estimate on the internet. It is a completely private service, and they won’t be doing a credit check. With this estimate of savings you’ll be able to learn more about the alternatives towards debt-free.
The savings estimate, as we’ve mentioned earlier, provides you with the opportunity to consider your choices regardless of whether or not you’re going to keep using CuraDebt.
CuraDebt will provide you with a financial counselor as well as a support team to assist you with credit arbitration if you decide to join. Some financial advisors can help you on your path to debt-free living.
Following your debt settlement program, CuraDebt is the agency to handle all of the calls from your creditors. They’ll also be the ones who determine what you will pay for your settlement in accordance with the state of your financial situation. Based on what works most effectively your situation, the payment can be either a lump sum settlement or the option of a payment plan.
Additionally they will be working with creditors to ensure that you enjoy better rates when you make deposits to your savings account, which in turn, will be processed to pay the creditors. The plans they offer can help you settle the debt within two years.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is login to CuraDebts’ client portal to track your development.
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CuraDebt’s Requirements
Before you can benefit from the program, you’ll have to pass their requirements first. In order to be considered eligible for the program, you’ll have to be:
- At least 21 years old
- Earn a reliable income
- Minimum debt must be $5,000
What are they able to assist you with?
Here are the different ways CuraDebt can assist you.
Debt Relief
Like their name implies, CuraDebt can assist you in dealing your debt. They are able to negotiate settlements on your behalf to settle most types of debt. They can help with personal loans, medical bills, credit cards and lines of credit. You can also approach them to pay off any remaining balance on business debt and collections or repossessions.
They may also assist in negotiating with back taxes and IRS debt. However, you won’t get support for most of your lawsuits, loans from the government, collateral, and utility bills. Also, they don’t cover the majority of student loans.
On the other hand, they will assist you in navigating laws such as 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 so that you can have cash settlements, if possible. Certain violations may result in having your debts removed as well.
CuraDebt lets you repay debt for less than the amount you have. Additionally, you can ask questions during their free meeting with their debt counsellor.
The greatest benefit of the program is that you will only pay the fees once your debt is settled. All you have to do is sign up with one of their plans and you’ll be able resolve all of your debts.
Tax Management and Relief
CuraDebt will also handle the tax liabilities you have. Once they collect all of your financial documentation, they will also collect all the paperwork you’ll need to file tax returns.
By using this program, you will be able to solve various tax issues like garnishments on wages as well as tax penalties for personal and taxation for business, back taxes as well as trust fund penalties and tax lien.
There aren’t hidden fees either. They only offer flat-fee prices and is dependent on the amount that you’ll need to settle.
They offer different options when it comes to paying off taxes. Here are 6 options:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatements
- Currently non-collectible
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What types of debt can they help you with?
Although they specialize in debt settlement, it is not their specialty however, they do not cater to all types in debt resolution. CuraDebt is only focused on debt that is not secured. They aren’t able to help you if the loan or debt is linked to an actual item.
If you do have the following kinds of debt, they will arrange settlements for you.
Tax Debt
With CuraDebt the service, you’ll be able to pay your past-due tax debts without any issues. Furthermore, this service is accessible to all 50 states if you owe money towards the IRS. They have federal tax experts that can help you resolve these types of issues.
Medical Debt
CuraDebt will also help you resolve the medical bills. In certain cases you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt does not cater to federal student loans. They can however assist private students negotiate the student loans they have to pay.
Personal Loan
Payday loans and personal loans also qualify as debt-settling programs. You may also be eligible if you have other unsecured credit lines that you have obtained from an alternative financial institution or bank.
Credit Card Debt
If you’re in debt using store credit cards, traditional credit cards, as well as private label credit card, CuraDebt can assist you in paying it off.
What will it cost you?
The best part about CuraDebt is the way the company has priced its services. They don’t charge an upfront fee. Only pay when you settle each of your outstanding debts.
Additionally, they do not charge high charges either. On average, you’ll have to pay as much as 20 percent of the debt you settled through them.
In the average, this kind of business can cost anywhere between 15% and 25%.
In addition, customers can expect to settle their debts within 2 to 4 years. However, this also varies in relation to the amount you can save up per month.
Also, they claim that you could save as much as 30% if you include their fees in your equation.
However, the claim may vary, depending on the situation. Some customers even claimed to save between 50% and up to 80%.
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The benefits of using CuraDebt
Now that you have an understanding of the benefits CuraDebt offers, let’s look into the advantages that come with using CuraDebt.
The first is that CuraDebt will only charge you when you’ve paid off your debt. In addition, they only charge an amount of 20%, while most companies charge you 25 percent.
Next, if you’re done with the debt settlement program, you may join their credit restoration program.
It’s a fantastic option to rebuild your credit without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can help with settlements and negotiations. So, your debt won’t increase as time passes. They’ll also look into any violations of creditor with the help of their experts in-house.
Drawbacks of the use of CuraDebt
Let’s also look into some of the negatives of CuraDebt.
Debt settlement and debt relief typically require you to stop making payments using the credit card you use. So if you’re trying to increase your rating on your credit, this might set you back while you’re getting rid of your obligations.
CureDebt doesn’t even have a mobile app. While they have a website for clients however, it appears outdated and basic. It’s not very user-friendly, and can be difficult to navigate.
In addition, they’re not credited with their Better Business Bureau although they received an A+ rating.
The Final Verdict
CuraDebt is a good program that allows you to settle your debt without spending more on those types of services. Moreover, their 20% service cost is less expensive than the majority of businesses 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 allow you to access an account to see your progress however, their website isn’t user-friendly. CuraDebt isn’t even an app that would make it easier to track your performance.
However, they have a competent support staff that you can contact them not just via email but also by phone or submitting an electronic ticket. Gatlinburg Wildfire Tax Relief
If your debt is a big problem right now, we recommend CuraDebt’s service. Be sure to be qualified and that the services they provide are in your area.
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FAQ Gatlinburg Wildfire Tax Relief
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 your stipulated settlement.
Can CuraDebt assist with tax problems in the state?
Sure, CuraDebt has a tax relief program that can help you with problems such as late payroll tax issues and wage garnishments.
What do I need to do once I’m in the program?
You’ll have to keep in constant contact with the team and pay the required payments to reduce your debt over time.